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Shandong remains largest cotton import province
10
Nov '08
Statistics show that Shandong, Zhejiang and Beijing remained the key importers of cotton in China. However, shipments in September 2008 declined noticeably as compared to the previous month.

Shandong, being the traditional consumer, was the top importer at 49,500 tons of cotton during the month, marking a fall of 22,400 tons or 31 percent from 71,900 tons in August.

Cotton imports of Beijing and Zhejiang stood at 19,800 tons and 15,700 tons, down 28 percent and 19 percent from the previous month, respectively.

In the first 9 months, Shandong procured 714,400 tons of cotton, a year-on-year rise of 3.05 percent, still remaining the largest import Province in the country.

Jiangsu was next with 282,100 tons, recording a plunge of 13.21 percent as compared to same period of 2007.

The main reason for this drop is the sharp decline of cotton yarn production in Jiangsu. From January to September, Province manufactured 1.86 million tons of cotton yarn, down 5.12 percent year-on-year.

Meanwhile, Shandong produced 3.8 million tons of cotton yarn during the period, registering a 14.92 percent growth as against same time of 2007.

From January-September, Shanghai, Beijing and Zhejiang imported 175,700 tons, 152,800 tons and 116,900 tons, respectively.

Fibre2fashion, News Desk - China

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