Because of China's focus on value added products export, was for the purpose of reducing clothing production cost, therefore, the end of the first nine months of India cotton on China's export tripled.

According to the textile department prepare data, in January 2012-9 month, India whole cotton exports soared to 222052 tons, compared with the same period last year export quantity for 77688 tons.

This year, however, India on China's export cotton yarn number still ranks after in Pakistan. The end of the first 9 months, Pakistan on China's export cotton yarn and 391556 tons, compared with the same period last year export 202310 tons.

Chinese pay more attention to cotton imports, aims to reduce labor cost.

At the same time, according to Indian cotton advisory committee said, due to the sharp decrease of Chinese demand, 2012-13 years India cotton exports is expected to descend to 7 million bag, by contrast, last year the export of 12.8 million bales. Because of China's demand, this year India cotton on China's export reduced by about 65%.

At the same time, the cotton exports to China is expected to continue to grow, because China cotton prices higher than international market price almost more than 20 cents/pound. In addition, Chinese wages are rising. Therefore, China is now reduce the spinning ability, will focus on value-added products.

China not only imported from India cotton yarn, and at the same time, also from Indonesia and Pakistan imported cotton yarn.

Cotton advisory committee set this fiscal year cotton export target for 920 million kg. Last year India export 827.68 million kilograms of cotton. India's foreign trade administration report, by September this year, India exported 461.52 million kilograms of cotton.

Source "the Chinese textile net"

Author: CaoHaiGong editor: Ashcol