Cotton sales in China affects global cotton price

    China has 60% cotton inventory in the world, which also has nearly one third consumption in global cotton market. China plans to sell 11 million ton cotton, which will cause the fall in global cotton price.

     Because of 9.5% drop of global cotton, China has to sell total cotton inventory with low price. Also limited lifetime for cotton stocking drives Chinese government selling these cotton without rising quotation, which is not a easy project for the whole cotton market.

    Meanwhile, Chinese government also has limited the cotton imports quota，which makes 41% decline in cotton imports in Jan,2016. It has been a big challenge for global cotton suppliers to maintain or even broaden the market in China.