The world cotton trade is expected to remain stable at 7.7 million tonne in 2015-16. In 2015, the Chinese government limited import quota to the volume required under WTO rules of 894,000 tonne, partly to spur demand for domestic cotton and Reserve sales.
The glut in the global cotton stocks is expected to continue in 2015-16, says the International Cotton Advisory Committee (ICAC). In 2014-15, world #
Given the large volume of stocks within China, it will likely maintain the restricted import volumes through 2016, and China's imports could fall 10 per cent to 1.6 million tonne in 2015-16. Imports of other countries are forecast to increase by 4 per cent to 6.1 million tone, the release said. (SH)
ALCHEMPro News Desk – India
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