Related Keywords: ageing stockpile, announced late last year, Beijing seeks to scale down its large, China will offer thirty thousand tonnes of cotton, expect drop in cotton prices, hope of picking up lower-priced fiber, National Development and Reform Commission of China, per day for sale until the end of August, textile mills have worked off cotton inventory
The National Development and Reform Commission of China announced late last year that China will offer 30,000 tonnes of cotton per day for sale until the end of August, as Beijing seeks to scale down its large, ageing stockpile.
China's textile mills have worked off cotton inventory in the hope of picking up lower-priced fiber when the government in the world's top textile market resumes annual sales of state reserves on Monday even after getting caught short last year.
