Colosseum a.s. (Colosseum a.s.)
Commodities  |  March 18, 2013 10:08:33

Chinese cotton imports rise more than expected

ColosseumAccording to the March estimate, U.S. Department of Agriculture (USDA), the total consumption in China this year, 36 million bales, which is 1.8 percent more than forecast in February. Was also changed estimate of total imports. The assumption is compared to February of this year increased by 7.1 percent. It is also expected to be increased Chinese import quotas. Besides China is greater than expected demand this year also in Indonesia and Turkey.

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