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Industry News | Time:Nov 15 2017 9:54AM
2018 cotton import tariff quota released
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According to National Development and Reform Commission, 894kt of WTO-related tariff quotas on cotton will be allocated in 2018, and about 33% of quotas are given to state-owned enterprises.

Market participants need to submit application in Oct 15-30 and meet one of the following eligibility criteria:
1. State-owned enterprises.
2. The enterprises have import performance (excluding import agent) in 2017.
3. Cotton textile enterprises with spinning capacity above 50,000 spindles.

The quota will be allocated according to the real production and operation capacity (including previous production and process, import performance and operation), and other relevant business standards.
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