TOKYO -- A global shortage of cotton is worsening rapidly due to a delayed harvest in the U.S., the largest exporter, as fashion brands with a footprint in China avoid cotton from the western part of the country over alleged human rights abuses there.
Commodities
Cotton shortage deepens as apparel makers in China buy American
Inventories hit rock-bottom levels on delayed U.S. harvest, driving up prices
A cotton field in the U.S. state of Alabama: Poor weather in the U.S. this past spring forced farmers to plant later than usual, in turn pushing back the harvest. © Reuters
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