Home / Knowledge / News / Textiles / Cotton production estimates fall due to low acreage
Cotton production estimates fall due to low acreage
31
Jul '09
According to China Cotton Association, in June 2009, available resources in cotton market were diminishing, cotton price, which remained in the doldrums in earlier months, started to pick up gradually.

Relevant departments of the state intensified efforts to release state reserves of cotton, along with which cotton import quotas amounting to 400,000 tons were sanctioned to fulfill the needs of the textile industry.

In the first half of 2009, China's yarn production completed 10.96 million tons, up 9.4 percent year-on-year; textiles and garment exports achieved US $72.8 billion, down 11.1 percent year-on-year.

Cotton imports amounted to 740,000 tons, down 40.8 percent year-on-year and the Chinese cotton price index (CCIndex328) averaged at 11,974 Yuan per ton, down 13.1 percent year-on-year.

As of June 30, the state had released 775,000 tons of cotton reserves, while the actual transactions amounted to 495,000 tons, accounting for 33 percent of the total release plan of 1.52 million tons

In international cotton market, both futures and spot prices moved down in June and the price advantage of imported cotton expanded. In the month of June, imports totaled to 169,000 tons, up 11.3 percent from the previous month.

According to a survey among 12 cotton producing provinces, overall growth of cotton was stable, plant diseases and insect pests were light, but total output seems to be still in a downward trend due to a larger reduction of cotton area.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Kevin Nelson
TissueGen

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

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...

Mike Hoffman
Gildan Activewear SRL

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

Sonam & Paras Modi
SVA

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

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
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