National Purchasing and Selling of Cotton by July 31st

By CnAgri2013-08-19 15:34:29 Print On July 31st, 282253.5845 MT reserved cotton was put in with turnover quantity of 96895.3814 MT and turnover rate of 34.33%, down 2.44%% from previous trading day, among which, 32966.4458 MT was domestic cotton in 2011, 37736.1885 was imported cotton in 2011, 24172.6249MT was domestic cotton in 2012 and 2020.1222MT was imported cotton in 2012.
 
Average grade of cotton for turnovers was 3.87, 0.05 lower than previous trading day; average length, 28.06, 0.09 longer than previous trading day; average turnover price, RMB18647/MT, RMB49/MT less; turnover price of Grade 328, RMB19123/MT, RMB40/MT more than previous trading day and RMB99/MT less than CC Index 328 of the same day.
 
By July 31st, accumulative quantity for list registered 15.05518481 million MT with accumulative turnover quantity of 3.715956874million MT and turnover rate of 24.68%, among which, turnover quantity of domestic cotton registered 2.7609 million MT and accumulative turnover of imported cotton registered 95560000 MT. Domestic cotton in 2011 accounted for 45% of total turnover quantities, domestic cotton in 2012, 24%, imported cotton in 2011, 22%. The rest were domestic cotton in 2008, imported cotton in 2005, 2009 and 2012.



From “China Cotton Bi-Weekly Market Report”