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China state cotton auction confirmed to extend one month

2016-8-9

To guarantee the cotton supply and meet the textile mills’ cotton demand, 2015/16 China reserved cotton auction will be extended from August 31 to September 30, 2016 and the total selling volumes are not limited to 2.00 million tons, according to the announcement released by the National Development and Reform Commission and Ministry of Finance on August 5, 2016.

Source:CCF

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