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Natural Resources and Commodities

Cotton traders release reserves
By STAFF EDITOR
Published: July 13, 2007 04:22 PM
China’s cotton traders will release 300,000 tons of reserve cotton into trading markets across the nation to offset the impact of increasing cotton futures prices, the Shanghai Securities News reported, citing a statement released by cottonchina.org, a cotton information portal run by Beijing Cotton Outlook Consulting. It is the first batch of reserve cotton sold this year, but industrial experts predict that several more ...
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