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Selling price of China's reserved cotton during Apr 23-28, 2018

2017/18 China state cotton auction kicks off on March 12, 2018. According to relative regulation, the base selling price of the seventh week during Apr 23-28 is 14,989yuan/mt (standard type price), down 42yuan/mt from the previous 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. 

Selling price of standard type cotton (3128B)
  CCIndex3128B CncottonB Cotlook A Cotlook A under 1% tariff Average
Weekly average 15,482 15,582 92.19 14,445 14,989
16-Apr 15,485 15,585 92.65 14,517 15,026
17-Apr 15,483 15,583 92.45 14,486 15,009
18-Apr 15,481 15,581 92.2 14,447 14,989
19-Apr 15,481 15,581 91.7 14,368 14,950
20-Apr 15,482 15,582 91.95 14,408 14,970

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