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

Courtesy: American Apparel

Apparel/Garments | On 25th Feb 2017

Gildan to make some American Apparel products outside US

Gildan Activewear, which recently acquired US fashion brand American...

Courtesy: Kolon Sport

Apparel/Garments | On 25th Feb 2017

Kolon Sport to set up JV with ANTA for Chinese market

Kolon Sport, an outdoor gear and clothing brand of Korea based Kolon...

Designer Karishma Jumani with Niraj Jawanjal, founder and director of IIFW. Courtesy: IIFW

Textiles | On 25th Feb 2017

IIFW to bring together premium lingerie brands

India Intimate fashion Week (IIFW), dedicated to showcasing the...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Awen Delaval
Samatoa

'Natural fibres are appreciated for traditional authenticity'

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Kevin Nelson
TissueGen

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

Mohammad Hassan
Biax Fiberfilm

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

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Rupa Sood and Sharan Apparao
Nayaab

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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