Home / Knowledge / News / Textiles / Cotton offers at Chinese ports rise marginally
Cotton offers at Chinese ports rise marginally
20
Feb '12
Offers of imported cotton at Chinese ports rose marginally amid stability as most varieties increased only by 0.25-0.50 cents / lb.

At present, the spread between domestic cotton and foreign cotton is high. So, textile mills favour imported cotton.

However, procurement by textile mills is limited to those who have orders in hand, so overall demand is still weak in the market.

Analysts say that cotton price looks difficult to rise sharply, if cotton demand does not perk up in the near future.

SM1-1/8" US C/A cotton was quoted at 111.10 cents / lb, which is equivalent to 18,365 Yuan / ton, when converted in to local currency by means of sliding duty.

US E/MOT cotton was quoted at 108.10 cents / lb or 17,891 Yuan / ton. US cotton grade E/MOT M1-3/32" was quoted at 105.60 cents / ton or 17,499 Yuan / ton.

Uzbekistan cotton was quoted at 114.85 cents / lb or 18,960 Yuan / ton. West African cotton was quoted at 106.35 cents / lb or 17,605 Yuan / ton.

Indian cotton was quoted at 102.10 cents / lb or 16,941 Yuan / ton and Australian cotton was quoted at 111.85 cents / lb or 18,487Yuan / ton.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Lynda Kelly
Suominen Corporation

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search