Home / Knowledge / News / Textiles / Cotton imports decrease significantly in Q1
Cotton imports decrease significantly in Q1
15
May '08
According to Customs Statistics, in first quarter of 2008, total cotton imports of China reached nearly 5,28,000 tons and the nation had to spend approximately US $840 million, decrease of 4 and 24.8 percent, when compared to the same period last year.

Monthly average price of cotton imports was about $1,500 per ton since November 2007. However, average price in Q1 this year was at $1,589 per ton, an increase of 19.6 percent. March cotton import volume reduced significantly by reaching almost 2,13,000 tons, down by 17.7 percent. The average price of imports advanced to $1,630 per ton, up by 3.2 percent from the previous month and a year-on-year increase of 22.8 percent.

China mainly imported cotton from India and US, the two countries together accounted for 81.3 percent of total cotton import of the country in the first quarter.

China cotton imports from India reached nearly 2,95,000 tons, an increase of 13.3 percent and from US it came up to almost 1,34,000 tons, a substantial boost of 42.7 percent.

The import reached 2,63,400 tons by the month of April, a rise of 50,200 tons or 23.53 percent from the previous month, and representing a rise of 48,400 tons or 22.46 percent from the same time of 2007.

As of last month, total cotton import of the nation scored 1.588 million tons in 2007-08, an increase of 2,50,700 tons or 18.74 percent from the corresponding period a year ago.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 17th Jan 2017

GST rollout from July 1; states to control small taxpayers

The Centre and states have reached a consensus on the issue of dual...

Textiles | On 17th Jan 2017

Reliance Industries net increases 3.6% in Q3FY17

In the three months ended December 31, 2016, India’s biggest private...

Textiles | On 17th Jan 2017

IMF projects advanced economies to grow at 1.9% in 2017

Advanced economies are projected to grow by 1.9 per cent in 2017 and...

Interviews View All

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mark Paterson
Technical Absorbents Ltd

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Tony Ward
Tony Ward

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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