摘要
According to China Cotton Association (CCA), in the year of 2013, influence of global financial crisis was still perceivable in China. Cotton demand shrank due to raw material structure adjustments undertaken by Chinese textiles to confront the current difficulty. Cotton price however, maintained at relatively profitable level for growers, supporting by national cotton reserve policy, which acted as a double-edged sword and reduced market activity.
According to China Cotton Association(CCA),during the month of November in 2013,seed cotton picking was generally completed nationwide.CCA adjusted national cotton output of 2013 to 6.77 million ton,less than last estimate.Large contract