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Industry News | Time:Mar 17 2017 1:46PM
China sets 2017-2019 cotton target prices at 18600yuan/mt
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To deepen the cotton target price system, China sets the target price at 18,600yuan/mt in 2017-2019 in Xinjiang and the quantity of cotton that enjoys the subsidy will be limited to the 85% of the cotton output from 2012 to 2014 nationwide, according to the announcement released by the National Development and Reform Commission and Ministry of Finance on Mar 16, 2017.
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