From March 6th to March 10th, the standard grade sales price of reserve cotton was 15,358 yuan/ton
China Cotton Network Special News:2016/2017The annual cotton reserve will be released in3month6 will be launched on June 6, 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 》(2016Year9) issued a sales floor price calculation formula for reserve cotton,3month6-10The standard-grade sales price of daily reserve cotton is15358yuan b style=”line-height: 1.8em;”>/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. It is calculated and determined based on the cotton notarized inspection results and the relevant quality price difference table published by the China Cotton Association.
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