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State cotton reserves sales for Mar 20, 2017

2017-3-22

On Mar 20, CNCRC planned to auction 30,593.966 tons of cotton while the actual trading volume was 24,230.962 tons. Target was 79.20% fulfilled. By Mar 20, 292,070.46 tons of cotton has been sold. 

Proportion of enterprise nature: 
textile enterprises: 57.32%, non-textile enterprises: 42.68% 

Resource segment: 
2011/12 reserved cotton: 702.865 tons traded, highest price at 13,960yuan/mt and lowest price at 13,900yuan/mt; 
2012/13 reserved cotton: 13,892.272 tons traded, highest price at 16,340yuan/mt and lowest price at 13,850yuan/mt; 
2013/14 reserved cotton: 9,635.825 tons traded, highest price at 15,380yuan/mt and lowest price at 13,750yuan/mt. 

Date Planned volumes Traded volumes Highest price Lowest price Average price Calculated 3128 price
3-6 30,169.36 30,169.36 16,380 14,520 15,476 16,640
3-7 30,031.15 30,031.15 16,500 14,400 15,332 16,449
3-8 30,000.02 29,861.40 16,230 14,230 15,126 16,256
3-9 32,090.68 31,151.24 16,320 14,060 14,931 16,082
3-10 32,001.45 29,995.00 16,070 13,800 14,859 16,023
3-13 32,070.00 27,153.33 16,010 13,880 14,905 16,012
3-14 32,071.54 24,407.36 16,110 13,590 14,848 16,030
3-15 31,024.01 22,228.86 15,690 13,770 14,710 15,913
3-16 31,089.35 21,893.23 15,610 13,570 14,726 15,941
3-17 31,080.42 20,948.57 16,160 13,480 14,726 15,918
3-20 30,593.97 24,230.96 16,340 13,750 14,733 15,932
Total 342,221.95 292,070.46        
Source:CCF
 
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