China Cotton Association: Issue Additional Quota &Nbsp; Meet Textile Needs.

According to the China Cotton Association, the state has recently issued part of the quasi tax import quota for cotton enterprises to meet the needs of the textile industry.

Entering the 2010, the international economic situation has improved, and China's economic rebound has been obvious. The export situation of textile industry is promising, the demand for cotton has increased, the price of domestic and foreign cotton has been narrowed, and the cotton market has been stable and uplink. At present, textile demand is the main factor affecting the cotton market. At present, the high price cotton yarn can support the high cotton price, but the supporting power of the latter products such as grey cloth and clothing is decreasing, and the export situation is also affected by the uncertain factors.

The China Cotton Association reminds enterprises in the industry to make a comprehensive analysis of the situation and pay attention to the development of the textile industry. At the same time, it suggests that the relevant parties should promptly study whether the quota should be increased according to market changes.