Home / Knowledge / News / Textiles / Half of targeted cotton auction plan completed
Half of targeted cotton auction plan completed
09
Sep '10
China released 15,068 tons cotton reserves on September 7 and all of it was traded by conclusion of the day. The weighted transaction price was 18,902 Yuan / ton, up 350 Yuan over the previous day.

As of September 7, the state made available 305,595 tons from the date the auctions began, of which, actual transactions stood at 304,595 tons or 99.7 percent of the total volumes put up. The cumulative volume also accounted for 50.77 percent of the release program.

Average length of all transacted cotton reserves was 28.33 mm; weighted average price was 17,953 Yuan / ton, which when converted in to price of grade 328 variety of cotton stood at 18,290 Yuan / ton (net weight).

Among all the cotton reserves that were traded, the highest intraday price was 19,680 Yuan / ton (net weight) and the minimum price was 18,010 Yuan / ton (net weight).

Fibre2fashion News Desk - China

Must ReadView All

Courtesy: Li & Fung

Textiles | On 29th Mar 2017

Li & Fung introduces new 3-year plan 2017-2019

Li & Fung Limited has outlined its next Three-Year Plan (2017-2019)...

Courtesy: Carrington

Apparel/Garments | On 29th Mar 2017

Carrington Workwear signs JV with TMG Textiles

Carrington Workwear, one of the largest producers of workwear fabrics ...

Apparel/Garments | On 29th Mar 2017

Jabong launches Aeropostale on its platform

Jabong has added leading American high-street fashionwear brand,...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Steve Cole
Xerium Technologies

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

Marcel Alberts
Eurofibers

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Jay Ramrakhiani
Occasions Elegance Wear

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

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
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search