According to Statistic Center of CNTAC, China's cotton import in first half year reached 1.24 million tons valued at US$2.05 billion, with a respective increase of 5.6% and 28.5% year-on-year, while the average import price grew drastically by 22.2%, which had been on a rising trend since last year.

In the same period China imported 420,000 tons of cotton, up 35.3% year-on-year and covering 33.9% of total import volume, while ordinary trade import declined by 2.1% to 351,000 tons, taking up for 28.3%; 273,000 tons were imported by processing trade, accounting for 22% of the total and reflecting a 7.9% year-on-year decrease.

India and America are major suppliers of cotton to China as the two countries taken together accounted for 76.2% of China's total cotton imports in first half year. During the period, 540,000 tons of cotton were sold from India to China, 49.6 % above the year-ago level at an average import price of US$1589 per ton; 407,000 tons were from America at an average import price of US$1713 per ton, with a 11.6% year-on-year decrease in quantity term.