Home / Knowledge / News / Textiles / Despite slowdown, yarn output posts growth
Despite slowdown, yarn output posts growth
06
Jan '10
China's cotton consumption maintained growth momentum in 2009 and despite the economic crisis leading to a slowdown in the previous year, spinning production too kept pace and registered increase in production.

Cotton yarn output achieved 21.665 million tons from January to November, up 10.4 percent year on year. Cotton imports registered 1.31 million tons, up by 32.6 percent year on year; textile and apparel exports realized US $150.59 billion, down by 11 percent.

Stabilizing production and protecting consumer consumption have become a top priority of China's cotton production. While new cotton price rebounded sharply in 2009, both production and sales were strong.

Farmers aver that the average price of seed cotton was less than 5.5 Yuan / kg in the last two years, and less than 5.7 Yuan / kg in last three years. It has not been able to touch highest level of 6 Yuan / kg, even though cotton prices in the market reached 15,000 Yuan / ton.

Industry people say that cotton planting area may maintain stability if seed cotton price stands at 7.0 Yuan / kg; cotton area will be slightly reduced if seed cotton price touches 6.6 Yuan / kg and will fall significantly if seed cotton price is 6.0 Yuan / kg.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 24th Jan 2017

Textile industry demands relaxation of laws from Budget

The upcoming Union Budget 2017-18 should focus on relaxing certain...

President Donald Trump; Courtesy: White House

Textiles | On 24th Jan 2017

US sets ball rolling for withdrawal from TPP

President Donald Trump has set the ball rolling for withdrawal of the ...

Textiles | On 24th Jan 2017

Indian cotton consumption estimated at 290 lakh bales: CAI

The domestic consumption of cotton during the crop season 2016-17...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Urs Stalder
Sanitized AG

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

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Karan Arora
Karan Arora

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search