Home / Knowledge / News / Textiles / China looses advantage in low-priced cotton textiles
China looses advantage in low-priced cotton textiles
May '12
China has lost its price advantage in low-end cotton textile products. India, Pakistan, Vietnam and other countries have taken over part of China's market share in global markets, with their advantages in low cotton prices and labor costs.

Even a large US t-shirt company set up factories in Bangladesh and South America, and then sends these products to China.

According to statistics, 59 percent of the US decline in imported cotton products was from China, while the increased volume of exports from Southeast Asian countries to the US accounted for 54 percent of China's reduction.

Currently the spread between Chinese cotton price and international market is basically around 3000 Yuan/ ton and the 16 percent export tax rebate is not enough to offset the pressure from rising raw material and labor costs.

Now worker's wages are two times from over three years ago, but export price of fabrics is lower than three years ago.

At present the entire textile industry is in a cycle of de-stocking, due to which enterprises generally say their orders have declined by 20-30 percent since this year.

Statistics also show that export value of China's textile and apparel in March grew by 13.4 percent year on year, but growth rate dropped by 37.2 percentage points over the same period last year.

In the case of difficult external living environment, the majority of textile enterprises hope that the Government will stabilize cotton price by using administrative means to avoid greater losses to these enterprises.

A top official of a large textile enterprise says that their relationship with customers turns tense, whenever cotton price fluctuates.

He says that buyers quicken up transactions, when cotton price rises, while they adopt a wait-and-see attitude, when cotton price drops and even put pressure on fabric suppliers by demanding a reduction in prices.

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

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Karan Arora
Karan Arora

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search