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China : Cotton Strong Despite SARS

2003-7-2 9:33:00

The SARS virus may not have had as big an impact on the Chinese economy as first reported.

Chinese cotton consumption seems to have remained bullish with the May yarn production figures of 747,300 tons a five percent decline from April but still 9.6 pc higher than last year.

This was a much better performance than most in the trade had forecast.

In China year to date yarn production through May totaled more than 3.5 million tons, an 18.1pc growth.

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