By admin       2018-07-11

In fact, according to the USD offers of foreign cotton on Jun 8, part of imported cotton prices has been higher than domestic prices. Calculated with the 5% of the lowest sliding-scale duty, except Indian and Pima, the prices left are higher than domestic prices. Therefore, even the textile mills have quotas at hand, there is no suitable sources to be cleared, which may push up domestic cotton prices.

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