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China releases one more cotton auction lot
30
Sep '10
China released another 400,000 tons of state cotton reserves in the domestic market on September 28.

The auction received 30,016 tons from cotton reserves on the day; all of which was transacted.

The average length of the cotton is 28.82 mm. Weighted average price is 21,514 Yuan / ton, and when converted in to grade 328, price stands at 22,038 Yuan / ton.

Fibre2fashion News Desk - China

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