By admin       2019-03-22

Higher on Improving Business: The cotton market is higher overnight as weekly sales and export data confirmed China was in for a slug of old crop cotton. Last week, China was the top buyer, and repeated that act this week as well, but this time with more bales.Despite the back-and-forth of government negotiators trying to hammer out a complete trade deal, life, as the old saying says, goes on. Hence, China’s textile industry needs a reliable flow of quality cotton. To that end, we like the fact China was top buyer of Pima cotton also. To us, that says high-grading fiber is needed as well.

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