From April 10th to 14th, the reserve cotton sales price of standard grade is 15,381 yuan/ton, which is reduced by 60 yuan/ton
Exclusive news from China Cotton Network: According to the “Announcement on Arrangements for the Rotation of National Reserve Cotton” issued by the National Development and Reform Commission and the Ministry of Finance
》 (No. 9, 2016) Calculation formula for the sales floor price of reserve cotton. In the sixth week of reserve cotton rotation in 2016/2017 (April 10-14), the standard sales floor price of reserve cotton is 15,381 yuan/ton. , reduced by 60 yuan/ton from the fifth week (15441 yuan/ton); the sales floor price of the actual batch of reserve cotton on the market every day is based on the standard sales floor price, according to the cotton notarized inspection results and the relevant quality announced by the China Cotton Association The price difference table is calculated and determined.
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