Home / Knowledge / News / Textiles / Chinese spot cotton remains stable on June 8
Chinese spot cotton remains stable on June 8
09
Jun '11
Domestic spot cotton market remained stable on June 8, trade between buyers and sellers was rather boring, demand was not large, and sales were less active, resulting in lower market turnover.

China Cotton Index (CC Index) stood at 24,575 Yuan / ton, up 16 Yuan on the day, grade 2 was quoted at 26,603 Yuan / ton, up 3 Yuan, grade 4 was 23,575 Yuan / ton, up 7 Yuan and grade 5 was 22,629 Yuan / ton, up 1 Yuan.

According to market feedback, current trade volume on domestic spot cotton market is still not high, mainly due to hoarding.

Due to the high costs of the hoarded inventory, enterprises are reluctant to sell at low price; therefore, at present, actual price is far from ideal, which makes enterprises less enthusiastic to sell stock.

Textile enterprises will face some pressures if stocks fall and if supply from cotton enterprises continues to be inactive. Cotton trade volume is expected to enhance, as textile enterprises will have to replenish stocks.

Fibre2fashion News Desk - China


Must ReadView All

Apparel/Garments | On 25th Jun 2017

Half of 7,000 new apparel online each day target women

Adobe has released its first Digital Price Index for apparels,...

Textiles | On 25th Jun 2017

First Insight, Chico's FAS enter partnership

First Insight, a technology company transforming how retailers make...

Apparel/Garments | On 25th Jun 2017

Expand changing use of social and web resources

With over 400 million impressions to date and web traffic of over two ...

Interviews View All

Anavila Misra
Anavila Collection

Fashion shows are also encouraging and highlighting sustainable fashion

Sonia Agarwal
Whitenife

‘The terms eco-friendly and organic are common but everyone perceives them ...

Rahuul Jashnani
Jashn

‘Online economy has changed the whole dynamics of buying habits.’

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Igor Chapurin
Chapurin

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Jay Ramrakhiani
Occasions Elegance Wear

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

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:
June 2017

June 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