Keep in mind they have corporations for each and every commodity that do this, and do this not well. As in overbuy, can't store properly, and forced to dump on markets when they've hoarded too much, with too little cash for reserves:

CN Wire

@Sino_Market

China National Cotton Reserves Corporation: Government departments analyzing measures to prevent hoarding and speculation of auctioned cotton reserves to ensure policy effectiveness.

#China #cotton

CN Wire @Sino_Market

JUST IN:

China to release cotton from national reserves in Oct & Nov, starting Oct 8.

#cotton #China

https://twitter.com/Sino_Market/status/1447189735517028362