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China still an important customer for U.S. cotton: Part I

China's more successful than expected sale of reserve stocks could be part of a scenario for improved U.S. cotton exports in 2017.

Looking at the numbers, there’s no doubt China is not the buyer of U.S. cotton it once was.

But that doesn’t mean the People’s Republic is not an important customer, and it could become even more so in the months ahead, depending on what it does with its reserve stocks and plans to expand its spinning capacity.

Dr. Jody Campiche, vice president for economics and policy analysis for the  National Cotton Council discussed some potential developments in China’s situation during a presentation to the Cotton Economic Symposium at the NCC’s Beltwide Cotton Conferences in Dallas.

 

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