Africa Trade Magazine

High domestic cotton prices and low polyester prices in China, the world’s largest consumer of cotton, have made its cotton spinning sector less competitive. The Cotlook A Index and the price of polyester in China were essentially equal during most of the 2000s, with cotton sometimes the cheaper of the two.

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The market for fibers like recycled polyester, organic cotton and Lyocell has seen a faster rate of growth than conventional textiles as consumers become more responsible buyers. New production facilities to manufacture these fibers are going up and more preferred fibers and materials are storming the scene.

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