Home / Knowledge / News / Textiles / Hike in Chinese yarn import boosts world mill cotton use
Hike in Chinese yarn import boosts world mill cotton use
15
Jul '14
China’s price support program, introduced in 2011/12, raised internal market prices for cotton substantially above world prices.

Consequently, yarn, fabric, textiles, and apparel made from domestic cotton became less competitive compared to similar products containing man-made fibers or cotton from outside of China. As a result, mill use in China has fallen, while outside of China it has grown.

Much of the decline in Chinese mill use can be attributed to larger imports of lower priced cotton yarn, which has supported mill use around the world. That stronger yarn import demand in China is roughly equal to the total growth in mill use outside of China.

The major beneficiaries of this increased demand have been India, Pakistan, and Vietnam, but even the United Sates has seen yarn exports to China more than double, albeit from a very small base.

Moving into 2014/15, as China shifts from a price support to a target price system, the full effect on yarn imports is not yet clear.

For the first time since the introduction of the price support program, USDA forecasts mill use in China growing faster than the rest of the world. In Vietnam, where mill use nearly doubled since China implemented the price support policy, USDA is forecasting a slight decline.

Click here to read full report

USDA


Must ReadView All

Indian govt relaxes cabotage rule for cotton transport

Textiles | On 25th May 2018

Indian govt relaxes cabotage rule for cotton transport

The Government of India has relaxed cabotage rules for transportation ...

Courtesy: Teejay Lanka

Textiles | On 25th May 2018

Teejay Lanka doubles production capacity at Indian mill

Teejay Lanka, one of Sri Lanka’s largest textile manufacturers, has...

Courtesy: Messe Frankfurt/Yarn Expo Autumn edition

Textiles | On 25th May 2018

Yarn Expo Autumn 2018 scheduled earlier

Over 500 exhibitors are expected at the Yarn Expo Autumn 2018, being...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Asim Dalal
Indo Count Retail Ventures

Today, there is no other emerging market as India, "we make in India and...

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Vikas Banduke

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Giorgio Mantovani
Corman S.p.A

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

Mike Hoffman
Gildan Activewear SRL

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

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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


May 2018

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

news category


Related Categories:

Advanced Search