China said on Thursday it will start selling its massive cotton stockpiles this year, in a move likely to depress demand as the country's mills hold off buying in anticipation of sales of discounted fiber.
Source: http://www.chinadaily.com.cn/bizchina/2015-06/12/content_20980486.htm, June 11, 2015
(Research and summarized by Dr. Zhen Zhong)
China said on Thursday it will start selling its massive cotton stockpiles this year, in a move likely to depress demand as the country's mills hold off buying in anticipation of sales of discounted fiber.
Source: http://www.chinadaily.com.cn/bizchina/2015-06/12/content_20980486.htm, June 11, 2015
(Research and summarized by Dr. Zhen Zhong)