Home / Knowledge / News / Textiles / Indian cotton most competitively priced at Chinese ports
Indian cotton most competitively priced at Chinese ports
11
May '12
Offers of imported cotton at China's main ports continued to fall on May 9, although marginally.

It is learnt that cotton spot market continues to remain calm and volumes will find it difficult to pick up, prior to allotments of cotton import quotas.

At present, Indian cotton is the most cost-effective in terms of prices and it is widely expected that it may be the first choice of importers once quotas are issued.

Analysts express that future economic uncertainty in the EU will continue to bring pressure to the market.

Cotton grade SM1-1/8” US C/A cotton was quoted at 107.10 cents / lb. When converted by adding sliding duty, it was equivalent to 17,705 Yuan / ton.

US E/MOT cotton was quoted at 100.10 cents / lb and was equivalent to 16,609Yuan / ton. Australian cotton was quoted at 106.85 cents / lb, which is equivalent to 17,665 Yuan / ton.

Uzbekistan cotton was quoted at 118.85 cents / lb, equivalent to 17,991 Yuan / ton and West African cotton was quoted at 100.10 cents / lb, equivalent to 16,609 Yuan/ ton.

Indian cotton was quoted at 96.35 cents / lb which is equivalent to 16,009 Yuan / ton and US cotton grade E/MOTM 1-3/32" was quoted at 97.75 cents / lb or 16,239Yuan / ton.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Eric Scholler
Groz-Beckert

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

news category


Related Categories:
July 2017

July 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search