SunSirs: On September 13th, the Price of Imported Cotton Increased Slightly
September 14 2024 14:06:44     SunSirs (John)On September 13th, the price of main ports in China increased slightly. The International Cotton Price Index (SM) was 80.24 US cents/pound, up 0.79 US cents/pound, equivalent to a general trade port delivery price of 14,087 RMB/ton (calculated based on a 1% tariff and the exchange rate calculated based on the Bank of China's central parity rate, the same below).
The International Cotton Price Index (M) was 78.77 US cents/pound, up 0.78 US cents/pound, equivalent to a general trade port delivery price of 13,832 RMB/ton.
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