China’s Cotton imports down 55.02% in June

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China imported 72,750 tonnes of Cotton in June, down 55.02% from a year ago, as mills cut back overseas buying because of a plunge in domestic prices and the reduced availability of quotas for low-tariff imports made the purchases unattractive.

Imports in the first six months of 2016 were 431,254 tonnes, less than half of imports during the same period last year, customs data showed.

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