Sunday, July 15, 2007

China's Cotton Imports Rise 24 Percent in June, Customs Bureau Reports

(Bloomberg) -- China, the world's biggest cotton
consumer, increased purchases of the fiber 24 percent in June
from May as lower domestic supply boosted demand for imports.

Purchases from overseas were 250,000 metric tons last month,
the Beijing-based customs office said in a statement today,
citing preliminary data. This compares with 201,139 tons in May,
and 380,633 tons in June 2006, according to Bloomberg data.


Read more at Bloomberg Commodities News

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