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Related Keywords: 000 tonnes, 5.97m bales, August-to-July basis, Beijing bureau, Chinese cotton imports this season, domestic spinning industry, need for high-quality fibre, pegged at 1.30m tonnes, rise of more than 200, US Department of Agriculture, Year on year

The US Department of Agriculture’s Beijing bureau pegged at 1.30m tonnes (5.97m bales) China’s cotton imports in 2017-18, on an August-to-July basis. A rise of more than 200,000 tonnes year on year – far bigger than the 58,000-tonne increase, to 1.15m tonnes (5.30m bales), that the USDA has officially penciled in.

The bureau’s estimate comes amid persistent market talk that China may be poised for accelerating buy-ins, with some rumours of a potential increase to the import quota of 894,000 tonne allowed in with a 1% tariff, under an agreement with the World Trade Organization.

Related Keywords: Cotton Day, cotton farms in Vietnam shrunk, Cotton USA Fashion Design Contest, domestic textile sector, enjoyed growth of 9.9 percent, first eight months of 2017, predicted to touch USD30.5 billion in 2017, President of Vietnam Textile Association, US remains leading market of Vietnam, Vietnam garment and textile, Vu Duc Giang, Year on year

Vietnam’s garment and textile in the first eight months of 2017, enjoyed growth of 9.9 percent year on year to USD 19.8 billion in exports based on the current performance it is predicted to touch USD 30.5 billion in 2017, said Vu Duc Giang, President of the Vietnam Textile Association (VITAS) at the Cotton Day held in Ho Chi Minh City yesterday.

Related Keywords: Bangladeshi jute exports to India fell, Beanpole customs, both January and February this year, jute goods exports slumped fifty two percent in January, natural fibre based products from Bangladesh, New Delhi imposed antidumping duties, number of jute millers have cut production, thirty seven percent in February, Year on year

Bangladeshi jute exports to India fell in both January and February this year. Year on year, jute goods exports slumped 52 percent to 6,872 tonnes in January and 37 percent to 6,155 tonnes in February, according to data from Beanpole customs, after New Delhi imposed antidumping duties on the natural fibre-based products from Bangladesh.

India slapped the antidumping duty – ranging between $19 and $352 a tonne -- on January 5, following which, shipments from Benapole land port, which handles over 90 percent exports of jute goods.