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Slow sales of bonded cotton
At present, about 200000 tons of bonded cotton are not cleared in China, of which 60-70% are American cotton. Other main stocks are Australian cotton, West African cotton and Brazilian cotton. The price of American cotton is about 14500-14800 yuan / ton, that of Australian cotton is about 16300-16500 yuan / ton, and that of Indian cotton is about 13500-13700 yuan / ton.