On June 13, the actual turnover of reserve cotton was 25,800 tons. The transaction rate was 97.49%.
On June 13th, China National Reserve Cotton Management Corporation plans to issue 26,500 tons of reserve cotton for sale, all domestically produced cotton, with an actual turnover of 25,800 tons, an average transaction price of 1,2009 yuan/ton, and a transaction rate of 97.49%. The highest transaction price was 13,030 yuan/ton on that day, totaling 85.05 tons. The stock was held in Jiaxiang County Huaqiang Cotton Management Co., Ltd. (North Bank); the lowest transaction price was 10930 yuan/ton, a total of 54.51 tons, and the stock was stored in Hubei Hengfengyuan Cotton Industry. Co., Ltd. and Ganzhou Hengtong Cotton Storage Co., Ltd. have a total of 683 transactions. As of June 13, 2015/2016, the accumulated cotton stocks planned for 2015/2016 totaled 790,300 tons, and the accumulated turnover was 770,700 tons, of which the accumulated turnover of domestic cotton was 476,600 tons, and the cumulative turnover of imported cotton was 296,100 tons. The average length of accumulated transactions was 28.3mm, the average transaction price was 12,182 yuan/ton.
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