Cotton processors in northwest China’s Xinjiang Uygur autonomous region are planning to build a cotton trading center in the country’s largest cotton planting area. The center will be located in the Xinjiang Huijin Logistics Garden, Korla city, in southern Xinjiang. It will be jointly supported by 17 cotton purchase and processing enterprises with a total investment of 1.5 billion yuan ($242 million)…Full-text article: China Daily Sep 2013

Key point

  • The project’s first phase will have a storage capacity of 600,000 metric tons of cotton, while the second phase will raise that total to 3.6 million MTs

ChinaAg Comment

  • In 2011, Xinjiang produced 2.9 million MTs of cotton or roughly 44% of China’s total output. Shandong province was second at 785,000 MTs or 12% of total output

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