Related Keywords: China, Chinese Ministry of Commerce, wool and wool tops, Wool import quota 2015, wool supply domestic textile companies, worlds largest wool processor
China is reluctant to increase the import quota of wool and wool tops since 2006 even after it became the world's largest wool processor and consumer in recent years. The country relies on imports for more than 75% of its wool supply for domestic textile companies.
The Chinese Ministry of Commerce has taken the decision to keep next year's import quota of wool and wool tops unchanged from 2014. It will allow a maximum of 287,000 tons of wool to be imported in 2015.
