Home / Knowledge / News / Textiles / Cotton imports in January fall drastically
Cotton imports in January fall drastically
20
Feb '09
According to customs statistics, in January 2009, China imported 78,000 tons of cotton, worth US $108 million, down 53.7 and 57.9 percent in volume and value respectively from December 2008 and fell by 50.1 and 55.5 percent in volume and value from the same period last year. The import price in January witnessed a sharp fall, averaging at $1387 per ton, down 9.1 percent from the previous month and 10.9 percent year-on-year.

In January, from amongst importing countries, shipments from the United States reached 60,000 tons, accounting for 76.6 percent of the total imports, an increase of nearly 15 percent from the previous month. Imports from India fell to only 5,800 tons, accounting for only 7.4 percent, down 14 percent from the previous month and shipments from Brazil, the second largest country from which cotton is imported, accounted for 7.8 percent of total imports, an increase of 3 percent from the previous month.

In case of import prices, the average import prices stood at $1274 per ton from Brazil $1386 per ton from the US, $1385 per ton from India, $1660 per ton and the highest from Kazakhstan, $1403 per ton from Australia, $1235 per ton from Mali, $1263 per ton from Mexico and $1281 per ton from Cameroon. From among all imports, 90.1 percent of cotton shipments were under quota based tariffs, 5.5 percent under floating tariffs and the rest 4.4 percent under general imports.



Fibre2fashion News Desk - China


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Nishank Patel
Shri Dinesh Mills Limited

Broad range of fabrics will sell well this financial year

Riddhi Jain

Conceived in Europe and curated in New Delhi, NeceSera is a...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Mohammad Hassan
Biax Fiberfilm

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

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Mike Hoffman
Gildan Activewear SRL

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

Wendell Rodricks
Wendell Rodricks

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

Yash P. Kotak
Bombay Hemp Company

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

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

December 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
68.1%
No
13.8%
Skip
18.1%

Total Votes: 94

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

Yes No

Active Poll

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

Yes
62.8%
No
29.8%
Skip
7.4%

Total Votes: 94

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

Yes No

Active Poll

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

Yes
87.2%
No
9.6%
Skip
3.2%

Total Votes: 94

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

Active Poll

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

Yes
81.9%
No
8.5%
Skip
9.6%

Total Votes: 94


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