China Curbing Cotton Imports as Top User Buying More Yarn

  • Chinese imports seen slumping 33% to 1.2 million tons: ICAC
  • Asian nation moving away from less profitable cotton spinning

China, the world’s largest cotton user, will import less fiber this year and that will be bearish for global prices, according to the International Cotton Advisory Committee.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.