Home / Knowledge / News / Textiles / Local & global cotton prices hike slightly in March

Local & global cotton prices hike slightly in March

23
Apr '07
Cotton sales price in domestic market

According to market observations, the average sales price of standard level (grade three) in domestic market was 13,033 yuan per ton in early March, and rose to 13,045 yuan by mid-March, again increased to 13,047 yuan by the end of March.

The monthly average price was 13,042 yuan; rising 54 yuan compared to the previous month (up 0.4 percent), but less 1,270 yuan from the same period last year, a decline of 8.9 percent.

Cotton price in international market

International spot market price of A index was 59.9 cents per pound in early March, and rose to 60.0 cents in mid-March, but fell to 59.9 cents (about 10,300 yuan per ton, and translated into about 13,300 yuan per ton after plus tariff, VAT and port charges) in late March.

The monthly average price was 59.9 cents per pound, rising 0.7 cents over the previous month (up 1.2 percent), a growth of 1.3 cents over the same period last year, up 2.2 percent.

At New York Board of Trade (NYBOT), recently delivered cotton price was 54.9 cents per pound in early March, fell to 53.7 cents in mid-March, and further dropped to 53.5 cents (approximately translated into 9,200 yuan per ton).

The monthly average price was 54.0 cents per pound, an increase of 0.2 cents over the previous month (up 0.4 percent), 0.3 cents higher than the same period last year and a growth of 0.5 percent.

Fibre2fashion, News Desk - China


Must ReadView All

Pic: Shutterstock/humphery

Textiles | On 18th Sep 2021

China wants to join CPTPP; Japan to consult members to respond to bid

Chinese commerce minister Wang Wentao recently submitted an...

Pic: Shutterstock

Textiles | On 18th Sep 2021

Eurozone GDP recovers quicker than expected after lockdowns: EU report

The eurozone economy recovered more rapidly than considered earlier...

Pic: Shutterstock

Apparel/Garments | On 18th Sep 2021

BGMEA urges Canadian buyers to source apparel from Bangladesh

Bangladesh Garment Manufacturers and Exporters Association (BGMEA)...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Good tidings expected for textile industry

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Textile Industry, Head honchos

Textile Industry
Head honchos

Great step towards realising end goal of 'AtmaNirbhar Bharat'

Seema Mishra,

Seema Mishra

Set up in January 2020 by <b>Seema Mishra</b>, the Kasrawad Art Cluster...

Abdullah Mohammad Saad Hossain,

Abdullah Mohammad Saad Hossain

Saad Group is a leading vertically integrated textile group in Bangladesh. ...

Rajat Kapoor,

Rajat Kapoor

Seraphine is a British maternity brand providing affordable luxury fashion ...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Suresh Patel, Non Woven Federation of India

Suresh Patel
Non Woven Federation of India

The Non Woven Federation of India (NWFI), representing the regional...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

Malaysian company NanoTextile Sdn Bhd taps into the potentials of...

Aprajita Toor, Aprajita Toor

Aprajita Toor
Aprajita Toor

The creations by <b>Aprajita Toor</b> were born out of a deep desire to...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

Acclaimed fashion designer <b>Gavin Migue</b>l is known for his couture...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

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

Leave your Comments


September 2021

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search