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China likely to release cotton from state reserves

28 Dec '12
1 min read

The China National Cotton Reserves Corporation (CNCRC) is likely to release cotton from its state reserves.
 
The state-owned enterprise is likely to release about 3 million tons of cotton, according to well-informed sources.
 
China has so far procured over 5 million tons of cotton for its state reserves under the 2012 cotton procurement plan.
 

Fibre2fashion News Desk - China

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