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China mills seek more cotton from state reserves to ease supply squeeze

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Strong demand for reserve cotton, estimated at more than half of global stocks, follows last year's dismal sales.

Beijing

CHINA'S mills are urging the government to release more cotton from state reserves, as fewer quotas for low-tariff imports and higher demand for local yarn tighten supplies.

Greater dependence on reserves at the world's top importer could dent a rally in global cotton

sentifi.com

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