China is slowly releasing domestic cotton stocks

According to a source close to Cotton International, China is slowly releasing domestic cotton to the country’s mills in measured doses so the price remains relatively stable, with worries about the U.S. crop still driving up prices. 
Approximately 10,000 metric tons (Mt) to 15,000 Mt are being released every week or two to protect against price fluctuations. This is influencing prices around the world. At the end of November, China should have exhausted most of its stock, and the market should start to move.

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