Business
Life after China: Cotton growers cashing in as price hits decade-high – ABC News
No China, no worries; they might not have access to the lucrative market, but local growers are still cashing in.
As Australian cotton growers were celebrating world cotton day this week, the value of their commodity was skyrocketing.
Key points:
- Cotton prices have surged to highest levels since 2011
- Around 50 per cent of next year’s cotton crop has been forward-sold…
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