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China to issue almost 1m tons of additional cotton import quotas

China to issue almost 1m tons of additional cotton import quotas

Write: Sydney [2011-05-20]

China will issue an almost 1 million tons in additional cotton import quotas, the China Cotton Association said in a statement on its website today.

The government has also approved a plan to sell more cotton from state stockpiles and may offload 600,000 tons, it said.