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National Development and Reform Commission released data yesterday, the cotton spot in the recent steady rise slightly upward trend, but the overall increase was not, the futures market continues to increase. National Development and Reform Commission announced last week the average purchase price of seed cotton in the Mainland 4.08 yuan / kg, up 0.02 yuan / kg last week, or 0.5%. The average sales price of standard lint cotton in the Mainland was 19609 yuan / ton, up by 77 yuan / ton from the previous week, or 0.4%. The average selling price of lint cotton in Xinjiang was 20,204 yuan / ton, unchanged from the previous week. Zhengzhou cotton futures March contract settled at 20,240 yuan / ton, down 455 yuan / ton from the previous week, down 2.2%; the national cotton exchange market electronic matching transaction average price of 20,471 yuan / ton in March, down 260 yuan / Ton, down 1.3%.
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