China may face cotton short supply
[2008-12-23 17:05:06]
The latest statistics of the China Cotton Association shows China's total acreage sown to cotton dropped to 5.12 million hectares this year, 570,000 hectares less than last year, and the total cotton production is predicted at 5.76 million tons, 560,000tons less. According to industry specialists, the continued growth of China's textile industry over the past few years has fuelled the strong demand for cotton, but the reduction in cotton fields will expand the shortage in domestic cotton supply. |
(2005-8-5)
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