On October 27, the international cotton price index (SM) was 99.35 cents/pound, down 0.90 cents/pound, which was converted to 16967 RMB/ton of the general trade port delivery price (calculated at 1% tariff, and the exchange rate was calculated at the middle rate of the Bank of China, the same below); The international cotton price index (M) was 98.20 cents/pound, down 0.98 cents/pound, or 16773 RMB/ton at the general trade port delivery price.
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