Home / Knowledge / News / Textiles / China continues to release 2011 cotton from reserves
China continues to release 2011 cotton from reserves
22
May '13
The Government of China is continuing to release cotton grown in 2011 and 2012 from its state reserves.
 
Although the Government released over 70,000 tons of cotton from the reserves on May 21, only about 22,000 tons of cotton was procured by traders and textile enterprises.
 
Of the cotton sold from the reserves, 11,660 tons of cotton was from the Government’s 2011 domestically grown cotton reserves, while another 1,456 tons of cotton traded was cotton imported in 2011. In addition, 8,974 tons of last year’s cotton was also traded.
 
The average price of cotton sold from the reserves on May 21 was 18,997 yuan/ton, an increase of 1 yuan/ton from the previous trading day.
 
The average price was equivalent to the price of cotton grade 328 at 19,305 yuan/ton. The price was 48 yuan/ton lower compared with CC Index 328 price on the same day.
 
As of May 21, more than 1.651 million tons of cotton has been sold by China from its state reserves to domestic textile enterprises and traders.
 

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Stone Island

Apparel/Garments | On 25th Jun 2018

Stone Island has mastered ingredient branding: Braind

Italian high-end men's apparel brand Stone Island tops the list of...

Courtesy: Tecnorama

Textiles | On 25th Jun 2018

'Tecnorama automatic dyeing system offers efficiency'

Italy based Tecnorama’s fully-automatic machinery for dispensing...

Courtesy: Lenzing

Textiles | On 25th Jun 2018

Lenzing launches Veocel nonwoven speciality brand

Leading fibre company, the Lenzing Group has unveiled Veocel, the new ...

Interviews View All

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Kamal Kulshreshth

Colorjet is among the fastest-growing wide format digital inkjet print...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Kevin Nelson
TissueGen

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

Eric Scholler
Groz-Beckert

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Mike Hoffman
Gildan Activewear SRL

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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