China State Reserve sales: all sold

The total volume offered for sale today was 8,036.4 tonnes, of which Xinjiang cotton accounted for 4,220.8, or 52.5 percent.

All lots offered for sale found buyers, at an average price of 11,372 yuan per tonne (equivalent to an adjusted Type 3128 price of 12,769 yuan, down 246 from yesterday). Sales of Xinjiang cotton were concluded at the equivalent to an adjusted Type 3128 price of 12,979 yuan per tonne, down 339, and lots produced in eastern provinces at 12,536 yuan, down 190.

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