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Cotton Market Share in Fabric Reaches 55.9 Percent in October
Source: globecotnews Date: 2007-11-22
In October, China's cotton fabric production increased 23.8 percent from the previous year to 2.524 billion square meters. Total fabric production reached 4.518 billion square meters, a year-on-year gain of 21 percent. This gave cotton a 55.86 percent market share, which was only the fourth time cotton's market share of total fabric production has neared the 56 percent level. Cotton's market share has steadily improved in recent months.