Home / Knowledge / News / Textiles / Chinese textile industry's raw material inventory dips
Chinese textile industry's raw material inventory dips
28
Oct '13
The raw materials procurement and inventory with the Chinese textile industry decreased in September 2013, compared to the previous month, according to a survey carried out in 17 provinces, considered to be the backbone of the textile industry, by the China Cotton Textile Industry Association.
 
According to the survey, the small and medium textile enterprises have lesser raw material inventory at the moment, and September 2013 data shows that raw materials procurement and product sales of textile enterprises have declined on a month-on-month basis.
 
The September procurement of raw materials was down by 19.14 percent, which included 10.1 percent month-on-month decline in buying of imported raw cotton, and 0.74 percent m-o-m decrease in purchase of non-cotton fibres.
 
In September, the inventory of raw materials with textile enterprises increased by 12.56 percent year-on-year, but decreased by 2.42 percent month-on-month. The inventory of raw cotton rose by 12.4 percent y-o-y, but fell 2.63 percent m-o-m. Imported raw cotton stocks grew 37.05 percent y-o-y and 4.27 percent m-o-m, while stocks of non-cotton fibres increased 13.29 percent y-o-y but dropped 1.49 percent m-o-m.
 
However, the proportion of various types of fibres in the inventory did not change much compared to previous month.
 
Talking about the production situation, the survey found that from January to September this year total yarn production grew by 2.3 percent y-o-y, including pure cotton and pure chemical fibre yarn production which increased by 3.1 percent y-o-y and 3.5 percent y-o-y.
 
During the same period, fabric production rose by 1.1 percent y-o-y, with output of cotton fabric and chemical fibre fabric growing by 1.5 percent y-o-y and 4.6 percent y-o-y, respectively, while production of cotton blended fabric falling by 2.3 percent y-o-y.
 
The inventory of both yarn and fabric increased in varying degrees in September, as sales situation remained sluggish, the data found.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Business wire

Textiles | On 28th Jul 2017

Taiwan launches new products at Outdoor Retailer show

The Taiwan External Trade Development Council (TAITRA) hosted the...

Textiles | On 28th Jul 2017

Clariant, Huntsman present update on planned merger

Clariant and Huntsman Corporation have presented a first update on...

Fashion | On 28th Jul 2017

Kering’s first half consolidated revenue up 28.2%

Kering has announced a consolidated revenue of €7,296.2 million for...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Suresh Patel
Sidwin Fabric

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

Mark Paterson
Technical Absorbents Ltd

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Rupa Sood and Sharan Apparao
Nayaab

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

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
61.1%
No
22.2%
Skip
16.7%

Total Votes: 18

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
33.3%
No
44.4%
Skip
22.2%

Total Votes: 18

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
83.3%
No
5.6%
Skip
11.1%

Total Votes: 18

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
50.0%
No
11.1%
Skip
38.9%

Total Votes: 18


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X