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China sets floor price at 15,118 yuan per tonne on cotton reserves auctions
BEIJING: China's cotton industry website cncotton.com said on Saturday:
China will set floor price at 15,118 yuan ($2
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China will set floor price at 15,118 yuan ($2,388.88) per tonne on its cotton reserves auctions from March 12-16.
The National Development and Reform Commission (NDRC), the country's state planner, said last November that China would hold a round of cotton auctions from March 12, 2018.