Business Club: Prices of imported cotton fell on December 29

On December 29, the international cotton price index (SM) was 128.11 cents/pound, down 2.01 cents/pound, which is equivalent to the general trade port delivery price of 20,079 yuan/ton (calculated based on 1% tariff, and the exchange rate is based on the central parity rate of the Bank of China) Calculated, the same below); the international cotton price index (M) is 126.70 cents/pound, down 1.96 cents/pound, which is equivalent to the general trade port delivery price of 19,860 yuan/ton. </p