All the old commodity cotton deal at first day

Source:China Cotton Association  Date: 23/August/2006


  Augest 22nd,2006,the last old commodity cotton of 1998 season and the previous is auctioned through China Ntional Cotton Exchange. The quantity is 3,027 tons and the start price is 10,000 yuan per ton. All the cotton is stocked in Gansu and Hubei province. After 4 hours, all the old cotton is sold out, the highest price is 13,560 yuan.
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