According to Terry Townsend, executive director at the International Cotton Advisory Committee (ICAC), China will import more cotton this year as the domestic production of the crop will most likely not be enough for its local consumption.

During the current Chinese cotton year, calculated from August to July, cotton production in China is estimated to be around 7 million tons compared to its domestic requirement of 10 million tons.

Speaking on the sidelines of World Cotton Research Conference in Mumbai, Mr Townsend said China is likely to import about 3.3 million tons of cotton this year compared to its import of 2.7 million tons last year, a rise of 22.2% year-on-year.

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