WAKEFIELD – ICAC has moved to dismiss suggestions that China’s aggressive cotton stockpiling policy poses a threat to identity cotton prices. However, Ecotextile News correspondent, Simon Ferrigno believes that the protectionist measure by China – which now sees it holding almost 60 per cent of world cotton stocks – will inevitably be having an impact on cotton prices from the likes of BCI, organic and CMIA which, he says, are “almost invariably based on conventional prices.” Brett Mathews reports.
