Home / Knowledge / News / Textiles / Cotton spinning enterprises in tight squeeze
Cotton spinning enterprises in tight squeeze
Sep '09
As cotton supply in the market shrank before August, cotton price increased all the way this year, from 10,500 Yuan per ton from the beginning of the year to 13,000 Yuan per ton in April, due to which, cotton spinning enterprises are squeezed from both sides, as procurement costs are high but yarn prices are not firm.

Cotton spinning enterprises are facing a very difficult time, since the last few weeks. There about 1,000 cotton spinning factories in Cangnan County, Zhejiang Province, but nearly half of the factories have closed or suspended production due to higher cotton price driven by cotton shortage in the market and sluggish sales of their products.

For example, sales price of cotton yarn 14s count is 14,000 Yuan per ton, while price of cotton yarn 21s is 16,000 Yuan per ton, due to which these spinning units are able to generate only meager or no profits.

Cotton price of most commonly used cotton grade 328 is quoting at 13,000 Yuan per ton currently. Market supply and demand has stabilised after the state released additional 600,000 tons of cotton reserves.

Fibre2fashion News Desk - China

Must ReadView All

Apparel/Garments | On 26th Oct 2016

SGS develops 4C chemical management model for apparel

SGS, a leading inspection, auditing, certification, testing, and...

Textiles | On 26th Oct 2016

Platinum Equity acquires International Textile Group

International Textile Group (ITG) has been acquired by Platinum...

Information Technology | On 26th Oct 2016

EFI & Konica Minolta to sell cloud-based MIS solutions

Electronics For Imaging, Inc. (EFI), a global technology company...

Interviews View All

Rahuul Jashnani

‘Online economy has changed the whole dynamics of buying habits.’

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Sonam & Paras Modi

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


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

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


Browse Our Archives


Advanced Search