Home / Knowledge / News / Textiles / Chinese domestic & global cotton price gap widens in June
Chinese domestic & global cotton price gap widens in June
21
Jul '12
The gap between cotton price in Chinese domestic market and global market increased in June, as cost of imported cotton continued to fall below the price of cotton in Chinese local market.
 
The average CIF price of imported cotton at major Chinese ports was 11,556 Yuan/ton in June. After addition of 1 percent quota tariff, VAT, port charges and domestic freight, the price goes up to 13,587 Yuan/ton, which was 4975 Yuan below the domestic price of the same standard during the month of June. The price difference, thus, increased by 645 Yuan/ton compared to May 2012.
 
The cost of imported cotton, based on floating tariff, averaged to about 14,580 Yuan/ton in June, which was 3980 Yuan lower than the price of domestic cotton of the same standard during the month. Thus, the price gap expanded by 350 Yuan/ton compared to the previous month.
 

Fibre2fashion News Desk - China

Must ReadView All

President Tsai Ing-wen delivering remarks before boarding her plane bound for Central America. Courtesy: Presdient's office

Textiles | On 16th Jan 2017

‘Textiles at centre of Taiwan’s new trade arrangements’

Textiles should be at the heart of Taiwan’s thinking while developing ...

Apparel/Garments | On 16th Jan 2017

Ralph Lauren develops policy on tracking wood based fabrics

In a bid to trace source of wood based fabrics like viscose and rayon ...

Apparel/Garments | On 16th Jan 2017

EC proposes enhanced market access for Sri Lanka

The European Commission (EC) has proposed that a significant part of...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Kevin Nelson
TissueGen

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Suresh Patel
Sidwin Fabric

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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
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