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27-04 2020
2019 China state cotton reserves analysis

1. State cotton reserves reviewFrom December 2 2019 to March 31, 2020, Chinese government has procured 371,560 tons of cotton into state warehouses, and trading prices averaged at 13,089yuan/mt. During the period, the reserves were suspended work on March 2, March 3 and March 23, and no cotton reser

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