Browsing: cotton imports

Cotton imports by China in June have fallen by 26 per cent already. The see-sawing of prices in major countries including India is causing a lot of anxieties. Chinese prices are under pressure from significant left-over commercial stocks as well as sales of state reserve cotton, kicked off recently.

Some of the very latest news reports about China are food for thought for the Cassandras, who have predicted erosion in the textile world of this country. According to the China Chamber of Commerce for Import and Export of Textile and Apparel