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China’s addition of 0.8 MMT of cotton import quotas this year is expected to push imports up to 1.5 million metric tons (MMT) in marketing year (MY) 18/19.
For the first time in a decade, direct flights to the United States from Northeastern China will be possible.
China’s cotton planted area and production are both forecast to decrease in MY18/19 as a moderate acreage expansion in Xinjiang is more than offset by a sharp fall in planting area in other regions.
On June 12, 2018, China’s National Development and Reform Commission (NDRC) published an official notice issuing 800,000 tons in additional cotton import quotas subject to a sliding duty.
Post’s forecast for MY18/19 cotton planted area is 3.38 million hectares (MHa), up from the estimated 3.35 MHa in MY17/18.
On April 4, 2018, the People’s Republic of China’s Ministry of Commerce (MOFCOM) and Ministry of Finance (MOF) separately announced a proposal to levy retaliatory tariffs of 25 percent....
ATO Shenyang successfully conducted nine market promotion and development activities on corn, fruit, HRI, lumber, meat and seafood in the fourth quarter of 2017.