The National Development and Reform Commission of China has issued an additional quota for importing 400,000 tons of cotton to ease cost pressure of domestic textile companies.
The National Development and Reform Commission of China has issued an additional quota for importing #
According to a report by Reuters, the quota for import of 2.40 million tons of cotton issued this year has been already exhausted. So, imported cotton kept at Qingdao and other ports cannot clear customs.
The National Development and Reform Commission of China has issued an additional quota for importing #
At present, cotton import quotas are being traded at 4000 Yuan/ton in the market, which increases pressure on the Chinese textile industry, which is already passing through a difficult phase.
The National Development and Reform Commission of China has issued an additional quota for importing #
The National Development and Reform Commission of China has issued an additional quota for importing #
The National Development and Reform Commission of China has issued an additional quota for importing #
Fibre2fashion News Desk - China
marketing@alchempro.com
