MUMBAI (Commoditiescontrol) - India’s cotton exports to China, the world’s top consumer of the soft commodity, recorded a decline of 59.03 percent to 32,080 tons in December 2015 from the corresponding period last year, as per China's latest customs data.
The data showed a drop of 70.55 percent to 2,42,416 tons in cotton exports by India to China during the first 12 months of the current season (January-December).
Interestingly, Australia was the leading exporter of cotton to China in the month with 49,457 tons cotton sold, up 206.99 percent from a year ago period.
Second major country to have sold more cotton to Chinese markets in December compared to other nations was Uzbekistan, as it exported 46,743 tons cotton to the later. However, the export figure is down 2.14 percent from the same month last year.
(By Commoditiescontrol Bureau; +91-22-40015522)
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