India Will Fulfill 1 Million Cotton Export Contracts Requested By Pakistan
Today, Pakistan textile factory asks India to fulfill its supply of 1 million bales of cotton to its neighbouring country and abide by the contracted contract, because Pakistan is facing a crisis of cotton supply.
Pakistan
Textile mill
The Association (APTMA) also suggested that the India government should cancel the restriction on the export of 5 million 500 thousand packets (170 kg) in the cotton year (October -9).
Shahzad Ali Khan, vice president of the Pakistan Textile Mills Association (APTMA), said: "we hope India will fulfil its commitments.
Pakistan's spinning industry has signed 1 million bales of cotton with India.
However, the India government suddenly announced new restrictions on export policy, so India only performed 10% of the contract. "
India allowed export time from November 1st to December 15th, but in the meantime, India exported only 3 million bales of cotton.
Khan said Pakistan is the fourth largest in the world.
cotton
Planting countries, but due to floods, this year lost about 2 million 500 thousand bales of cotton, domestic consumption of about 15 million packages, a gap of about 4 million packs.
He said India should export excess cotton.
India is the second largest cotton producing country in the world. It consumes about 2600-2700 packages per year, and the annual output is about 35 million bales.
Khan said that India has surplus cotton, and exports are not difficult, and India should abolish the policy of restricting exports.
To ensure adequate cotton supply for domestic textile manufacturers, the India government set the export line for this year to 5 million 500 thousand packs, but cotton
Exporter
At the time of export confirmation, only about half of the exports were exported on -12 15 November 1st.
The government of India said that cotton prices in India rose by 89% in recent months, although the expected 2010-11 year harvest will reach 32 million 500 thousand packages, compared with about 26 million 600 thousand packages.
- Related reading
South Korea'S Total Trade Volume Of China'S Exports Of Synthetic Fiber Raw Materials Accounted For 83%
|- Attract investment | Hubei Textile Industry'S 12Th Five-Year Plan: More Than 30 Garment Parks Will Be Built In Five Years.
- business etiquette | Handshake Etiquette Common Sense
- Other | Huaibei South Garden Village: Small Cloth Shoes Break Out Of The Big Market.
- News Republic | Yinchuan Held The Ninth Cross Strait Symposium On Textile Cooperation
- Industrial Cluster | Sheng Hong Dye And Put On The Engine.
- Daily headlines | Market Determines The Basic Direction Of Garment Industry Pformation And Pformation
- Internet Marketing | Promotion Strategy Of Network Marketing
- Attract investment | Holland Has Unique Local Scenery -- Wooden Shoes.
- Industrial and commercial tax | 企业如何巧用新税法
- Order-placing meeting | 2010 Lingwu International Cashmere Dress Design Competition Finals
- Vans&Nbsp; California&Nbsp; New Spring 2011 Era&Nbsp; Canvas
- Skateboard Brand Vance Fashion List
- Li Xunlei: Three Thoughts On The Capital Market In 2011
- Online Shopping Clothing Battle: Amazon Ebay Google Launched The Same Attack
- PPR Plans To Buy Old British Burberry
- 21 Rules For Men To Dress In The Workplace
- China'S Online Shopping Market Has Become An International Brand
- Is It Embarrassing For Textile And Clothing To Go To The Countryside?
- Price Volatility &Nbsp; Textile Industry Is In Trouble.
- Gao Yuanyuan'S Fashion Cover, &Nbsp, Shows The Charm Of Oriental Culture.