Home / Knowledge / News / Textiles / High cotton stocks – a cause of concern
High cotton stocks – a cause of concern
06
Oct '08
According to available statistics, Shandong, Hebei, Xuzhou and Jiangsu provinces have higher cotton stocks in warehouses.

In the 50,000 tons-storage warehouses of China National Cotton Reserves Corporation (CNCRC), there is already no room for new cotton. It seems that 20,000 tons of cotton is temporarily stored in a logistics warehouse in Xuzhou.

A commercial warehouse in Xuzhou can store 50,000 tons cotton. Thus, many ginners in Xinjiang are rushing to make shipments as soon as possible. Reportedly, Xinjiang alone has 450,000 tons of cotton.

Due to international trade turmoil, industry could not accomplish major export in 2007/08, which also added to the backlog of inventories. According to investigation, China's cotton stocks are more than 690,000 tons, almost within the range of 700,000-800,000 tons.

Experts say that large cotton stocks will have inevitable and direct impact on new cotton price trend.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Global growth to pick up in 2017 and 2018: IMF

The pickup in global growth anticipated in the April World Economic...

Interviews View All

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Milind Khandwe
Hindoostan Innovation Centre

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

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Larry L Kinn
Suominen Corporation

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

Suresh Patel
Sidwin Fabric

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

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Bani Batra

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search



X