The country plans to sell 1.5 million tons of cotton to meet demands of textile makers and to stabilize prices of the cotton market. China is one of the world´s leading cotton producers. It harvested 7.8 million tons last year. A total of 2.72 million tons of cotton was bought by the State for reserves from late August last year to March this year, according to the China National Cotton Reserve Corporation.

Source: China Textile Leader