Home / Knowledge / News / Textiles / China's cotton yield expected to decline this year
China's cotton yield expected to decline this year
02
Oct '13
Cotton market is in doldrums since last year affecting the enthusiasm of farmers, and hence China’s cotton yield is expected to decline this year, Yu Xiang, Secretary in the Ministry of Agriculture, has said.
 
According to him, this year’s cotton acreage is less than last year and cotton production is expected to be around 6.315 million tons, which would be 337,000 tons less than last year.
 
Speaking at a meeting organized by the China Cotton Association and the National Executive Council to analyze the situation of cotton in Beijing, Secretary Xiang Yu said in addition to reduction in area under cotton, the main disadvantage of cotton production is climate.
 
Early sowing of cotton and continuous high temperature in July and August impacted this year’s cotton yield, according to Yu.
 
Du Min, Agricultural Research Centre Director in the Ministry of Agriculture, said there are two points that require special attention from market outlook. First, although relevant indicators have recently improved for some countries, there is still a lot of uncertainty in international market.
 
Secondly, despite an increase in domestic industrial indicators, the operating rate of the textile industry in not very optimistic. In addition, the industry has to grapple with last year’s inventory pressure and price increase pressure. However, Du Min termed domestic demand outlook as cautiously optimistic.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: H&M

Apparel/Garments | On 30th Mar 2017

H&M group's sales increase 7% in 3 months to Feb '17

The H&M group's sales including VAT amounted to SEK 54,369 million...

Textiles | On 30th Mar 2017

Vietnam’s textile & garment exports earn $4bn in Jan-Feb

Vietnam earned $4 billion from textile and garment exports in the...

Textiles | On 30th Mar 2017

India Inc should work for July 1 GST roll out: Fin sec

The Goods and Services Tax (GST) will take India into a very exciting ...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Amit Jain
Shingora Textiles Ltd

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Kerem Durdag
Biovation II LLC

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Pranav Mishra
Huemn

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

Silvia Venturini Fendi
Fendi s.r.l

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


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