On May 8th, the main port quotes in China fell slightly. The International Cotton Price Index (SM) is 77.52 cents/pound, down 0.44 cents/pound, equivalent to a general trade port delivery price of 13771RMB/ton (calculated based on a 1% tariff and the exchange rate calculated based on the Bank of China's central parity rate, the same below); The International Cotton Price Index (M) is 75.79 cents/pound, down 0.45 cents/pound, equivalent to a general trade port delivery price of 13468 RMB/ton.
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