Home / Knowledge / News / Textiles / Cotton demand in China may remain same as last year
Cotton demand in China may remain same as last year
30
Sep '13
The demand for cotton by domestic Chinese enterprises is likely to remain unchanged this year at 8.5 million tons, according to the China Cotton Association.
 
Gao Fang, executive vice president of China Cotton Association said from the demand perspective no further deterioration in the domestic demand is likely and the demand will remain similar to the previous year’s level at 8.5 million tons.
 
This year, the Chinese Government has decided to continue with its temporary storage policy, with tighter quality control norms to prevent ‘circling cotton’.
 
As of September 15, 21.6 percent of cotton crop was picked, but only 3.4 percent was sold at an average price of 8.49 yuan per kg.
 
Gao Fang expected macro-economic policies to improve and suggested that backbone enterprises should play a leading role and be a role model by having good grasp of quality and cost factors.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 9th Dec 2016

ACIMIT signs MoU with Pakistan textile bodies

In a bid to strengthen the trading in garments and textiles between...

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Textiles | On 9th Dec 2016

GST Council may decrease tax rates in future: CBEC

The goods and services tax (GST) Council might reduce the proposed...

Interviews View All

Riddhika Shah
SS Homme

'Worsted wool is the ideal fabric for menswear'

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Mark Paterson
Technical Absorbents Ltd

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Eric Scholler
Groz-Beckert

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Yash P. Kotak
Bombay Hemp Company

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

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search