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Ceiling price of China's state cotton purchase auction during Dec 28-31, 2020
The state cotton reserves of Xinjiang cotton kick off on Dec 1, 2020. According to the calculation formula, the maximum price of purchase auction scores at 15,151yuan/mt during the fifth week from Dec 28 to Dec 64 (standard type 3128B price), up 120yuan/mt from previous week.
| Ceiling price of Xinjiang cotton reserves (3128B) |
| Date |
CCIndex3128B |
CncottonB |
Average |
| 21-Dec |
14981 |
14797 |
14889 |
| 22-Dec |
14981 |
14773 |
14877 |
| 23-Dec |
14893 |
14726 |
14810 |
| 24-Dec |
14909 |
14767 |
14838 |
| 25-Dec |
14921 |
14788 |
14855 |
| Weekly average |
14937 |
14770 |
14854 |
| Ceiling price |
15151 |
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