China's cotton import through Guangdong port sees drastic surge

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Established in 1988, the Sub-Council of Textile Industry, China Council for the Promotion of International Trade (CCPIT TEX) is named at the same time “Textile Industry Chamber of Commerce, China Chamber of International Commerce ” and “Textile International Trade Promotion Center”, which belongs to China National Textile & Apparel Council (CNTAC). CCPIT TEX is under the leadership of China Council for the Promotion of International Trade (CCPIT) and China National Textile & Apparel Council (CNTAC). After its establishment , CCPIT TEX is devoted to the promotion of trade contact and economic cooperation in textile and garment industry and enterprises, CCPIT TEX is doing all the best for the continuous development of the textile industry.

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China's cotton import through Guangdong port sees drastic surge

Source: CCPIT TEX Date: 2006-07-26

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Some 95,000 tons of cotton valued at US$120 million were imported through Guangdong port into China between January and May, representing a year-on-year growth of 100% and 130% respectively, according to customs statistics.

The statistics also revealed that the average import price jumped 12.3% to US$1,306.6 per ton.

During the reviewed period, cotton import from the US jumped 32% to 43,000 tons, accounting for 45.7% of the import total. Import from India surged 570% to 20,000 tons, representing a share of 21.1% out of the total. Import from Australia went up 870% to 12,000 tons, representing a share of 12.3%.

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