Home / Knowledge / News / Textiles / Cotton prices on upward spiral
Cotton prices on upward spiral
Nov '09
Domestic cotton price in China rose in October, due to news of low cotton output in current cotton year and more so due to delayed delivery of new cotton into the market. In October, average price of standard grade was 13,715 Yuan per ton, up 687 Yuan per ton, or 5.3 percent, from the previous month.

November contract of Zhengzhou cotton futures stood at 13,956 Yuan per ton in October, up 636 Yuan per ton or 4.8 percent from the previous month. November contract in national cotton trading market averaged at 14,237 Yuan per ton.

International cotton prices rose sharply, as the US dollar index continued to decline in October, coupled with severe weather occurring in some US cotton areas.

In October, December contract of New York cotton futures averaged at 65.63 cents per lb, up 3.59 cents per lb or 5.8 percent from the previous month and CIF price at major ports in Asia was 68.40 cents per lb, up 4.61 cents or 7.2 percent from the previous month.

The import landing price when converted into Chinese currency and when being calculated on base of 1 percent tariff stood at 12,074 Yuan per ton, 1,641 Yuan per ton lower than China's domestic market price.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Pexels

Fashion | On 23rd Jun 2018

Nigerian bank launches N1 bn fund for fashion entrepreneur

Nigeria’s Bank of Industry has set aside 1 billion Naira (N) to...

Courtesy: Tayal

Textiles | On 23rd Jun 2018

Tayal textile factory in Algeria starts exports to Turkey

Algeria’s largest textile factory, the joint Algerian-Turkish company ...

Courtesy: Manhattan Beachwear

Fashion | On 23rd Jun 2018

Manhattan Beachwear in global partnership with BCBG Group

Manhattan Beachwear, the largest swimwear manufacturer in the US, has ...

Interviews View All

Abhimanyu Singh Rathore & Barbara Anna Kosiorek

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Varinder Singh Jawanda
Trendy Bharat

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

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Urmil Arya

Sushila International, a well established textile organisation established ...

Johan Berlin
InvestKonsult Sweden AB

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

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Ritu Kumar
Label Ritu Kumar

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

Amiben Shroff

From its modest beginning in the late 1960s, Shrujan has grown into a...

Vaanee Bhatia
Gritstones Clothing

<div>Delhi-based Gritstones Clothing offers quality and exemplary style...

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


Leave your Comments

June 2018

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

news category

Related Categories:

Advanced Search