Home / Knowledge / News / Textiles / Increasing cotton consumption leads to record high imports
Increasing cotton consumption leads to record high imports
22
Mar '08
Shortage of crop led to a massive importation of cotton from across the world. Textile mills in Pakistan recently placed orders for 3.2 million bales of cotton worth Rs45 billion for February 2008.

Statistics provided by industrial sources show that in the period ranging from August 2007 to February 2008, mills in Pakistan imported about 5,19,053 metric tons of cotton.

Experts believe that the volume accounts for the highest ever imports made in the history of Pakistan during this specific period.

The bulky imports, most of which have come from India, have also affected cotton trading at the Karachi Cotton Association (KCA).

Moreover, industrial sources are expecting additional imports of 5,00,000 to 6,00,000 bales amounting to Rs55 billion making the total imports reach around 3.8 to 4 million bales.

Some of the mills have already signed a contract with Indian suppliers for 2 million cotton bales worth Rs3 billion.

However, imports have also been made from countries like USA, Brazil, Egypt, Turkmenistan, Sudan, CIS, Nigeria, Cameroon and Turkey.

Expansion in technology led to increased consumption by textile mills which absorbed some 14.5 million bales of cotton in 2007.

Unfortunately this year again, Pakistan is anticipated to produce a total of only 11.2 million bales.


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Vasanth Kumar
Max Fashion India

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

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Giorgio Mantovani
Corman S.p.A

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

Mark Paterson
Technical Absorbents Ltd

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

Johan Berlin
InvestKonsult Sweden AB

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

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Ritu Kumar
Label Ritu Kumar

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

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

news category


Related Categories:
June 2017

June 2017

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

SUBSCRIBE


Browse Our Archives

GO


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