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Cotton imports from US more than half in Feb
17
Mar '11
According to customs statistics, China's cotton imports registered 184,000 tons in February 2011, down 207,000 tons from January, a decrease of 53 percent and a fall of 16.7 percent, from a year ago.

US cotton accounted for more than 60 percent of all cotton imports in February.

The average import price continued to rise and for the first time exceeded US $3,000 / ton to touch $3,011 / ton, up $179 or 6.3 percent from January.

In the first two months of 2011, China's cotton imports reached 576,000 tons, an increase of 10.22 percent year on year.

In the first six months of the cotton year 2010-11, total cotton imports reached 1.46 million tons, an increase of 36.2 percent year on year.

Fibre2fashion News Desk - China

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