The impact of economic recession on cotton industry began to weaken
Date of Release:
2016-05-06 00:00
Source:
The impact of economic recession on cotton industry began to weaken
发布时间：
2016-05-06 00:00
来源：
According to the report, the global economic recession has had a negative impact on China's cotton industry, but the industry has regained its vitality with the recovery of global trade.
According to the report, this impact is short-lived, and the prospect of industry recovery is making factories start to re hire employees.
China is the world's largest cotton consumer, with a huge textile and clothing industry.
According to the monthly supply data released by the U.S. Department of Agriculture, China's cotton output in 2009/10 will reach 31.5 million bales (480 pounds/bale), the same as the figure released last month; China's cotton consumption in 2009/10 is expected to reach 46.75 million bales, compared with 46.25 million bales in the November report.
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