Home / Knowledge / News / Textiles / High cotton prices compel mills to change product mix
High cotton prices compel mills to change product mix
02
Oct '10
With cotton prices prevailing at a 15-year high, traders now are considering purchasing cotton in smaller volumes, rather then placing bulk orders as they generally do in the initial six months from start of a new season.

Following the traders, the millers too are considering to accumulate stocks to meet their requirements for just two months, rather than the usual six months.

The textile mills are also apprehensive that the exporters rush for acquiring cotton to secure their November shipments, may further accelerate the cost of the commodity.

A very good exportable variety of cotton is now being traded at record high rates of Rs. 38,500 per candy (1 candy=356 kgs), as against Rs. 22,500 during the corresponding period, a year ago.

An upsurge of around 70 percent has been recorded in the prices of cotton over last year, while yarn prices too have surged by around 50 percent during the period.

In end part of September 2009, whereas 30s count yarn was traded at a price of Rs. 125 per kg, the same is now being traded at a high of Rs. 185 per kg.

40s count yarn prices too have escalated from last year's Rs. 132 per kg to Rs. 197 per kg. October to March period is considered to be decisive for the textile units, as it is during this period that they make bulk purchase of cotton to accumulate it for use, during rest of the year.

But this year the mounting prices have constrained some of the mills to make daily purchases. Also many of the garment producers are now receiving orders for polyester/cotton blends, it being cheaper.

Submitting to client's demands, some of the companies have even started producing fabrics and garments using polyester/cotton blends, since the last two months.

Fibre2fashion News Desk - India


Must ReadView All

Textiles | On 20th Sep 2017

India needs to double cotton farmers’ income: top official

India needs to double the income of cotton farmers and non-farmers...

Textiles | On 20th Sep 2017

Pakistan seeks more JVs with China: textile minister

The Pakistani Government wants to forge more joint ventures (JVs)...

Apparel/Garments | On 20th Sep 2017

Egypt’s garment exports touch $941 million in 8 months

Egypt's garment exports touched $941 million in the first eight...

Interviews View All

Karin Ekberg
Leadership & Sustainability

Sustainable models are beneficial for brands, retailers and manufacturers

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Giorgio Mantovani
Corman S.p.A

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

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,...

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

Rupa Sood and Sharan Apparao
Nayaab

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

September 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

Active Poll

Do you see sustainability as a route to business growth?

Yes
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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