Home / Knowledge / News / Textiles / Cotton & yarn prices climb steeply in Nov
Cotton & yarn prices climb steeply in Nov
10
Dec '10
Cotton and cotton yarn prices continued to rise in November under the impetus of dual impacts from domestic inflationary pressure and a larger gap in cotton supply, both prices set record highs; the pace increase of cotton yarn price was larger than cotton price in November.

High price in cotton and cotton yarn were inevitably transferred to clothing and textile products, and created significant impact on inflation too.

Monitoring shows that the average cotton price stood at 28,442 Yuan / ton in November, up by 14.93 percent from the previous month, monthly increase slowed down, year-on-year increase rose 98.76 percent, and both the price and the annual increase set record highs.

Cotton yarn price also set a new record high in November. The monthly average price of cotton yarn 40s was 32,450 Yuan / ton, the monthly average price of cotton yarn 32s was 39,083 Yuan / ton, representing an increase of 26.03 percent and 21.27 percent, respectively, from the previous month, and up 95.36 percent and 98.69 percent, respectively, year on year.

Considering the influence of the rise in prices of raw materials, fuel, energy power and other costs, the overall profits of the textile sector as a whole are expected to decline.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

View of YiwuTex 2016; Courtesy: YiwuTex

Textiles | On 28th Feb 2017

Smart knitting system to grace 18th YiwuTex 2017

The thematic functional knitting machinery zone at the 18th YiwuTex...

Interviews View All

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Anshul Sood
Oceedee

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Tony Ward
Tony Ward

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

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
February 2017

February 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