Home / Knowledge / News / Textiles / Prices & offtake of cotton gradually increase at state auctions
Prices & offtake of cotton gradually increase at state auctions
07
Aug '09
In the previous week, the state released cotton reserves totaling to 197,900 ton, of which 193,900 tons was 2008 crop and 3,999 tons were 2003-2004 crop. The auction was able to realize sales of 112,700 tons.

This indicates a total trade rate at 57 percent, up 4 percent from the previous week. The 2003 crop was fully sold out while that of the 2008 crop was 56 percent. The auction price for various grades of cotton continued to rise.

Auction price of second-grade cotton broke through 14,000 Yuan per ton mark, the highest price of third-grade cotton reached 13,960 Yuan per ton. As of July 31, turnover of 2008 cotton has touched 691,900 tons.

Over the weekend, China cotton price index (CC Index 328) was 13,138 Yuan per ton, up 56 Yuan per ton over the previous week. China import cotton price Index FC Index M Index stood at 65.44 cents per lb on July 31.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Nuno Venda
ROQ

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

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Johan Berlin
InvestKonsult Sweden AB

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Wendell Rodricks
Wendell Rodricks

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

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
January 2017

January 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