Home / Knowledge / News / Textiles / Imports of cotton stagnant in current fiscal
Imports of cotton stagnant in current fiscal
10
Jun '09
According to statistics, consumption of raw cotton in the country has stayed stagnant in the current fiscal, due to many factors which include a slowdown in global markets, an increase in imports of cotton yarn from India and an erratic power and gas supply.

The country had imported 4 million bales (1 bale=170 kg) of cotton in the previous fiscal (July'07-June'08) and import in the current fiscal is expected to be more or less the same when compared to the last fiscal.

Bangladesh imports 70 percent of its cotton requirements from Uzbekistan and the rest is procured from USA, West Africa, Turkmenistan and some Commonwealth Independent States (CIS).

In the current year, there was also a unprecedented increase in imports of cotton yarn from India as prices quoted by the Indian spinners was far lower than those quoted by the Bangladeshi textile industry.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mohammad Hassan
Biax Fiberfilm

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

Urs Stalder
Sanitized AG

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

Igor Chapurin
Chapurin

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

Sonam & Paras Modi
SVA

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

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:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search