Home / Knowledge / News / Textiles / Inventory of Chinese textile industry improves in Feb'13
Inventory of Chinese textile industry improves in Feb'13
11
Mar '13
The inventory and sales rates of China’s overall textile industry showed significant improvement in February this year. 
 
According to spot checks conducted by the China Cotton Reserves, the production of yarn and fabrics of Chinese textile enterprises increased by 5.6 percent year-on-year. In comparison, the sales rate grew only by 2.3 percent year-on-year.
 
However, the inventory of cotton reduced by 7.1 percent year-on-year, and the national cotton stocks at the end of February were nearly 20.1 percent lower compared to the average stock of the past three years.
 
Meanwhile, the prices of yarn and fabric continued to rise. The data of the National Cotton Market Monitoring System showed that the price of 32s cotton carded yarn increased by 0.6 percent compared with the price at the beginning of the year. Similarly, the price of cotton fabric grew by 0.9 percent compared with the beginning of 2013.
 
The Chinese Textile Industry Federation believes that the performance of the Chinese textile industry will remain steady in the beginning part of the year, and will improve in the second half of 2013.
 
It is also expected that the demand for cotton will significantly grow, due to increase in production and sales of the Chinese textile industry.
 

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: ITMA 2015

Textiles | On 21st Jun 2018

Italy to host textile machinery fair ITMA in 2023

ITMA, the trendsetting textile and garment technology platform, will...

Courtesy: Connor Group

Textiles | On 21st Jun 2018

Protectionism top threat to textile sourcing: William Connor

Protectionism is the biggest political factor and threat affecting...

NRF urges US Congress to step in, stop trade war

Apparel/Garments | On 21st Jun 2018

NRF urges US Congress to step in, stop trade war

The National Retail Federation (NRF) recently urged the US Congress...

Interviews View All

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Shawn Honeycutt
Bolger & O'Hearn

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

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Urmil Arya

Sushila International, a well established textile organisation established ...

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Suresh Patel
Sidwin Fabric

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

Lynda Kelly
Suominen Corporation

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search