China reluctant to increase wool import quota for 2015

China is reluctant to increase the import quota of wool and wool tops since 2006 even after it became the world’s largest wool processor and consumer in recent years. The country relies on imports for more than 75% of its wool supply for domestic textile companies.

The Chinese Ministry of Commerce has taken the decision to keep next year’s import quota of wool and wool tops unchanged from 2014. It will allow a maximum of 287,000 tons of wool to be imported in 2015.

Meanwhile, the import quota for wool tops is set at 80,000 tons, according to a statement by the ministry on its website.

Applicants must be businesses that actually import wool or wool tops with import quota licenses in 2014 without any regulation violations from the previous year.

According to the ministry, newly operational companies or newly built companies with a processing capacity above 5,000 tons can also apply for the import quota.

The commerce ministry and its authorized departments will allocate the quota on a “first come, first serve” basis until the quota is filled.

Recent Posts

Lidl launches innovative carbon running shoe

Lidl has introduced a carbon running shoe under its private label Crivit, drawing attention for its relatively low price compared…

3 days ago

Kickers teams up with A-Cold-Wall for limited-edition Kick Hi Boot

Kickers has partnered with fashion label A-Cold-Wall to introduce a limited-edition collaboration on Kick Hi Boot, reflecting a shared identity…

3 days ago

KelTex launches bio-leather made from seaweed

KelTex, a venture founded by Laetus Buberwa and Emeliana Said, has been selected among the Top 20 global finalists for…

3 days ago

lululemon introduces ShowZero sweat-concealing technology

lululemon has unveiled ShowZero, a new sweat-concealing fabric for high-sweat performance activities, while maintaining breathability and moisture control.

4 days ago

ITA Aachen advances thermomechanical textile recycling

The technical centre of the Institute for Technical Textiles has expanded its recycling capabilities with the installation of a pellet…

4 days ago

Unifi launches sustainable Luxel yarn technology

Unifi has introduced Luxel yarn technology to replicate the natural look and feel of linen while delivering enhanced performance and…

4 days ago