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 28th Jun 2017

GST and textiles industry: Analysis and opinion

The Goods and Services Tax (GST) is at long last all set to be rolled ...

Textiles | On 28th Jun 2017

India probing dumping of polyester yarn by China

Indian government is probing anti-dumping allegations against a...

Courtesy: Raymond

Apparel/Garments | On 28th Jun 2017

Raymond plans to invest Rs 1,400 crore in Amravati plant

Raymond, Indian textiles and apparel major, has decided to invest Rs...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

DK Sharma
Velocity Apparelz

We constantly communicate with employees at all levels

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Steve Cole
Xerium Technologies

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

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:
July 2017

July 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