Fuente: Ali Baba
CCF price4/28 CCF RMB price for type 329: 16490 yuan/mt, 15.00yuan/mt4/28 CCF USD price for type 329:109.59 cent/lb4/27 Cotlook A: 92.15 cent/lb, 0.15 cent/lbChina cottonAs cotton price gradually strengthened, some mills intensively purchased and lower price was raised slightly. In Shandong, purchasing price for grade 2 and 3 was raised by 200yuan/mt to 16500yuan/mt and 16300yuan/mt, respectively. Meanwhile, offer for grade 4 was placed at 15600yuan/mt. In Hubei and Jiangsu, current price for grade 3 was revised up to 16500yuan/mt.Meanwhile, cotton offer was mixed. Offer for Xinjiang cotton has reached 1670016800yuan/mt(exwarehouse). In Sichuan, higher offer was placed at 17200yuan/mt.Import cottonCIF offer for foreign cotton medially moved down today. Offer for U.S. cotton, Australia cotton, Brazil cotton and Mexico cotton was down by 0.250.75cent/lb while offer for central Asia cotton and West Africa cotton maintained stable on the whole, of which was slightly down.Sales of customs clearance foreign cotton slightly moved down. However, its offer still presented firm and offer for S6 11/8 Indian cotton reached 16500yuan/mt (net weight, exwarehouse).

Fuente: Ali Baba – Hong Kong – Hong Kong – China