Location: Home > textile information
The third band reserve-out start at 20th November
Source: China Cotton Association Date: 2009-11-20
To satisfy textile cotton need and stabilize cotton market, related departments decide to continue selling 500,000 tons national reserve, 361,000 tons 2006-2007 crops among them, 139,000 tons 2008 season. Since November 20 2009, the auction will start through CNCE market. The base price of 2006-2007 crops will be 12900 yuan / ton(standard grade, same below), the 2008 season at 13000 yuan / ton.
