The third band reserve-out start at 20th November

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Established in 1988, the Sub-Council of Textile Industry, China Council for the Promotion of International Trade (CCPIT TEX) is named at the same time “Textile Industry Chamber of Commerce, China Chamber of International Commerce ” and “Textile International Trade Promotion Center”, which belongs to China National Textile & Apparel Council (CNTAC). CCPIT TEX is under the leadership of China Council for the Promotion of International Trade (CCPIT) and China National Textile & Apparel Council (CNTAC). After its establishment , CCPIT TEX is devoted to the promotion of trade contact and economic cooperation in textile and garment industry and enterprises, CCPIT TEX is doing all the best for the continuous development of the textile industry.

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The third band reserve-out start at 20th November

Source: China Cotton Association Date: 2009-11-20

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　　To satisfy textile cotton need and stabilize cotton market, related departments decide to continue selling 500,000 tons national reserve, 361,000 tons 2006-2007 crops among them, 139,000 tons 2008 season. Since November 20 2009, the auction will start through CNCE market. The base price of 2006-2007 crops will be 12900 yuan / ton(standard grade, same below), the 2008 season at 13000 yuan / ton.

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The third band reserve-out start at 20th November

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