Image: Pixabay
Last Thursday, March 10, was marked by an important meeting between Brazilian cotton producers and representatives of the Chinese textile industry. On that date, the Cotton Brazil Outlook China took place, an event promoted by Cotton Brazil, an initiative of Abrapa (Brazilian Association of Cotton Producers), in partnership with Anea (National Association of Cotton Exporters) and Apex-Brasil (Brazilian Cotton Promotion Agency). Exports and Investments), with the Brazilian Embassy in Beijing and the CNCE (China National Cotton Exchange) as co-organizers of the event.
This was the most recent virtual event in the series, which has already promoted meetings with markets in India, South Korea, Vietnam, Turkey, Bangladesh, Pakistan and Indonesia, through strengthening relationships between authorities and specialists in the national segment with businesspeople in the sector. local textile. On this occasion, participants receive valuable information about the differences in Brazilian plume, its characteristics, data on the last harvest and short and medium term projections.
After the official opening with Marcelo Duarte, Director of International Relations at Abrapa and manager of Cotton Brazil, the president of Abrapa, Júlio Cézar Busato, welcomed those present. Soon after, the Brazilian ambassador in Beijing, Paulo Estivallet, highlighted the importance of the commercial partnership between the two countries in recent decades. According to him, even with the serious global crisis generated by the Covid-19 pandemic, commercial records were reached in 2020.
“Brazilian cotton exports to China grew by 31% between 2019 and 2020. This is proof that Brazil is capable of producing and selling large volumes with great quality”, explained the ambassador, further stating that “the hard work of producers and authorities has ensured that the Brazilian product is now recognized and recommended worldwide.”
China is the main international market for Brazilian Cotton
According to data from Abrapa, China, the largest global consumer of cotton, was the largest importer of Brazilian fiber, representing 30% of the entire volume shipped in the period from August 2019 to July 2020. The country has had an increasing participation in purchases of Brazilian cotton: in the last 5 years, Brazil has considerably increased the volume of cotton exported to China by more than 5 times. In the 2015/2016 season, there were 100,661 tons; in the 2019/2020 season this number rose to 576,680 tons, which generated US$916.4 million for Brazil.
Yang Baofu, deputy general director of CNCE – China National Cotton Exchange (an organization that has more than 5,000 cotton buyers in its portfolio in China), recognized the growing importance of Brazilian cotton for the Chinese textile industry and the need for a closer increasing among countries. “The integration of the market and the entire cotton industry chain between China and Brazil formed an exemplary win-win cooperation,” he stated. Also according to Mr. Baofu, the Cotton Brazil Outlook event represents “an opportunity to further increase understanding, strengthen cooperation, expand the scale of business in the Brazilian cotton chain with the Chinese market and create a healthy international commercial environment”.
The webinar continued with presentations by Júlio Cézar Busato, President of Abrapa; Edson Mizoguchi, Quality Manager at Abrapa; Carlos Moresco, Brazilian cotton producer; Henrique Snitcovski, President of Anea; and Marcelo Duarte, Director of international relations at Abrapa. The event also saw the participation of representatives from the Chinese industry during a rich question and answer session: Eric Weng, Manager of the International Trading Department of Chinatex Cotton (HK) Limited; Nana Zhao, General Manager of Henan Tongzhou Cotton Trade Co.; and Kris Kong, International Manager at Hebei Xindadong Textile Co. The guests contributed their perceptions on the increase in quality and, consequently, the acceptance of Brazilian cotton by the Chinese textile industry. Furthermore, they suggested actions to increase the participation of feathers in the Chinese market, in order to create a win-win situation for all links in the chain. The Cotton Brazil Outlook – China event is one of several actions of the Cotton Brazil initiative in the main cotton consuming markets in the world.
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About Cotton Brazil
Cotton Brazil is an initiative that was born at the end of 2020 to promote Brazilian cotton on the global market, after 20 years of constant innovation, research and investments in improvements in the sector. Led by Abrapa (Brazilian Association of Cotton Producers), in partnership with Anea (National Association of Cotton Exporters), Apex-Brasil (Brazilian Export and Investment Promotion Agency), Cotton Brazil intends to take Brazil to global leadership in exports cotton through actions such as digital marketing with a website in nine languages and social networks; marketing of relationship; technical and promotional events; Market intelligence; missions with buyers and sellers; research and strategic partnerships. To coordinate these actions more effectively and foster closer relationships with Asian clients, Abrapa has an office in Singapore.
Source: Notícias Agrícolas
