Home / Knowledge / News / Textiles / Cotton textile sector in critical phase
Cotton textile sector in critical phase
18
Aug '09
According to the National Bureau of Statistics, in January to June 2009, China's output of cotton yarn and cotton cloth grew 10.04 percent and 1.66 percent, respectively, over the same period last year. Y-O-Y growth rate fell 3.83 and 6.68 percent, respectively.

According to the survey by national cotton market monitoring system, 74 percent of the surveyed enterprises received domestic orders less than the same period last year, 20 percent received domestic orders more than the same period the previous year.

While, 6 percent received same numbers of domestic orders corresponding period last year; 73 percent of the enterprises received less foreign orders less than same period last year, 22 percent of the enterprises received same number of foreign orders and only 5 percent received foreign orders more than, in the same period last year.

According to customs statistics, in January to June 2009, China's exports of textile and apparel trade dropped 11.31 percent year-on-year, among them, exports of cotton textiles and clothing fell 17.96 percent and 10.41 percent year-on-year.

According to the National Bureau of Statistics, in January-May 2009, the cotton textile industry realized total profits of 11.608 billion Yuan, down 2.55 percent from the same period last year.

The release plan of 1,523,000 tons of cotton reserves implemented by the state has achieved more than 80 percent of its target and sales price now, shows a slight downward trend.

This has effectively stabilized costs of textile enterprises, which is conducive for textile enterprises to maintain international competitive advantage.

From the judgment of integrated indicators, China's cotton textile industry is in a critical period of stabilization and recovery; export growth of textile production will slow down further.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 9th Dec 2016

‘Less demand may make it hard to achieve export target’

The $48 billion target for textiles and garment exports for 2016-17...

Courtesy: Gucci/Pantone

Textiles | On 9th Dec 2016

Pantone announces greenery as colour of the year 2017

Pantone, an X-Rite company and the global authority on colour and...

Textiles | On 9th Dec 2016

Heimtextil to host 230 exhibitors from 28 countries

Close to 230 exhibitors from over 28 countries are expected to...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Amardeep Singh
Orient Craft

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

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Johan Berlin
InvestKonsult Sweden AB

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

Paolo Ocleppo
Sandvik Hyperion

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

Suresh Patel
Sidwin Fabric

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search