Cotton Quotes Fell Sharply Outside Cotton Market
Here world
Clothing and shoes
The Xiaobian net introduced to everybody is September 23rd: the quotation of the outer cotton has dropped sharply.
In September 23rd, the price of China's main port of imported cotton fell sharply, and the West African cotton and Central Asian cotton fell by more than 2 cents, while the US cotton and Australian cotton fell by 1.5-1.8 cents.
Market rumors that China will no longer increase the sliding tax and processing trade quotas seriously dampen the market.
It is understood that the quota for pre auction and reserve cotton auction is already in place, but the quantity is only a drop in the bucket for textile enterprises, and it can only be used for signing contracts before clearance.
In addition, China's cotton prices continued to decline, continuing to form pressure on foreign cotton.
In September 23rd, the international cotton index (SM) 77.95 (cents / pound, the same below) dropped 177 points, folded the general trade port delivery price 14265 yuan / ton (calculated according to the sliding tax, the exchange rate was calculated at the Bank of China's middle price), the international cotton index (M) 73.81 cents, fell 175 points, folded the general trade port delivery price 13902 yuan / ton.
The prices of main varieties are as follows:
In the SM 1-1/8 grade cotton, the price of the American C/A cotton is 78.35 (cents / pound, the same below), and the general trade port delivery price is 14301 yuan / ton (calculated according to the sliding tax, the same below).
Us E/MOT cotton quotation is 74.35, discount RMB 1.
General trade
Easy port pick up price 13950 yuan / ton.
Australia cotton quotation is 85.50, discount general trade port delivery price 14975 yuan / ton.
Uzbekistan cotton quotation is 83.60, discount general trade port delivery price 14790 yuan / ton.
West African cotton
offer
At 70.80, the general trade port discount price is 13653 tons.
India cotton quotation is 78.12, discount general trade port delivery price 14280 yuan / ton.
The US E/MOT M 1-3/32 "grade" cotton price is 72.15, and the general trade port delivery price is 13764 yuan / ton.
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