Chinese cotton reserve a mixed bag for lint prices
Story Date: 3/6/2012

Source: Dan Crummett, CAROLINA-VIRGINIA FARMER, 3/2/12

Over the past year or so the Chinese government has been building its internal cotton reserves to the tune of about 8 million bales currently in storage.  The buying helps keep Chinese cotton producers on the land, and ultimately gives the nation a marketing hammer to use on world prices.

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