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Fine cotton on sale to world
9 Apr 2009
Early indications from Australia''s cotton harvest are that the crop will be generally high quality with fibre length, strength and fineness all good. More than half of the expected 1.4 million bale harvest is pre-sold to buyers in China however buyers for the remainder of the crop still need to be found. Industry officials say that the quality of the crop will add to its saleability. Bob Bell, chief executive of Namoi Cotton Ltd, said new cotton varieties had produced high quality fibre for high-end fashion. "The quality coming through is fine, which reflects substantial advances in varieties," Mr Bell said. He said demand around the world was slow but was improving.
Business Spectator, 09/04/2009
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