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The Right And Wrong To Prohibit Export Of Cotton In India

2012/3/9 8:24:00 11

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Cotton Ban In India

India's ban on cotton exports seriously disrupts international cotton trade order

In March 5th,

Ministry of Commerce and industry of India

Suddenly issued a cotton export ban, decided to ban cotton exports from India from now on.

This is the second time the India government has introduced the policy of restricting cotton exports after 2010.

This has seriously disrupted the international cotton trade order, which has resulted in the invalidation of a large number of contracts.

The Chinese Cotton Association will send a letter to the Ministry of Commerce and industry of India and the India cotton association to protest against the India government's actions.

In recent years, as cotton production in India has increased year by year, China has become India's largest cotton trading partner.

The exchanges and cooperation between the two cotton associations and enterprises have developed well.

However, since 2010, the government of India has frequently introduced the policy of banning the export of cotton, causing Chinese enterprises to suffer undue huge losses. This will not only destroy the global cotton trade order, but also distort international cotton prices, bring risks and huge losses to textile enterprises and traders, and also damage the interests of cotton farmers and exporters in India.

Act as

International Trade

A member of the big family hopes that the India government will promptly correct this erroneous policy that disrupts the international trade order and abide by the rules of international trade.

The Chinese Cotton Association and the industry have expressed serious concern about this.

India prohibits cotton exports in order to enhance the competitiveness of terminal textiles in the international market.

India

The prohibition of cotton exports is actually to enhance the competitiveness of terminal textiles in the international market.

In recent years, India has become an opponent of China and other textile exporting countries in the international market, especially in terms of low-end textiles. India relies on cheap raw material cost and labor cost advantages, and constantly nibbled China's international market share.

Although the overall technological level and pport conditions of India's domestic textile industry are not as good as that of China, its price advantage is currently a major threat to China's exports of low-end textiles and clothing.

We believe that the future export situation of China's medium and low-grade textiles is still grim.

We believe that the leading enterprises in China's textile industry will have more advantages in R & D, technology and equipment, and will become the main force in the next few years to undertake high quality textile raw materials such as Europe, America, Japan and South Korea.