August 25 Imported Cotton Quotes: Higher Price Increase

On August 25th, due to the impact of ICE** soaring, the price of imported cotton in China's main port surged, and all varieties rose more than 1 cent. It is worth noting that high cotton prices and quotas are about to expire. As a result, imported cotton is dull, and cotton traders are trying their best to sell before the end of the year. At the same time, there are a small number of mid-to-October installments of cotton in Central Asia, Australia, and West Africa. The overall level is around 110 cents, and the US E/MOT cotton is also approaching the 100-cent mark.

In the SM1-1/8′′ grade cotton, the US C/A cotton quotation is 97.35 (cents/lb, the same below), and the discounted general port trade pickup price is 17,465 yuan/t (calculated on the basis of the sliding tax. with).

The quoted price for US E/MOT cotton is 99.90, which is equivalent to 17918/ton for the general port trading port.

Australian cotton is quoted at 97.60, which is equivalent to the value of 17,510 yuan/ton for general port trading ports.

Uzbekistan cotton quoted at 104.10, discounted general port trade pickup price 18,662 yuan / ton.

The price of West Africa cotton is 95.85, and the general port trade delivery price is 17,199 yuan/ton.

The quoted price for US E/MOTM1-3/32′′ grade cotton is 98.40, which is the discounted price for general trading ports of 17,651 yuan/ton.