Home / Knowledge / News / Textiles / With passage of time cotton prices expected to rise
With passage of time cotton prices expected to rise
31
Mar '09
According to a general analysis, cotton price has increased 10-15 percent this year, from that was quoted in the last few months of 2008. This rise in prices has been supported by a few factors which led to this development in 2009.

Amongst the factors are GDP growth, fundamentals of consumption and exports, textile industries in developed economies and surrounding countries, price support from state cotton reserves plan and futures price movements in markets.

All these factors are once again expected to increase the prices of cotton by more than 15 percent in the next few months, though it is unlikely for the hike break through 15 percent, largely due to the effects of the huge cotton state reserves.

If global economic recovery will be seen in the second half and the domestic markets feel the effects of the stimulating plan, the second quarter will turn warmer, leading to an activism in consumer demand in the second half.

With total resources of new cotton reduced, supply shortage will be obvious with passage of time and price trends will indicate upward movement. However, since recovery of global economy is uncertain, cotton prices may face many uncertainties.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Pyrates Smart Fabrics

Textiles | On 16th Jul 2018

Spain's Pyrates Smart Fabrics targets Asia, S America

Spain-based Pyrates Smart Fabrics, whose major markets are northern...

Bangladesh to modernise 3 jute factories to boost sector

Textiles | On 16th Jul 2018

Bangladesh to modernise 3 jute factories to boost sector

The executive committee of Bangladesh’s National Economic Council...

Courtesy: Asda

Apparel/Garments | On 16th Jul 2018

J Sainsbury agrees to £3.5 bn financing for Asda merger

J Sainsbury plc has agreed for a financing package of £3.5 billion in ...

Interviews View All

Rahul Bhadani
Looksgud

Navigating through catalogues is a bit hasslesome

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Kalai Selvi

Vidyashilp Academy in Bengaluru is the country's first Fairtrade School....

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mohammad Hassan
Biax Fiberfilm

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

Lynda Kelly
Suominen Corporation

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

Igor Chapurin
Chapurin

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

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Cigdem Akin
Cigdem Akin

She has carved a niche for herself as the national brand of Turkey. Her...

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

Leave your Comments


July 2018

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

news category


Related Categories:

Advanced Search