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China top cotton export destination
03 Mar '06
1 min read
Despite severe drought affecting crop development on the Peninsula, anticipated total Spanish raw cotton exports in MY 2005/06 was at 40,000 tons, down from 90,000 tons in MY 2004/05.
However, Spain's cotton exports dropped considerably in December 2005.
Only about 21623 bales of cotton was exported, recording a 51.4 percent decline from that in December 2004.
Export to China slide down significantly from 23583 bales in December 2004 to 2273 bales in 2005.
However, cotton export in period August-December 2005 still registers a 4.7 percent growth over 2004 period, to reach 129,289 bales.
China remains top export destination with 46397.2 bales in August-December 2005 period, followed by the UK with 20762.8 and France at 15337.8.
Chinese spinners rank Spanish cotton high and prefer it above all else.
However, Spain's cotton exports dropped considerably in December 2005.
Only about 21623 bales of cotton was exported, recording a 51.4 percent decline from that in December 2004.
Export to China slide down significantly from 23583 bales in December 2004 to 2273 bales in 2005.
However, cotton export in period August-December 2005 still registers a 4.7 percent growth over 2004 period, to reach 129,289 bales.
China remains top export destination with 46397.2 bales in August-December 2005 period, followed by the UK with 20762.8 and France at 15337.8.
Chinese spinners rank Spanish cotton high and prefer it above all else.
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