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    US Department Of Agriculture: US Cotton Subsidy Will Rise To More Than 32 Cents AWP Next Week.

    2009/3/21 0:00:00 44

    According to the US Department of agriculture, 3.20-3.26 week AWP (adjusted world average price) dropped to 32.73 cents / pound, up 0.88 cents from this week, and LDP (insufficient loan subsidy) was 19.27 cents / pound, down 0.88 cents from this week.

    Next week, AWP

    Price

    = 3.13-3.19 a week, the average price of the 5 lowest price new flowers in Asia's main port M freight and quality difference.

    The average price of 5 new M flowers is 51.32 cents / pound, and the freight cost is 14.89 cents / lb. the quality difference is 3.70 cents / pound.

    So next week, the price of AWP is =51.32- (14.89+3.70) =32.73 cents / lb, LDP=52.00-32.73=19.27 cents / lb.

    Next week's 07/08 FCA (high level)

    Cotton price difference

    ) for 1.05 cents a pound, FCA in 08/09 was 0.65 cents per pound; CCA (low grade)

    cotton

    The spread is 0.

    Editor in chief: Xu Qiyun

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