Home / Knowledge / News / Textiles / China's cotton imports drop in May 2014
China's cotton imports drop in May 2014
17
Jun '14
The declining trend in China’s cotton imports continued in the month of May 2014, with average import price showing a slight increase.
 
According to customs statistics, China imported 191,500 tons of cotton in May, showing a decline of 32,900 tons or 14.6 percent over April 2014 imports. The drop was even greater at 44.6 percent on a year-on-year basis.
 
The average import price of cotton in May 2014 worked out to US$ 2,137/ton, up $50 or 2.4 percent over April 2014 price of $2,087/ton. The average price increased by 4.9 percent compared to May 2013, the data showed.
 
In the first five months of 2014, China’s total cotton imports stood at 1,176,500 tons, which is a decrease of 45.1 percent year-on-year.
 
During the first nine months of the ongoing cotton season from September 2013 till May 2014, China’s total cotton imports stood at 2.3 million tons, down 34.5 percent year-on-year.
 
In the previous cotton season from September 2012 to August 2013, China imported 4.396 million tons of cotton, down 19.2 percent year-on-year.
 
The decline in China’s cotton imports is in line with the expected government policy of giving subsidy to cotton farmers and various other measures, which are expected to narrow the difference between prices of domestic cotton and imported cotton. Market analysts expect the trend of declining cotton imports to continue this year.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: African Development Bank

Fashion | On 24th Aug 2017

AfDB supports growth of African fashion sector

Fashionomics Africa (the economics of fashion) is an initiative of...

Textiles | On 24th Aug 2017

Pakistan's textile exports increase 2.78% in July 2017

The value of textile and garment exports from Pakistan increased by...

Courtesy: Differential Brands

Apparel/Garments | On 24th Aug 2017

DFBG sees 16% net sales rise in 2017 1st half

The net sales of Differential Brands Group Inc (DFBG), a portfolio of ...

Interviews View All

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Amardeep Singh
Orient Craft

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

Steve Cole
Xerium Technologies

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

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Suresh Patel
Sidwin Fabric

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

Tony Ward
Tony Ward

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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

August 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
67.7%
No
16.1%
Skip
16.1%

Total Votes: 31

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
45.2%
No
35.5%
Skip
19.4%

Total Votes: 31

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
83.9%
No
6.5%
Skip
9.7%

Total Votes: 31

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
61.3%
No
9.7%
Skip
29.0%

Total Votes: 31


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