Home / Knowledge / News / Textiles / Reducing cotton acreage will lead to rise in imports
Reducing cotton acreage will lead to rise in imports
09
Aug '10
Over the past three years, with continuous rise of wheat, corn, rice and other grain prices, cotton acreage has retreated step by step. Cotton planted area has reduced by about 14 million Mu in the last two years (One hectare equals 15 Chinese Mu).

Although cotton price has surged all the way to 18,000 Yuan / ton, since the end of last year, it has not activated farmer's enthusiasm in cotton production and cotton acreage is expected to reduce further in the future.

Industry experts say that Henan, which was the main cotton producing area in China, in the past, planted cotton on around 10 million Mu, but now the cotton under cultivations area in the province has nosedived to just 2-3 million Mu.

Experts point out that, the state provides more subsidies to grains and various grain subsidies amount to 60 to 70 Yuan per Mu, while cotton receives seed subsidy amounting to only 15 Yuan per Mu.

This has induced farmers to go in for cultivation of food grains rather than cotton. A significant reduction in cotton acreage will definitely boost China's demand for foreign cotton and imports of the same are likely to rise in the future.

Fibre2fashion News Desk - China


Must ReadView All

Courtesy: Michael Kors

Fashion | On 25th Jul 2017

Michael Kors to acquire Jimmy Choo

Global fashion luxury brand Michael Kors Holdings Limited has reached ...

Apparel/Garments | On 25th Jul 2017

VF Corp posts $2.4 billion revenue for Q2 2017

VF Corporation has recorded revenue of $2.4 billion, up 2 per cent,...

Textiles | On 25th Jul 2017

Global growth to pick up in 2017 and 2018: IMF

The pickup in global growth anticipated in the April World Economic...

Interviews View All

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Prabu Mohanram
Balavigna Weaving Mills Pvt Ltd

The biggest challenge that the weaving industry faces is high price

Varinder Singh Jawanda
Trendy Bharat

Sizing and fitting issues are inherent problems for companies expanding...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Steve Cole
Xerium Technologies

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

Kevin Nelson
TissueGen

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

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Tony Ward
Tony Ward

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

July 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.


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



X