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China to start selling cotton from its state reserve stock over the next two months

Related Keywords: auction domestic cotton, China, consumer and importer of cotton, Good quality imported fiber, largest grower, little import quota available, massive state stockpiles, National Development and Reform Commission, purchase during the harvest, start selling cotton

China, the world's largest grower, consumer, and importer of cotton to start selling down cotton from its massive State stockpiles over the next two months. The aim is to release and then buy in, sell out more and buy in less, in order to use up State reserve stocks, the National development and Reform Commission said.

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