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Home > News > Market Flash > China Sets 2017 Import Quotas for Cotton

China Sets 2017 Import Quotas for Cotton

China TexNet 2017-06-14

According to National Development and Reform Commission, 894kt of WTO-related tariff quotas on cotton will be allocated in 2017, and about 33% of quotas are given to state-owned enterprises.

Market participants will apply for the quotas from October 15-30 and need to meet one of the following eligibility criteria:

1. State-owned enterprises.

2. The enterprises have import performance (excluding import agent) in 2016.

3. Cotton textile enterprises with spinning capacity above 50,000 spindles.

Disclaimer: ECHEMI reserves the right of final explanation and revision for all the information.
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