Interviews
No end in sight to global cotton glut
06 Aug '15
3 min read
The world cotton trade is expected to remain stable at 7.7 million tonne in 2015-16. In 2015, the Chinese government limited import quota to the volume required under WTO rules of 894,000 tonne, partly to spur demand for domestic cotton and Reserve sales.
Given the large volume of stocks within China, it will likely maintain the restricted import volumes through 2016, and China's imports could fall 10 per cent to 1.6 million tonne in 2015-16. Imports of other countries are forecast to increase by 4 per cent to 6.1 million tone, the release said. (SH)
Fibre2Fashion News Desk – India
Popular News
Leave your Comments
Editor’s Pick
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
