• November 29, 2020
    • Loading stock data...
  • China agrees to buy U.S. hemp fiber; Can anyone supply it?


    While China has agreed to purchase an unspecified amount of hemp fiber from the United States in a recently signed agriculture trade deal, it seems unlikely that U.S. producers are prepared to take advantage of that opportunity.

    Hemp is mentioned specifically in the trade agreement, in which the Chinese government agreed to spend at least $12.5 billion more on total U.S. agricultural commodity imports than it did in 2017.

    ‘True hemp’

    The agreement refers to “true hemp,” defined narrowly as fiber raw materials: “Hemp (cannabis sativa l.), raw or processed but not spun; tow and waste of true hemp (including yarn waste and garnetted stock).”

    While getting hemp written into the trade deal is progress, there’s little fiber production to speak of in the USA. The leading company that had been processing hemp for fiber, Kentucky-based Sunstrand LLC, filed for bankruptcy late last year, in part due to its inability to source raw material. The company had been turning out fabric fibers for apparel maker Patagonia, and claimed to be producing hemp-fiber based door panels for BMW as well as filters for water treatment and hemp fiber products for the construction industry.

    Read full article here: https://hemptoday.net/hemp-exports-us-china/


    About Author

    Comments are closed.