Home / Knowledge / News / Textiles / Cotton market stable, but reality is different
Cotton market stable, but reality is different
Mar '11
According to a report from China Cotton Association, market looks stable but the reality is different. At present, price of better micronaire cotton is steady at 32,500 Yuan / ton while price of lower micronaire is around 32,000 Yuan / ton.

Inland cotton is traded above 30,000 Yuan / ton. These are officially quoted figures but most of the deals take place at negotiated prices which can be less than the officially quoted figures.

In China, cotton yarn market faces hard time, because of slow sale and piling stocks. Even after the Spring Festival, the market has shown no signs of recovery. As a result, textile enterprises have started to reduce ex-factory prices to clear the stocks.

On March 14, Chinese cotton price index (CCIndex328) was 31098 Yuan / ton, down 10 Yuan from the previous closing but 998 Yuan / ton higher than Zhengzhou March contract.

On March 14, China's import cotton price index (FC Index M) was 232.73 cents / lb up 2.64 cents from the previous level. Current import cost based on 1 percent tariff is 7,665 Yuan / ton, higher than China's domestic spot price index (CCIndex328).

At one percent tariff calculation, import cost will be 38,763 Yuan / ton and 39,026 Yuan / ton on sliding tariff.

According to a survey of textile enterprises conducted in February, raw material inventory of textile factories reduced in the month. Though use of imported cotton and Xinjiang cotton increased, cotton consumption of enterprises declined and stocks of yarns and fabrics increased.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 24th Jul 2017

Govt extends deadline for GST composition scheme to Aug 16

The Government on India has extended the deadline for small...

Textiles | On 24th Jul 2017

Irani terms GST as a ‘great step towards transparency’

Union textiles minister Smriti Irani has termed the Goods and...

L-R: Dhanapal, JMD, Best Corporation; Prabhu Damodaran, Convenor, ITF; Narayanasamy, MD, Micro Cotspin; Senthilnathan, MD Rasitex India; and Sabapathy, MD, Prasanna Spinning Mills

Textiles | On 24th Jul 2017

TN mills seek partnership with cotton growing states

Spinning mills in Tamil Nadu are seeking stronger partnership with...

Interviews View All

Rajiv Sirohi

‘Portugal is taking away a major share of the mill made sector.’

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Eric Scholler

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

Eamonn Tighe
Nature Works LLC

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

Kevin Nelson

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Nisha Chanda
Whistling Woods International School of Fashion

<div>A lack of upgraded courses in costume designing and fashion as per...

Jay Ramrakhiani
Occasions Elegance Wear

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

Rupa Sood and Sharan Apparao

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


July 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

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

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

Yes No

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

Yes No

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

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