May '11
The majority of textile SMEs are maintaining raw material inventory of about 15 days only.
In addition, in recent days, prices of imported cotton have dropped extensively, expanding the spread between domestic and foreign cotton. This is expected to exert even greater pressure, on domestic cotton consumption and imports, if cotton yarn imports increase.
Among SM1-1/8"grade cotton, the US C/A cotton was offered at 177.10 cents / lb and when converted, it stood at 29,641 Yuan / ton (calculated by sliding tax), in terms of trade delivery price at general port.
US E/MOT cotton was quoted at 173.67 cents / lb, and when converted, stood at 29,099 Yuan / ton, in terms of trade delivery price.
Australian cotton was quoted at 181.10 cents / lb, and conversion price was 30,306 Yuan / ton. Uzbekistan cotton was quoted at 179.10 cents / lb and when converted, it stood at 29,973 Yuan / ton.
West African cotton was quoted at 204.85 cents / lb and when converted it was 34,154 Yuan / ton.
Fibre2fashion News Desk - China
.jpg)
Must ReadView All
Textiles | On 27th Jul 2017
India becomes US’ 9th largest trading partner in 2016
In 2016, India became the United States’ 9th-largest single-country...
Textiles | On 27th Jul 2017
GST will lead to further increase of MMF prices
The Goods & Services Tax (GST) rolled out on July 1, 2017 is not...
Textiles | On 27th Jul 2017
Global yarn production improved 30% q-o-q in Q1: ITMF
In the first quarter of 2017, global yarn production rose by almost...
Interviews View All
Jurgen Gauger
Spreadshirt
‘Buying crowdsourced or creative designs are much more appealing to the...
Darshan Mehta
Infinium Polychem
We are spending double digit figures on R&D
Anshul Sood
Oceedee
‘Indian footwear market is nascent and largely a trend follower’
Lynda Kelly
Suominen Corporation
Suominen Corporation is a manufacturer of nonwovens as roll goods for...
Marcel Alberts
Eurofibers
Coating at a fibre level is a practice not usually seen in the...
Iago Castro Asensio
RCfil Distribuciones S.L.
Iago Castro Asensio, International Business Manager of RCfil...
Sanjukta Dutta
Sanjukta's Studio
<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...
Jay Ramrakhiani
Occasions Elegance Wear
It is believed that by early 19th century, Varanasi weavers had moved away ...
Karan Arora
Karan Arora
Bridal couture created with rich Indian heritage, exquisite craftsmanship...
Recommended
news category
Related Categories:
Do you think the sustainability space has the needed tools and resources available for a business to lead change?
Yes No SkipDo you think adopting a sustainable approach will be a profitable move for your business?
Yes No SkipDo you want the world to know about your sustainability journey and your business’ environmental footprint?
Yes No SkipThanks for your valuable feedback. Claim your free latest sustainability e-book.
E-News Insight
Latest News Update in Your Mail Box.
