Home / Knowledge / News / Textiles / Spinners put fresh cotton purchases on hold
Spinners put fresh cotton purchases on hold
04
Jun '10
Cotton trades at the electronic exchange underwent volatility in recently days. Expectations are building up that the state will issue a national policy to regulate the flare-up in cotton prices.

As the state accelerates release of cotton import quotas, contradictions between domestic cotton supply and demand has weakened, due to which procurement attitude of textile mills has changed and now they hold strong wait-and-watch attitude.

The landing cost of imported cotton based on sliding tariff when converted stands at 17,000 Yuan / ton, the price which is much favored by textile enterprises and some textile enterprises have already used up their import quotas.

Mainstream yarn prices in domestic market are stable and firm, delivery situation is better. Prices of 32s knitting yarn are in the range of 27,000-27,500 Yuan / ton and that of 32s combed yarn is 30,500-31,000 Yuan / ton.

Trade volume of cotton yarn is stagnant and factory yarn warehouses are carrying high inventories, due to which spinning mills are not active in cotton procurement in current times and are waiting for prices to fall.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Johan Berlin
InvestKonsult Sweden AB

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Tony Ward
Tony Ward

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

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search