Malaysia: Cotton and Products Annual

  |   Attaché Report (GAIN)

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Office of Agricultural Affairs, Kuala Lumpur   |   (011-60-3) 2168-5082

Introduction of a 6 percent Goods and Services Tax (GST) on April 1, 2015 increased costs and discouraged transshipment of cotton from Malaysia to nearby regional markets. Thus, 2014/15 trade figures show Malaysia export of cotton down by 61.7 percent. Domestic consumption of cotton for the domestic spinning industry hovers between 40,000 and 45,000 tons. A new spinning company from China established in late 2015 is expected to increase domestic consumption to 50,000 tons. As a result, cotton use is expected to increase through 2015/16.

Malaysia: Cotton and Products Annual

 

East Asia and the Pacific, Malaysia
Cotton

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