Home / Knowledge / News / Textiles / Added-value of textile sector posts good growth
Added-value of textile sector posts good growth
25
Jun '10
According to recent report from the Ministry of Industry and Information, in May this year, the textile industry realized a 12 percent increase of added value, year on year, but was down 0.2 percent from the previous month.

Export delivery value registered an increase of 18 percent year on year, 0.2 percent faster than the previous month.

Among main products, yarn, fabric, and clothing output rose by 16 percent, 15.6 percent and 37.9 percent, respectively, year on year, while chemical fiber output rose by 7.4 percent year on year.

From January to May, the textile industry achieved a 12.9 percent increase of added value year on year, 5.5 percent higher than the same period last year. In the same period export delivery value grew by 15.5 percent, an increase of 6.4 percent year-on-year.

Among main products, yarn, cloth, apparel production rose by 17.4 percent, 17.2 percent and 22.4 percent, respectively, year on year, while Chemical fiber production growth was 15.8 percent year on year.

Domestic cotton prices continued to rise, cotton yarn prices rose sharply. In May this year, domestic cotton price index (328) stood at 17,471 Yuan / ton, an increase of 1,015 Yuan / ton from the previous month, up 36.7 percent year on year.

Prices of polyester chips, polyester staple fiber and polyester filament fell by 1,000 Yuan / ton, 880 Yuan / ton and 950 Yuan / ton, respectively, from the end of the previous month.

From January to May, cotton imports registered 1.37 million tons, an increase of 1.41 times year on year, the average import price was US $1739/ ton, up 36.4 percent year on year.

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Bruckner

Textiles | On 3rd Dec 2016

Indian textile companies opt for Brückner stenter lines

Indian textile firms Laxmipati Sarees, makers of polyester sarees and ...

Textiles | On 2nd Dec 2016

Indian currency crisis impacts global cotton market

The currency crisis in India, marked by insufficient supply of new...

Huang Wei from Fiber Raw Material Dept of Sinopec Chemical Commercial Holding speaking at the Forum

Textiles | On 2nd Dec 2016

Huge potential for nylon consumption: Experts

There is huge potential for increase in nylon consumption said...

Interviews View All

Karan Suratwala
Key Textile Accessories Private Limited

Chinese imports are destroying the supply chain

Veronique Lee
Modavanti

‘Sustainable fashion is trending upwards, slowly but surely, as people...

Victor Chao
Esmetex

‘In future, clothing boundary lines will become increasingly blurred.’

Lynda Kelly
Suominen Corporation

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Prathyusha Garimella
Prathyusha Garimella

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Pranav Mishra
Huemn

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

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