Home / Knowledge / News / Textiles / Increasing cotton consumption leads to record high imports

Increasing cotton consumption leads to record high imports

22
Mar '08
Shortage of crop led to a massive importation of cotton from across the world. Textile mills in Pakistan recently placed orders for 3.2 million bales of cotton worth Rs45 billion for February 2008.

Statistics provided by industrial sources show that in the period ranging from August 2007 to February 2008, mills in Pakistan imported about 5,19,053 metric tons of cotton.

Experts believe that the volume accounts for the highest ever imports made in the history of Pakistan during this specific period.

The bulky imports, most of which have come from India, have also affected cotton trading at the Karachi Cotton Association (KCA).

Moreover, industrial sources are expecting additional imports of 5,00,000 to 6,00,000 bales amounting to Rs55 billion making the total imports reach around 3.8 to 4 million bales.

Some of the mills have already signed a contract with Indian suppliers for 2 million cotton bales worth Rs3 billion.

However, imports have also been made from countries like USA, Brazil, Egypt, Turkmenistan, Sudan, CIS, Nigeria, Cameroon and Turkey.

Expansion in technology led to increased consumption by textile mills which absorbed some 14.5 million bales of cotton in 2007.

Unfortunately this year again, Pakistan is anticipated to produce a total of only 11.2 million bales.


Interviews View All

Karan Toshniwal, Orange O Tec

Karan Toshniwal
Orange O Tec

Contemporary industry is paying more and more attention to the...

Darshan Mehta, Infinium Polychem

Darshan Mehta
Infinium Polychem

We are spending double digit figures on R&D

Footwear industry, Head honchos

Footwear industry
Head honchos

Personalised and differentiated footwear is in high demand

Pratik Agarwal,

Pratik Agarwal

Breya is a brand of Indo-Western clothes for women owned by ABP Apparels...

Lin Jing,

Lin Jing

Jiangsu New Victor is a Chinese mechanical equipment manufacturing...

Suresh P Bagrecha,

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

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

Tiasha Renganathan, Twinery Innovations by MAS

Tiasha Renganathan
Twinery Innovations by MAS

Twinery-Innovations by MAS is the innovation arm of Sri Lankan company MAS ...

Kazuaki Yazawa, Purdue University

Kazuaki Yazawa
Purdue University

Scientist <b>Kazuaki Yazawa</b> has developed thermoelectric semiconductor ...

Anjali Bhaskar, Samatvam

Anjali Bhaskar
Samatvam

Anjali Bhaskar has an experience of 12 years in the fashion industry. She...

Akta Adani, India Boulevard

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

The Usha Silai label from Usha International is all set for a retail...

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


November 2019

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

Follow us on instagram

Follow

Follow Fibre2Fashion On


Advanced Search