;
Home / Knowledge / News / Textiles / Govt decides to buy one lot of 2007 Sinkiang cotton
Govt decides to buy one lot of 2007 Sinkiang cotton
29
Aug '08
Recently, it was reported that cotton producers of Sinkiang Province were suffering as there was no demand and they have been left with huge inventories.

Cotton made in Sinkiang accounts for one third of the whole China's cotton output. It's learned, so far, tens of thousands of cotton made in the province haven't been sold.

Thus, Government has decided to temporarily purchase 150,000 tons of the cotton made in the region last year. This equals the cotton usage of all Chinese textile enterprises within one week.

The purchase price is 13,400 yuan per ton in Sinkiang or 13,600 yuan per ton in other provinces.

Apparently, Chinese Government is also working sucessfully starting the purchase and sale of 2008's cotton.

Fibre2fashion News Desk - China


Must ReadView All

USTR aims for more balanced trade in US-EU trade talks

Textiles | On 23rd Jan 2019

USTR aims for more balanced trade in US-EU trade talks

In negotiations for a trade agreement with the European Union (EU),...

Work on Quaid-e-Azam Apparel Park in Pak to be accelerated

Apparel/Garments | On 23rd Jan 2019

Work on Quaid-e-Azam Apparel Park in Pak to be accelerated

A recent meeting of the Punjab Board of Investment and Trade presided ...

Retail break-up across top 7 Indian cities; Courtesy: Anarock Retail

Apparel/Garments | On 23rd Jan 2019

Indian retail is coming of age: Anarock Retail

From a mere 9 per cent share in 2017, the organised retail market in...

Interviews View All

Top executives, Fabric manufacturers

Top executives
Fabric manufacturers

Domestic manufacturers would get an edge over imported products

Cyril Pereira, Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Jim Desai, Blaiva Fabricaa

Jim Desai
Blaiva Fabricaa

Fashion industry likely to remain labour-intensive in coming years

Akshat Chaudhary,

Akshat Chaudhary

Aizome, Asia's first Fairtrade denim brand, is all set to launch next...

Rikesh Mistry,

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Urmil Arya,

Urmil Arya

Sushila International, a well established textile organisation established ...

Dr. Rene Wollert, Freudenberg Nonwovens

Dr. Rene Wollert
Freudenberg Nonwovens

Dr. Rene Wollert discusses the current scenario of the global nonwovens...

S Ziya Gumuser, Teknomelt

S Ziya Gumuser
Teknomelt

Turkish nonwoven manufacturer Teknomelt has been around for only seven...

Andreas Lukas, Andritz Nonwoven

Andreas Lukas
Andritz Nonwoven

With forces in engineering and process development, Andritz Nonwoven...

Priya Somaiya, Usha Social Services

Priya Somaiya
Usha Social Services

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

Rupa Sood and Sharan Apparao, Nayaab

Rupa Sood and Sharan Apparao
Nayaab

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

Sandeep and Sarah Shaikh Gonsalves, SS Homme

Sandeep and Sarah Shaikh Gonsalves
SS Homme

SS Homme celebrates the craft of traditional tailoring through the bespoke ...

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


January 2019

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

news category


Related Categories:

Advanced Search