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China likely to become big cotton importer again in a big way

Related Keywords: after it unloads a huge state surplus, China well on its way to become big cotton importer, China worlds largest cotton consumer, decline in cotton acreage contraction in China, fashion trend, favoring products made of manmade fiber, Joe Nicosia, Louis Dreyfus Commodities in Memphis, senior head of cotton and merchandizing, USDA

China is well on its way to becoming a big cotton importer after it unloads a huge state surplus of an estimated 52 million bales, believes Joe Nicosia, the senior head of cotton and merchandizing for Louis Dreyfus Commodities in Memphis as there is a dramatic decline in the cotton acreage contraction in China which has been one of the most remarkable developments seen in recent years.

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