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Wednesday, January 22, 2014

Subdued demand could mean a build-up of stocks in China

By Chris Wilcox  |  Source: China Wool Textile Association, China Customs, China General Chamber of Commerce

China’s wool textile industry has faced restrained demand in 2013, with mixed news on the exports of wool products and a slowdown in the growth in domestic clothing retail sales. China’s imports of raw wool have increased substantially in the past twelve months, causing some worries that stocks have risen.

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