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Trade: Cotton imports soar
(Xinhua)
Updated: 2006-04-05 14:28 China's raw cotton imports
will continue to surge in 2006 with total imports estimated at 3.6 million to 4
million tons, the China Cotton Association forecasts.
At the 2006 Forum
of International Cotton Trade held in North China's Tianjin City on Monday,
Peter Wakefield, president of International Cotton Association (ICA), conferred
his organization's membership certificate to the Tianjin Cotton Exchange.
Wakefield said that the accession of China's largest cotton exchange into
the ICA signals China's cotton trade is now bound by international conventions.
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