Home / Knowledge / News / Textiles / China releases cotton from state reserves at steady pace
China releases cotton from state reserves at steady pace
26
Sep '12
China is continuing to release cotton from National Cotton Reserves, which it started on September 3, at a steady pace.
 
On September 25, the Government released 44,922.89 tons of cotton from the reserves, of which around 55.12 percent or 24,760.43 tons of cotton was traded. The traded volume was 5,315.14 tons more than the quantity traded on the previous day.
 
The average length of cotton fibre sold on September 25 was 27.89 mm, which was 0.06 mm more than the average length a day earlier.
 
The average trading price was 18,468 Yuan/ton, which was equivalent to the transaction price of 18,594 Yuan/ton for cotton grade 328, a decrease of 47 Yuan/ton from previous day. The price was 69 Yuan/ton lower than CC Index 328 price on the same day, and 394 Yuan/ton less than the traded price of next month’s contract in cotton market.
 
By September 25, China has overall released 365,683.99 tons of cotton from state reserves into the domestic market at an average price of 18,529 Yuan/ton, which equals to transaction price of 18,632 Yuan/ton for cotton grade 328. The average length of cotton fibre sold so far was 27.87 mm.
 

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Viral Desai
Zenitex Mill Pvt Ltd

Full of green energy

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Silke Brand-Kirsch
Schlegel und Partner

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

Wendell Rodricks
Wendell Rodricks

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

Igor Chapurin
Chapurin

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X