On January 3, the international cotton price index (SM) was 100.67 cents/lb, an increase of 0.55 cents/lb, equivalent to 17,218 RMB/ton for general trade port pick-up price (calculated based on 1% tariff, and the exchange rate is calculated according to the middle price of the Bank of China, The same below); the international cotton price index (M) was 98.96 cents/lb, an increase of 0.51 cents/lb, equivalent to the general trade port delivery price of 16,928 RMB/ton.

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