China’s actions affecting cotton’s outlook

China’s actions affecting cotton’s outlook

China’s announcement of their intention to cease building reserves and offer support through a target price mechanism will shape cotton’s outlook for 2014.

In the Annual Meeting's joint meeting of program committees, NCC Vice President of Economics and Policy Analysis Dr. Gary Adams said that China’s announcement of their intention to cease building reserves and offer support through a target price mechanism will shape cotton’s outlook for ’14.

“For the past three years, China has been importing the world’s surplus while its own production has entered the reserves,” Adams said. “For the 2014

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish