Home / Knowledge / News / Textiles / Cotton prices continue to march
Cotton prices continue to march
28
Jul '10
In June, average price of standard grade lint in Chinese mainland was 17,776 Yuan / ton, up 965 Yuan / ton or 5.7 percent from the previous month.

The average price of July contract at National Electronic Cotton Market was 18,678 Yuan / ton, up 633 Yuan / ton or 3.5 percent from the previous month and the settlement price of July contract at Zhengzhou cotton futures was 18,362 Yuan / ton, up 831 Yuan / ton, or 4.7 percent from the previous month.

In June, weak economic data of major economies in the world intensified market concerns over prospects of economic recovery; prices of commodity futures generally fell.

Spot prices in international cotton market rose slightly affected by tight supplies. Average price of July contract at New York cotton futures market was 81.43 cents / lb in June, down 0.06 cents / lb or 0.1 percent from the previous month.

Average price of imported cotton in terms of CFR and after taxes was 16,192 Yuan / ton based on calculation of 1 percent tariff, up 443 Yuan / ton, or 2.8 percent from the previous month, but 1,584 Yuan / ton below domestic market price.

Average price of imported cotton in terms of CFR and after taxes was 16,605 Yuan / ton based on calculation of sliding tariff, up 438 Yuan / ton, or 2.7 percent from the previous month, but 1,171 Yuan / ton, below domestic market price.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Marcel Alberts
Eurofibers

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

Jay Ramrakhiani
Occasions Elegance Wear

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

Ritu Kumar
Label Ritu Kumar

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

Tony Ward
Tony Ward

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

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search