Home / Knowledge / News / Textiles / China's cotton reserves will reach peak in 2012-13
China's cotton reserves will reach peak in 2012-13
Oct '12
China’s national cotton reserves are expected to reach their peak and touch a saturation point by the end of the current cotton season 2012-13.
From September 2011 to March 2012, the Government procured 3.22 million tons of cotton for its state reserves. In addition, one million tons of cotton was imported and added to state reserves, which already had 300,000 tons of cotton from previous season. Thus, by March-end, China had 4.52 million tons of cotton in its state reserves.
During the same period, Chinese domestic cotton prices fluctuated between 18,500 yuan/ton to 22,000 yuan/ton.
In addition to state reserves, the Government had issued 3 million tons of quotas for cotton imports by the end of 2011. This included 894,000 tons under import quota of 1 percent tariff, 1.1 million tons under processing trade quotas and the remaining under sliding tax quotas.
Then in May 2012, sliding tax quotas were issued for import of 500,000 to 1 million tons of cotton, followed by issuance of processing trade quotas for 400,000 tons of cotton in August this year.
By the end of the 2012-13 season, China’s cotton reserves will reach their peak, according to experts. They add that the Government would have to release around 2-3 million tons of cotton annually from its state reserves in future.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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

April 2017

April 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search