Wed, 09 Oct 2013 07:50:10 GMT
Cotton purchases ease as government raises quality requirements
Reserve purchases of cotton in the world's largest consumer, China, have slowed down after the quality requirements were raised by the government, a report released by the textile research Sinotex.cn showed on Wednesday. Cotton for settlement in January was traded at 19,930 Yuan a metric ton as of 11:29 a.m. on Zhengzhou Commodity Exchange.