In Xinjiang, cotton-ginning mills are displaying less interest and more prudent attitudes towards buying this year. Photo: Xinhua
In Xinjiang, cotton-ginning mills are displaying less interest and more prudent attitudes towards buying this year. Photo: Xinhua
Xinjiang

As China’s cotton harvest begins, Xinjiang ‘forced labour’ law and global recession fears hobble demand

  • The spot price of cotton from Xinjiang has fallen by more than 20 per cent since Washington effectively banned imports from the region in June
  • Supply side disruptions caused by extreme weather in countries like the US and recession fears are also weighing on the global cotton market

In Xinjiang, cotton-ginning mills are displaying less interest and more prudent attitudes towards buying this year. Photo: Xinhua
In Xinjiang, cotton-ginning mills are displaying less interest and more prudent attitudes towards buying this year. Photo: Xinhua
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