21.01.2009 - Cotton prices fall most in a week as China’s demand declines

From Bloomberg: Cotton prices fell the most in a week as the global recession erodes textile consumption in China, the world’s largest buyer of the fiber. China reduced cotton imports by 14 percent last year to 2.1 million metric tons, the National Development and Reform Commission said today. In 2008, cotton futures dropped 28 percent, ending a three-year rally. .... Full Article: Source

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