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Industry News | Time:Mar 19 2016 8:09AM
China sets 2016 cotton target prices at 18600yuan/mt
 
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In 2016, China will continue to implement target price scheme in Xinjiang and the target price decreases to 18600 yuan per ton for cotton, based on production cost and market supply, the National Development and Reform Commission said on March 19.

The 2015 target price for cotton scored at 19100 yuan per ton.
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