Home / Knowledge / News / Textiles / Strained textile trade weakens cotton demand
Strained textile trade weakens cotton demand
Jul '08
As the Chinese textile industry is weakening noticeably, demand for cotton is also dropping significantly. Besides, growth rate of domestic cotton yarn output has declined considerably.

According to the statistics from the State Development and Reform Commission, national yarn output completed 1.9 million tons in May, a year-on-year increase of 12.8 percent.

From January to May this year, national yarn production registered 8.34 million tons, a rise of 11.6 percent from the same time last year, but the growth-rate decreased by 9 percentage points.

From September 2007 to May this year, China's total yarn output fetched 15.45 million tons, up 11.7 percent as compared to corresponding period last year, but down 8.6 percentage points in growth pace.

Cotton imports have dropped. Domestic cotton production has been stabilized in past two years. According to data provided by the US Department of Agriculture, 2007 cotton output was 7.72 million tons, while domestic consumption was over 11 million tons.

Though shortfall was more than 330 million tons, China imported about 2.46 million tons of cotton last year.

According to Customs statistics, cotton imports were 240,000 tons in May, lower than the average level of 275,000 tons in last three years. January-May imports stood at 1.03 million tons, which is also less than the average level of 1.2 million tons in recent three years.

At present domestic textile industry is in a difficult period of transition. It sets to weaken domestic cotton consumption, but not enough to change the current situation of basic supply and demand state. This only slows down the growth rate of consumption.

The spot market trend reveals that cotton trade is slightly moving towards stability. As of July 2, domestic cotton price index for grade 328 was quoted at 13,859 yuan per ton, hike of 9 yuan per ton compared with early March, and 13 yuan per ton more than that in same time last month.

On the whole, the slump of textile industry has inhibited the rise in cotton price and thus domestic cotton rate is expected to mark fluctuating trend for a fairly long period.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

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

Interviews View All

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Anshul Sood

‘Indian footwear market is nascent and largely a trend follower’

Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Mohammad Hassan
Biax Fiberfilm

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

Kai Poehler
Voith Paper GmbH & Co. KG

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silvia Venturini Fendi
Fendi s.r.l

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

Mike Hoffman
Gildan Activewear SRL

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

Prathyusha Garimella
Prathyusha Garimella

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

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search