Home / Knowledge / News / Textiles / Chinese textile sector welcomes release of imported cotton
Chinese textile sector welcomes release of imported cotton
May '13
The Government of China has started releasing cotton from its 2011 reserves of imported cotton from May 6, 2013, onwards. This move has been welcomed by the Chinese textile industry, which purchased all the released quantity of cotton on the first three days of the release.
More than 7,000 tons of cotton was released by the Government during May 6-8, 2013. Foreign cotton grade 4 was transacted at the highest price averaging at 19,900 yuan/bale.
The release of imported cotton from reserves has come at a time when supply of high grade foreign cotton is tight, inventory of low-grade foreign cotton has been less, and cotton import quotas are not adequate.
At present, most textile enterprises are buying cotton only as per their immediate requirement.
The price of auctioned cotton from 2011 imported cotton reserves is same as the price that existed in 2011 for cotton grade 4, US cotton grade 2, and West African cotton.
Last week, the clearance price of Indian cotton S-6 at various China’s main ports was in the range of 18,500-18,700 yuan/ton, while the offers of SM-level US cotton and West African cotton were in the range of 19,500-19,700 yuan/ton after clearance from the port.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

View of YiwuTex 2016; Courtesy: YiwuTex

Textiles | On 28th Feb 2017

Smart knitting system to grace 18th YiwuTex 2017

The thematic functional knitting machinery zone at the 18th YiwuTex...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Paolo Ocleppo
Sandvik Hyperion

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search