Home / Knowledge / News / Textiles / China holds adequate stocks of cotton in 2012

China holds adequate stocks of cotton in 2012

Mar '12
Up to now, China has issued about 2 million tons of cotton import quotas which include 894,000 tons under 1 percent tariff rate and 1.1 million tons under sliding tariff.

In addition, around 500,000 tons of quotas remaining from the previous year arrived in China in January to February this year.
According to US Department of Agriculture in February, China's balance of cotton inventory was approximately 2.735 million tons in the 2010-2011 cotton year.

Rough estimates place China's cotton supply at about 9.535 million tons in 2011-2012. Coupled with 4 million tons of the State Reserves, China holds 13.535 million tons of available supply in 2011/2012.

In recent years, cotton consumption of the Chinese textile industry has generally averaged about 10 million tons.

Taking into account the impact of 2012 European debt crisis on downstream orders, China's cotton consumption will be about 9 million tons, if cotton consumption is reduced by 10 percent in 2012.

The data released by Chinese Customs showed that China's textile and garment exports in February fell 7.01 percent year on year and 54.87 percent from the previous month.

China's total textile and apparel exports realized US $31.23 billion, down 2.59 percent year on year in the first two months of 2012.

Textile enterprises are short of capital and export prospects of finished products are bleak, which has restricted procurement requirement from enterprises.

In the case of weak recovery of global economy, low consumption of cotton products and enhanced alternative of non-cotton fiber, the oversupply situation of cotton resources is difficult to change next year.

Fibre2fashion News Desk - China

Must ReadView All

Pic: Ritu Manoj Jethani / Shutterstock.com

Apparel/Garments | On 31st Jul 2021

US firm Steve Madden moves production to Mexico & Brazil from China

As supply chain disruption remains a significant challenge, American...


Apparel/Garments | On 31st Jul 2021

Apparel & footwear firm GBG USA files for bankruptcy protection

GBG USA, an indirect wholly owned subsidiary of Global Brands Group...

Pic: Shutterstock

Apparel/Garments | On 31st Jul 2021

Asian garment industry market concentration, consolidation rise: ILO

Although Asia's garment market rose in size in value terms before the ...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Good tidings expected for textile industry

Textile Industry, Head honchos

Textile Industry
Head honchos

Occam's razor principle and purpose-driven innovations

Textile Industry, Head honchos

Textile Industry
Head honchos

Quality & affordability to affect market acceptability of new fibres

Emmi Berlin,

Emmi Berlin

With the support of the first investors - Finland's Technical Research...

Sanjay Jhunjhunwalla,

Sanjay Jhunjhunwalla

In the financial hub of eastern India, Kolkata, a humble production...

Nina Smith,

Nina Smith

GoodWeave International, a nonprofit working to end child, forced and...

Thomas Ong P S, NanoTextile

Thomas Ong P S

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Seth Casden, Hologenix

Seth Casden

Hologenix is a material sciences company dedicated to developing products...

Dr Anup Rakshit, ITTA

Dr Anup Rakshit

The Indian Technical Textile Association (ITTA) is the only association of ...

Anjali Bhaskar, Samatvam

Anjali Bhaskar

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Anjali Bhaskar, Samatvam

Anjali Bhaskar

Samatvam, a womenswear brand that blends age-old craftsmanship with modern ...

Sailesh Singhania, Sailesh Singhania Label

Sailesh Singhania
Sailesh Singhania Label

The Sailesh Singhania label was created to promote handwoven sarees and...

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


Leave your Comments

July 2021

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

Advanced Search