Home / Knowledge / News / Textiles / Demand for cotton drops with diminishing textile exports
Demand for cotton drops with diminishing textile exports
26
Jun '08
Guangdong Province, the biggest textile exporting region of China has witnessed a continuous drop in its exports this year and as a result local markets witnessed a slow demand for cotton.

According to the statistics revealed by Guangzhou customs, in the first five months of this year, the province imported 36,000 tons of cotton, down by 18.1 percent from the same period last year.

The total cotton import made by Guangdong in the month of May declined by 46.8 percent compared to April whereas the overall quantity imported by China from January to May summed up to 1.03 million tons, up by 11.7 percent.

Exports from Guangdong Province on the other hand saw a drop of 13.6 percent to touch $12.21 billion in the same period. The country on the whole exported textile goods worth $26.07 billion, up by 26.3 percent.

With textile exports showing a downward trend cotton imports have also shown a relative drop. If the situation remains unchanged, it is difficult to see the province retaining its reputation of being a leading textile exporting region of China.

Fibre2fashion News Desk - China


Must ReadView All

Textiles | On 29th Jun 2017

Nan Ya files trade petition in US against Korea & Taiwan

Nan Ya Plastics Corporation, America, a US synthetic fibre producer,...

Textiles | On 29th Jun 2017

Indian textile industry will reach new milestone by 2020

By 2020, textile technologies will be highly advanced not only with...

Apparel/Garments | On 29th Jun 2017

Amazon intends to keep investing and growing in India

American online retail giant Amazon intends to keep investing and...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Pinkesh Jain
Everflow Petrofils Ltd

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

C Kamatchisundaram
Voltas

ITME is an occasion not only to receive new leads but also to work on...

Kerem Durdag
Biovation II LLC

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

Mark Paterson
Technical Absorbents Ltd

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

Lynda Kelly
Suominen Corporation

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

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

news category


Related Categories:
July 2017

July 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