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Trade at National Cotton Exchange jumps
11
Nov '10
Transactions through electronic matching trade market on China National Cotton Exchange (CNCE) reached 88540 tons, yesterday, an increase of 58260 tons compared with the previous day.

Most match contracts opened higher and intraday trade experienced a downward process, but finally rebounded at closing time.

Nearby month contract MA1011 closed at 33,980 Yuan / ton, up 1,360 Yuan / ton and the main contract MA1103 closed at 33,465 Yuan / ton, up 1,084 Yuan.

Contract MA1103 fell to the lowest intraday level at 32,000 Yuan and contract MA1011 hit the highest intraday level at 34,135 Yuan.

Fibre2fashion News Desk - China

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