Cotton Reserve Auction For Sep 6: Price Moved up
On Sep 6, about 15011 tons of state-reserved cotton was sold through auction. The sales rate was 100%.
By Sep 6, CNCRC has sold 289527 tons of state-reserved cotton against the target of 600,000 tons. The sales rate was at 48.25%.
| Intended volume (ton) | Volume traded (ton) | Sales rate | Average length | Average traded price (yuan/mt, on a type 328 basis) | Price change with the prior day (yuan/mt) | |
| 2008/09 crops for Sep 6 | 15011 | 15011 | 100% | 28.43 | 18922 | 376 |
| Total for Sep 6 | 290527 | 289527 | 99.60% | 28.33 | 18235 | 37 |
By Sep 6, CNCRC has sold 289527 tons of state-reserved cotton against the target of 600,000 tons. The sales rate was at 48.25%.
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