Home / Knowledge / News / Textiles / National inventory of cotton industry declines
National inventory of cotton industry declines
03
Oct '11
China's national inventory of cotton industry has declined both on month-on-month and year-on-year basis to nearly 829,800 tons on September 7, 2011, as per a sample survey carried out by national cotton market.

This is a reduction of 11.3 percent below the average of the previous three years. The decrease in stock levels points towards the businesses postponing their stockpiling this year.

The monthly sales rate of yarn was 100.9 percent, which is higher than the sales rate in previous month. Similarly, the monthly sales rate of fabrics was 92.5 percent, which is also more than the sales rate of previous month. This has led to a reduction in inventory levels and is forcing companies to renew their stocks.

As per the data of National Bureau of Statistics, August production of yarn fell 2.07 percent month-on-month, but increased 10.73 percent year-on-year. Likewise, August production of cotton fabric declined 2.99 percent month-on-month, but was up 6.94 percent year-on-year.

However, the growth rate in consumption of cotton is expected to be very slow owing to the impact of global economic slowdown.

Fibre2fashion News Desk - China

Must ReadView All

Prime Minister Theresa May speaking on the UK government's negotiating objectives for exiting the EU. Courtesy: UK government

Textiles | On 18th Jan 2017

UK to pursue trade agreements with other countries

The United Kingdom will pursue free trade agreements with the EU and...

Courtesy: Alibaba Group

Apparel/Garments | On 18th Jan 2017

Alibaba forges global alliance to fight counterfeiting

Jack Ma led Alibaba Group has forged an alliance with various global...

Information Technology | On 18th Jan 2017

eBIZ 4.0 to digitise European fashion supply chain

eBIZ 4.0 is a new step of eBIZ, the public-private initiative that...

Interviews View All

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search