Related Keywords: China, cotton growing area, Cotton market, cotton prices, Cotton Yield, increasing cotton export, Lian Weiliang, low profitability, National Bureau of statistics, National Development and Reform Commission, nationwide modern logistics system, new purchase, sale mechanism, supply gap, temporary purchasing policy
With the growing area of cotton in China this year depleting by 2.9 percent in 2014 has resulted fall in cotton yield. The cotton yield has dropped by 2.2 percent year on year to 6.16 million tonnes, as per National Bureau of Statistics (NBS).
Nationwide, cotton land has declined 2.9 percent in 2014 from the previous year to 63.29 million mu, about 4.2 million hectares.
