Home / Knowledge / News / Textiles / Chinese cotton imports skyrocket in 2010
Chinese cotton imports skyrocket in 2010
25
Aug '10
China imported 169,000 tons of cotton in July, 4.7 percent less than June, but up 28.5 percent year on year and import prices continued to rise sharply. The average monthly price reached a new high of US $1,941 / ton, up $107 or 5.9 percent from June, and an increase of 44 percent, year on year.

In the first seven months of 2010, China's total cotton imports achieved 1.714 million tons, up 97.7 percent year on year. In the first 11 months of the cotton season 2009-10, China's total imports of cotton completed 2.264 million tons, up 69.4 percent year on year.

Among importing countries, the United States remained overwhelmingly the largest source country, but its proportion declined slightly; cotton imports from Australia grew fast and bagged the second place, which was occupied by India earlier and Uzbekistan retained the third place.

Cotton imports from the US registered 77,200 tons in July, down 15 percent from the previous month, accounting for 45.7 percent of China's total imports; those from Australia fetched 23,000 tons, up 1.2 times from the previous month, accounting for 29.7 percent of China's total imports.

Imports from Uzbekistan marked 29,000 tons, down 55.6 percent from the previous month, accounting for 7.7 percent and from India, they stood at just 1775 tons, down 74 percent from the previous month, accounting for only one percent of total imports, mainly due to the ban imposed by its government three months.

Import prices of cotton from various countries rose in July. Average import price of US cotton was $1938 / ton, up 5.6 percent from the previous month; Australian cotton was priced $2006/ ton, up 4.2 percent from its last month and Uzbek cotton stood at $1796/ ton, up 2.5 percent from June.

Fibre2fashion News Desk


Must ReadView All

UNIDO, eWTP discuss strengthening ties to back e-commmerce

Textiles | On 25th Apr 2018

UNIDO, eWTP discuss strengthening ties to back e-commmerce

United Nations Industrial Development Organisation director general...

Courtesy: HueTrap

Apparel/Garments | On 25th Apr 2018

Making sustainability affordable is a big challenge

In a lot of instances, being sustainable comes with an additional...

Courtesy: Formosa Petrochemical Corporation

Textiles | On 25th Apr 2018

Formosa to set up petrochemical plant in Louisiana

Formosa Petrochemical Corporation has selected St. James Parish in...

Interviews View All

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Harsh Shah

Established in 1956 with a small beginning, Embee today manufactures a...

Steve Cole
Xerium Technologies

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

Urs Stalder
Sanitized AG

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

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

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

Leave your Comments


April 2018

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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

Yes No

Active Poll

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

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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

Yes No

Active Poll

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

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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

Active Poll

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

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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