Home / Knowledge / News / Textiles / Cotton prices continue to spike
Cotton prices continue to spike
Nov '09
As acquisition of new cotton is picking pace, there has been an unprecedented increase in prices of cotton in the markets. Purchase price in China is hovering between Yuan 6.8 -7.0 per kg.

In the same period last year, Chinese cotton prices had dipped to just Yuan 4.8 per kg, due to a drop in demand from the textile sector, following the outbreak of the financial crisis.

Due to this cotton farmers suffered huge losses, which in turn led to a lower acreage of cotton in the current cotton season. Cotton planting area in Hubei Province has fallen by more than one million mu (One hectare = 15 Chinese Mu).

Total cotton output of Hubei Province is expected to be about 410,000 tons this year, down 20 percent year on year and traders from other provinces are lining up in Hubei to purchase cotton.

According to experts, the state will not intervene, since higher prices benefit the cotton farmers. In face of intensified competition in cotton procurement market, cotton prices may rise higher in the near future.

Fibre2fashion News Desk - China

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Rahuul Jashnani

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Karan Arora
Karan Arora

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

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