Home / Knowledge / News / Textiles / Financial strain slows down sale of new cotton
Financial strain slows down sale of new cotton
May '08
According to official statistics, by the end of last month, the rate of the unginned cotton purchased by Chinese cotton processing enterprises reached 98.5 percent, up by 3 percent than the same period of last year. About 98 percent of the purchased unginned cotton was processed.

However, the new cotton sales slowed down, accounting for only 67.6 percent and representing a slide of 7.4 percent. The major reason is the financial strain faced by most domestic textile enterprises.

In April, the cotton price in Chinese market was 13909 yuan per ton on average, down 0.1 percent as compared to the month of March.

Imported cotton was priced at around 14091 yuan per ton on average. In April, China imported 263000 tons of cotton, up by 23.7 percent than the previous month.

During January to April 2008 period, China imported 790000 tons of cotton in total, recording a year-on-year growth of 9.6 percent.

In addition, in the first 4 months of this year, country exported textile and clothing products worth of US $51.7 billion, around 17 percent over than the same period of last year.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: The Irish News/Christian Cowan (Google)

Fashion | On 24th Feb 2017

Google & Christian Cowan create 'really blue' jeans

Google has partnered with British fashion designer Christian Cowan to ...

Textiles | On 24th Feb 2017

Pakistan's textile exports down 1.54% in July-Jan FY17

The value of textile and garment exports made by Pakistan decreased...

Textiles | On 24th Feb 2017

Indian economy to touch $5 tr by FY2025: Morgan Stanley

Driven by supportive demographics and government's policies, the...

Interviews View All

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Lynda Kelly
Suominen Corporation

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

Mohammad Hassan
Biax Fiberfilm

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Jay Ramrakhiani
Occasions Elegance Wear

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


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