Interviews
Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
Download Now
Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
Download Now
Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
Download Now
Your go-to source for news, anytime, anywhere! Insightful industry information from the textile, apparel & fashion world with our news app
Download Now
Cotton prices make Chinese textile units uncompetitive
25 May '12
1 min read
The wide difference in prices of domestic and imported cotton is making operations of Chinese textile enterprises uncompetitive, say experts.
It is estimated that price difference between domestic cotton is between 3000-4000 Yuan / ton.
Secondly, textile enterprises in India and Pakistan have access to low priced cotton, which makes it extremely difficult for Chinese units to compete in global markets.
Many Chinese companies are unable to purchase or import low-cost cotton, due to quota restrictions.
Considering competition from other low-cost countries like Bangladesh and Vietnam, survival has become difficult for the Chinese textile and apparel sector.
It is estimated that price difference between domestic cotton is between 3000-4000 Yuan / ton.
Secondly, textile enterprises in India and Pakistan have access to low priced cotton, which makes it extremely difficult for Chinese units to compete in global markets.
Many Chinese companies are unable to purchase or import low-cost cotton, due to quota restrictions.
Considering competition from other low-cost countries like Bangladesh and Vietnam, survival has become difficult for the Chinese textile and apparel sector.
Fibre2fashion News Desk - China
Popular News
Leave your Comments
Editor’s Pick
Therese Premler-Andersson
Textile Machinery Association of Sweden (TMAS)
Pratik Gadia
The Yarn Bazaar - Filosha Infotech Private Limited
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
