Zheng Cotton Trend Weakened, Began To Build The Bottom

After June, the focus of the market will be gathered to the expected output of the new cotton year. Data show that cotton plantation has the highest labor cost, so the cotton planting area in this year is reduced by about 10%. In 2012, according to the reduction of average per unit area and area, China's output is expected to be 6 million 550 thousand tons. Although the government announced the new year's storage price of 20400 yuan / ton, it eased the market's worries about the shar