ICA Announces Dates for 2012 China Cotton Trade Training
June 13, 2012 Following the success of last year’s ‘China Cotton Trade Training’ in Zhangjiagang, the International Cotton Association will be holding the next course from July 31-August 2, 2012, in Qingdao, China. The training, co-organized by ICA and Beijing Cotton Outlook Consulting, has been developed for the Chinese cotton community and will focus on areas currently impacting on China’s international cotton trade and the global cotton market.
Speaking after last year’s event, ICA’s China Business Development Officer Dr. Robert Jiang, said, “The response to the first ‘China International Cotton Trade Training Course’ was very encouraging. We originally targeted 100 delegates to attend, but we were overwhelmed by the response. In the end, we had to limit the number to 150, which helped to maintain the integrity of the course and created a good atmosphere within the class.”
Each training module was conducted in Chinese and delivered by a leading industry expert. The first session focused on cotton growing and production, trading data and trends plus textile industry requirements. Session two covered trading with various countries, futures and options and creating contracts. Session three incorporated cotton classing, HVI testing, controlling, banking and insurance. A final session looked at the ICA trading rules and arbitration process. In addition, there was a visit to Zhangjiagang’s CIQ laboratory, its Raw Materials Market, free port zone and cotton warehouses to see the latest development in cotton testing, trading and logistics.
Throughout the three days, the delegates were actively involved in discussions and question-and-answer sessions, which created an interactive atmosphere and an opportunity to exchange ideas as well as gaining knowledge.
The 2011 course was a sell-out so early booking is recommended. For more information, please click here.
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