China: Government Takes Steps to Rein In Surging Cotton Prices

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英文名称：

China: Government Takes Steps to Rein In Surging Cotton Prices

来源地址：

https://www.fas.usda.gov/data/china-government-takes-steps-rein-surging-cotton-prices

关键词：

Cotton;  Exporting; 

年份：

2021

出版地：

Washington, DC, USA

语种：

English

摘要：

With the China Cotton Index (CC Index 3128B) price surging 58 percent from its August 2020 level to RMB 20,150 (or, approximately U.S. $3,100) per metric ton (MT) on October 8, 2021, the Chinese government (PRC) is taking steps to rein in prices. The rapid increase in the cotton price in just the past few weeks has fueled anxiety across China’s cotton industry supply chain, including spinning mills, ginners, and farmers.