CNCGC China National Cotton Group Corporation
China National
Cotton Group Corporation (CNCGC), China’s state-owned cotton enterprise, was
founded in 1993 to develop China’s cotton policy and manage its reserves. The
corporation strategically expanded its operations since the 2000s to become an
active stakeholder in every leg of the cotton supply chain in China including cotton
logistics and trading. Also adopting an internationalization policy, CNCGC opened Hong Kong and Australia offices, and exports growths including US, Australian,
Brazilian, WAF and Greek. The company’s total sales volume exceeded one million
300 thousand MT in 2017. CNCGC entered the Turkish market in 2018, trading
various growths.