Home / Knowledge / News / Textiles / Cotton imports to decline for ongoing fiscal year
Cotton imports to decline for ongoing fiscal year
10
May '08
Imports of cotton by China are likely to decline during the fiscal year 2007 which ends in August 2008.

This is largely because, the stagnant textile industry of the country will require lesser yarn and therefore smaller quantity of imports.

An official of China Cotton Association told Fibre2fashion, “Chinese consumption in 2007-08 will amount to 4.28 million tons and mill's import of cotton in the next five months may touch 1.48 million tons. Cotton area will increase by 1 or 2 percent in the next season. China cotton price will not change greatly until the new crop circulates in the market.”

Moreover, the total cotton imports in the fiscal year may stand at 2.6 million tons, which is below the expected 2.8 million tons. India surpassed the United States as China's largest cotton supplier in fiscal 2007.

China grew 5.59 million hectares of cotton and harvested 7.6 million tons of the fiber in the 2007 fiscal year.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Amardeep Singh
Orient Craft

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

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Mohammad Hassan
Biax Fiberfilm

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Sonam & Paras Modi
SVA

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

Karan Arora
Karan Arora

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

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search