Home / Knowledge / News / Textiles / Volume of cotton imports goes up at Shandong port
Volume of cotton imports goes up at Shandong port
24
Mar '08
Cotton imports from Shandong port are showing a rising trend. According to statistics released by Qingdao Customs authorities, Shandong port imported 1,36,000 tons of cotton in the first two months of 2008, up 33.5 percent from the same period in 2007.

In 2007, cotton import price at Shandong ports indicated an upward trend amid volatility, with the average price in December breaking the US $1500 per ton barrier. In 2008, cotton import price continued its rising trend moving to a record high of US $1,578 per ton in February.

Imports of cotton from India accounted for the majority share of all cotton imports through the port. Imports from India touched 85,000 tons, an increase of 78.6 percent, accounting for more than 6 percent of total cotton imports via Shandong port.

Imports from the United States reached 21,000 tons, an increase of 28.7 percent; from Uzbekistan totaled 7,000 tons, down 27.4 percent and from Mexico touched 4000 tons.

Cotton imports for general trade and bonded warehouse doubled, while imports meant for further value addition declined.

State-owned enterprises and private enterprises were main importers at 46,000 tons and 45,000 tons respectively, up 2 percent and 57.3 percent, together accounting for 66.9 percent of total imports while Foreign invested enterprises imported 21,000 tons, an increase of 19.7 percent.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Kai Poehler
Voith Paper GmbH & Co. KG

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

Mark Paterson
Technical Absorbents Ltd

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

Silke Brand-Kirsch
Schlegel und Partner

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

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