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Selling price of China's reserved cotton during Jul 17-21, 2017

According to relative regulation, the base selling price of the week (from Jul 17-21) scores at 14,964yuan/mt (standard type price), down 64yuan/mt compared to the prior week. Based on the selling price of standard type, the actual reserved cotton prices will be calculated according to the price difference of different quality. 

Note: the VAT for cotton has reduced from 13% to 11% from July 1, 2017. 

Selling price of standard type cotton (3128B)
  CCIndex3128B CncottonB Cotlook A Cotlook A under 1% tariff Average
Weekly average 15,877 15,841 83.47 14,069 14,964
10-Jul 15,891 15,855 84.8 14,293 15,083
11-Jul 15,879 15,843 83.45 14,065 14,963
12-Jul 15,874 15,838 83.7 14,107 14,982
13-Jul 15,872 15,836 83.2 14,023 14,939
14-Jul 15,871 15,835 82.2 13,854 14,854

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