Home / Knowledge / News / Textiles / China holds adequate stocks of cotton in 2012
China holds adequate stocks of cotton in 2012
Mar '12
Up to now, China has issued about 2 million tons of cotton import quotas which include 894,000 tons under 1 percent tariff rate and 1.1 million tons under sliding tariff.

In addition, around 500,000 tons of quotas remaining from the previous year arrived in China in January to February this year.
According to US Department of Agriculture in February, China's balance of cotton inventory was approximately 2.735 million tons in the 2010-2011 cotton year.

Rough estimates place China's cotton supply at about 9.535 million tons in 2011-2012. Coupled with 4 million tons of the State Reserves, China holds 13.535 million tons of available supply in 2011/2012.

In recent years, cotton consumption of the Chinese textile industry has generally averaged about 10 million tons.

Taking into account the impact of 2012 European debt crisis on downstream orders, China's cotton consumption will be about 9 million tons, if cotton consumption is reduced by 10 percent in 2012.

The data released by Chinese Customs showed that China's textile and garment exports in February fell 7.01 percent year on year and 54.87 percent from the previous month.

China's total textile and apparel exports realized US $31.23 billion, down 2.59 percent year on year in the first two months of 2012.

Textile enterprises are short of capital and export prospects of finished products are bleak, which has restricted procurement requirement from enterprises.

In the case of weak recovery of global economy, low consumption of cotton products and enhanced alternative of non-cotton fiber, the oversupply situation of cotton resources is difficult to change next year.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 27th Oct 2016

Teijin Frontier develops Solotex RC lightweight fibre

Teijin Frontier Co. Ltd, fibre products converting company and part...

Tosha Hays addressing the conference. Courtesy: College of Family and Consumer Sciences, UGA

Textiles | On 27th Oct 2016

Industry experts discuss future of fabrics at UGA

Industry experts, researchers and military officials discussed the...

Courtesy: Global Denim Awards

Fashion | On 27th Oct 2016

Anbasja Blanken & Italian mill ITV Denim win GDA

Dutch designer Anbasja Blanken and Italian mill ITV Denim was the...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search