China will face a shortage COTTON
In 2005-2006 China may face a shortage of cotton, which will be expected to approximately 3.2 million tons.
The deputy chairman of the Chinese Association of cotton Tszyanvey Shi (Shi Jianwei) said that China will face a shortage of cotton, as of the 2004-2005 year, the total area of the territories, planted with cotton, down 10%.
It is expected that cotton production should reach 5.76 million tons, while demand for the country#39;s market to increase to 8.85 million tons, while the production of yarn - by 1 million tons. The cause of the shortage and climate change will be the import of cotton, the conflicts in the area of trade in textile production, changes in foreign exchange rates, interest rates, regulatory and macro policies of the Government of China, Shi added Tszyanvey.
U.S. Department of Agriculture presented a forecast of cotton production in China in 2005-2006, according to which it will amount to 5,552 million tons, and the consumption of the domestic market is estimated at 8,972 million tons. Inf. fibre2fashion.
