1. SHIPPING COTTON TO CHINA; COST AND INFLUENCING FACTORS.
- Author
-
Verma, Aditya
- Subjects
COTTON exports & imports ,COTTON marketing ,MARITIME shipping ,SHIPPING rates ,SHIPPING bounties & subsidies ,MARKET share ,INTEREST (Finance) - Abstract
The article discusses the cost and influencing factor involved in shipping cotton to Shanghai, China. In 2007, China imported 2.47 million tons of cotton, making the country the largest importer of cotton. The U.S. was the largest exporter of cotton to China with a market share of 458 percent followed by India with market share of 26 percent, the African Franc Zone with market share of 12 percent, Uzbekistan with market share of 9 percent and Australia with market share of 4 percent. The factors that influence the shipment of cotton in China include shipping cost, insurance cost, documentation cost, bank charges, interest cost, and controlling charges.
- Published
- 2008