Home / Knowledge / News / Textiles / Cotton spot prices drop slightly, CCA
Cotton spot prices drop slightly, CCA
24
May '08
Last week (5.9-5.16), the great earthquake disaster took place in Wenchuan of Sichuan Province.

As far as CCA know, Sichuan is not the main cotton producing area, and the producing region is relatively far from the epicentre, the influence to cotton enterprises and the cotton producing is smaller.

The textile industry of Sichuan is not big in scale, some enterprises meet factory building damage, the water and electricity are unable to supply normally, it is difficult to resume producing in the severely afflicated area at present.

Domestic cotton spot price dropped slightly. On May 16, the value of China Cotton Index (CCIndex) of Type 328 grades is 13787 yuan per ton, decreased by 8 yuan per ton from last week.

China imports cotton price index (FC Index M) is 75.93 US cents per pound, transfer to RMB 13582 yuan per ton at 1% tariff which is lower 205 yuan than Type 328 grade of domestic cotton, 14094 yuan per ton at the sliding duty tariff which is only higher 471 yuan than 307 grade of domestic cotton.

China Cotton Association

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Giorgio Mantovani
Corman S.p.A

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

Kevin Nelson
TissueGen

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Tony Ward
Tony Ward

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

Mike Hoffman
Gildan Activewear SRL

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

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:
March 2017

March 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