TITLE

Cotton prices firm up in China

PUB. DATE
August 2005
SOURCE
Indian Textile Journal;Aug2005, Vol. 115 Issue 11, p156
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This article reports on the increase in cotton prices in China in 2005, despite tight supply and lower demand. Prices of imported cotton are even higher. Consumption of cotton was suspended in several processing plants to lower costs. Shortage in cotton could lead to a rebound in prices if demand is depressed and if there is no negotiations between China and the U.S. The average price for 328 grade is above 15 yuan per ton. It is expected that prices would still rise with a fall in production and increase in consumption.
ACCESSION #
19271773

 

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