The wide gap in prices of cotton in China’s domestic market and other countries has led to a rise in Chinese yarn imports, while showing a decline in their exports, during January to May this year.
The wide gap in prices of cotton in China's domestic market and other countries has led to a #
China imported 830,000 tons of yarn during the five-month period, registering an increase of 25.9 percent year-on-year, according to statistics of Chinese customs. These imports were worth US$ 2.98 billion, up 12.5 percent year-on-year.
The wide gap in prices of cotton in China's domestic market and other countries has led to a #
On the other hand, China exported 1.361 million tons of yarn during the first five months of 2012, showing a decline of 7.3 percent year-on-year.
The wide gap in prices of cotton in China's domestic market and other countries has led to a #
In terms of value, these exports fetched US$ 4.92 billion, a decrease of 13.1 percent year-on-year. Average export price was US$ 3.61 per kg, down 6.24 percent year-on-year.
The wide gap in prices of cotton in China's domestic market and other countries has led to a #
The fall in yarn exports is considered to be the main reason for the decline in prices of Chinese textile products.
The wide gap in prices of cotton in China's domestic market and other countries has led to a #
Fibre2fashion News Desk - China
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