• Linkdin

Cotton prices in Xinjiang on the upside

02 Nov '09
1 min read

According to the survey by Xinjiang Cotton Association, purchase price of seed cotton in Xinjiang market was generally steady at 5.8-6.2 Yuan / kg in the early stages of the harvesting period.

Cotton prices have continued to rise since entering October. As of October 20, average purchase price of seed cotton in Xinjiang was 6.4 Yuan / kg, over 1 Yuan per kg higher, when compared with a year earlier.

As cotton price is growing at a faster pace, some farmers are holding on to their stocks on expectations of a getting a better price in the coming months, so they are reluctant to sell harvested cotton.

As of October 20, the autonomous region of Xinjiang acquired 1.07 million tons of lint in total, an increase of 7.72 percent year on year.

Fibre2fashion News Desk - India

Leave your Comments

Esteemed Clients

TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
TEXVALLEY MARKET LIMITED
TESTEX AG, Swiss Textile Testing Institute
Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)
Taiwan Textile Federation (TTF)
SUZHOU TUE HI-TECH NONWOVEN MACHINERY CO.,LTD
Stahl Holdings B.V.,
Advanced Search