Related Keywords: China, cotton demand, cotton growing area, Cotton Yield, deputy head of the National Development and Reform Commission, forecast to plunge
The cotton growing area in China in the 12 months is expected to decline to 63.40 million mu (about 4.23 million hectares), down 9.4 percent from the previous year, and the cotton yield is also forecast to plunge by half a million tonnes to 6.5 million tonnes, according to Lian Weiliang, deputy head of the National Development and Reform Commission.
While, cotton demand in China is expected to exceed its domestic supply by two million tonnes in the year from September 2014 to August 2015, as per official data showed on Thursday.
