"China Cotton Price Index" Adjustment Helps Boost The Development Of Spinning And Clothing Industry

< p > < < a href= > //www.sjfzxm.com/news/index_c.asp > > cotton price > /a > index as the main price index of China's cotton warning system. It is the earliest comprehensive index representing the spot price level of cotton. It has been released for more than ten years as a barometer reflecting the trend of domestic cotton spot market. It provides important reference for all parties in the market to understand the trend of price operation, guide business decision-making and macro-control of relevant departments.

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< p > the new < a href= "//www.sjfzxm.com/news/" > cotton national standard < /a > GB1103-2012 will be formally implemented in September 1, 2013.

The new standard has changed the grade of cotton to color grade, and has made the national standard of cotton color grade and rolling mill quality inspection, and formed a new standard system based on cotton color grading.

In order to adapt to the new cotton standard, after many investigations and discussions with relevant departments, the China Cotton Association decided to make the following amendments to the "China cotton price index": < /p >

< p > 1, index adjustment < /p >.

< p > to accurately reflect the change trend of domestic a href= "//www.sjfzxm.com" > cotton spot < /a > price, the new cotton price index under the new standard will still release three representative varieties CC Index3128B, CC Index2129B and CC Index2227B, representing the actual "factory price" of the "high, medium and low" grade of domestic cotton spot.

Among them, CC Index3128B is white cotton grade 3, length 28 millimeter, micron value B level represents standard grade (middle grade) cotton; CC Index2129B is white cotton grade 2, length 29 millimeter, micron value B level, represents high grade cotton; CC Index2227B is light pollution cotton 2 level, 27 mm length, micron value B level, representing low grade cotton.

The price of 1129B, 1228B and 4128B will be released and the provincial data will be released when the three representative varieties are released.

Under the new standard, the price of Chinese < a href= "//www.sjfzxm.com" > cotton price index < /a > except for color level, length and micron value level, other indexes are defined as moderate length uniformity, medium fracture strength, medium mill quality and low foreign fiber content.

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< p > two, release time < /p >

< p > at present, new cotton is only sporadically listed, and no new batch of new standard cotton has entered the market, and no actual paction price has yet been formed. According to the principle of "strict and realistic", the cotton price index will be postponed to the actual price when the new standard is set up. During this period, the cotton price index of China under the old standard will be released for a time.

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< p > when the new cotton is listed in large quantities and the lint has the actual paction price, the cotton price index of China under the new standard will be issued, and the old standard price index will be stopped.

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