Home / Knowledge / News / Textiles / Cotton imports from US fall sharply in Jan-Sept
Cotton imports from US fall sharply in Jan-Sept
10
Nov '08
According to the statistics from the China Textile Industry Association, China imported 129,000 tons of raw cotton in September 2008, representing a decline of 31 percent from the previous month, and a year-on-year reduction of 45 percent. China's cumulative cotton imports amounted to 1,769,800 tons from January-September 2008, a decline of 6.74 percent year-on-year.

Among cotton supplying countries, China's major cotton import was still from the United States in September totaling to 99,000 tons, accounting for nearly 77 percent of China's September cotton imports, but declined drastically by 22 percent compared to August and down 26 percent from that in September 2007.

In addition to the United States other countries from the amongst the top fifteen cotton exporting countries were Australia, Burkina Faso, Uzbekistan, Benin, Mali, India, Turkmenistan, Zambia, Chad, Cameroon, Egypt, Zimbabwe, Ivory Coast and Syria.

In recent years, cotton production and exports from India have grown faster due to its promotion of genetically modified cotton. India exported a large quantity of cotton a few months ago, however due to increased demand from its domestic consumers; imports of cotton from India have fallen in September.

In the period January- September China imported 749,500 tons from the US, down 19.91 percent compared with the same period of the previous year while the average import price grew to US $1.7 per kilogram or up by 20.57 percent year-on-year.

India was the second largest supplier. Chinese cotton imports from India reached 569,800 tons from January to September while import price rose 22.31 percent year-on-year, but Indian price was still significantly lower than that of U.S. cotton. China's import volume from India increased by 36.84 percent compared to the same time last year.

In addition, China's cotton imports in the first nine months of 2008 from Uzbekistan, Australia and Benin were 165,400 tons, 5566.83 tons and 4749.73 tons, respectively.

Fibre2fashion News Desk - China


Must ReadView All

Apparel/Garments | On 26th Jun 2017

GSTN registration reopens

E-commerce operators and TDS (tax deducted at source) deductors can...

Textiles | On 26th Jun 2017

Expedite release of ROSL pending claims: TEA to Centre

The Tiruppur Exporters' Association (TEA) has again urged Union...

Textiles | On 26th Jun 2017

'Export promotion schemes to continue under GST regime'

The export promotion schemes will continue under GST regime, said...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Marten Alkhagen
Swerea IVF AB

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

Larry L Kinn
Suominen Corporation

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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