Quantity And Quality Of Imported Cotton Decreased And Quality Inspection Bureau Lowered Cotton Exporters Credit Rating.
According to reports, the Jiangsu inspection and Quarantine Bureau announced that in the first half of the year, Jiangsu Port import cotton Quantity and quality have declined, especially cotton short weight problem. Because of the serious quality problem, Jiangsu entry exit inspection and Quarantine Bureau has one of them. Australia Cotton suppliers have been downgraded.
In the first half of this year, Jiangsu imported 234 thousand and 200 tons of cotton and valued at about 443 million US dollars, down 50.5% and 54.6% respectively compared with the same period last year. According to statistics, not only the quantity of imported cotton has declined, but also the quality of imported cotton has decreased slightly. In the first half of the year, the overall average rate of non conformity of imported cotton grades in Jiangsu was 9.5%. More noteworthy is that the shortage of cotton imports is particularly prominent. Dong Shaowei, chief of the cotton chemical fiber section of the industrial and commercial center of Jiangsu inspection and Quarantine Bureau, said that about 90% of the imported cotton had short weight and short weight of 6.9%.
Dong Shaowei: the phenomenon of short weight is very prominent every year. We require less than 3%, but if he is above 3%, we will regard it as an indicator of observation. If the weight is short, the enterprise will claim the claim with the certificate issued by our inspection and Quarantine Bureau.
Imported The short weight of cotton has brought great losses to domestic enterprises. In order to strengthen supervision, the AQSIQ has issued special regulations, one of which is, "if the number of cotton bags with a grade reduction rate of 2 and above exceeds 20% of the total package, the domestic regulatory authorities can take the initiative to reduce the credit rating of foreign enterprises". In May this year, the Jiangsu inspection and Quarantine Bureau took the initiative to use this ruling power to reduce a cotton in Australia. Exit Business credit rating.
Dong Shaowei said that by the end of last year, we had reduced its credit rating to B level, and this year we downgraded it. We stipulate that at least no more than 20%, and the rate of grade reduction will reach 81%. This is a serious quality failure. The General Administration then sent a circular, saying that this is a typical case. It is the first time in nearly two years. The downgrade management of suppliers will have a greater impact on the credibility and supervision strength of enterprises.
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