>>
Home / Knowledge / News / Textiles / Imports of cotton up m-o-m, but down y-o-y

Imports of cotton up m-o-m, but down y-o-y

22
May '09
According to customs statistics, in April 2009, China imported 145,600 tons of cotton, up 47.38 percent from the previous month, but down 44.74 percent year-on-year; import value fetched US $180 million, up 41.22 percent from the previous month, but down 58.94 percent year-on-year.

International spot cotton prices picked up sharply in April, but China's import prices still declined in April to an average of US $1237 per ton, down 4.18 percent from the previous month and 25.7 percent year-on-year, due to structural changes of cotton varieties in imports and different times of signing relevant contracts.

In the period September 08' to April 09', China's cumulative imports reached 885,200 tons, down 44.22 percent year-on-year; the average import price stood at US $1475 per ton, down 5.8 percent year-on-year.

From amongst importing countries, the United States, Uzbekistan and India were the three main countries which supplied cotton in April, together forming 85 percent of China's total imports, while imports from Brazil, Benin, and Mexico also increased sharply.

Cotton imports from the United States in April were 85,800 tons, accounting for 59 percent of total imports, 6.7 percentage points higher from the previous month; imports from India were 27,600 tons, accounting for 18.9 percent of total imports, 6.3 percentage points higher than March

Cotton shipments in April from Uzbekistan imports from Uzbekistan were 10,500 tons, accounting for 7.2 percent of total imports, down nearly 21 percentage points from March.

In the period September 08' to April 09', shipments of cotton from the US rose significantly. Import proportion of U.S. cotton rose significantly to 65.9 percent from 34.7 percent of the same period last year.

On the other hand, import proportion of Indian cotton declined substantially to 10.6 percent from 41 percent of the corresponding period last year and import proportion of Uzbekistan cotton rose to 7.5 percent from 4.4 percent.

In terms of import prices from major countries, April import prices from most countries were lower than March. Among top ten importing countries, the highest price was from Australia at $1430 per ton and the lowest price was from Burkina Faso at $1101 per ton.

Fibre2fashion News Desk - China


Must ReadView All

Pic: Kanpisut Chaichalor | Dreamstime.com

Textiles | On 7th Dec 2021

China’s central bank cuts reserve requirement ratio to support economy

To support development of the economy, the People’s Bank of China...

Pic:  Iurii Krasilnikov | Dreamstime.com

Apparel/Garments | On 7th Dec 2021

Legislation to extend HOPE & HELP Acts until 2035 introduced in US

Companion bills to extend the Haitian Hemisphere Opportunity through...

Pic: Roman Romaniuk | Dreamstime.com

Textiles | On 7th Dec 2021

Euro area, EU see expansion in volume of retail trade in October

In October 2021, the seasonally adjusted volume of retail trade...

Interviews View All

Florian Heubrandner, Lenzing AG

Florian Heubrandner
Lenzing AG

Cannot see the world breaking away from cotton & polyester

Textile Industry, Head honchos

Textile Industry
Head honchos

Blockchain is not a silver bullet for each and every problem in supply...

Textile Industry, Head honchos

Textile Industry
Head honchos

Liquidity is a primary issue in Indian context

Nantas Montonati,

Nantas Montonati

The Riri Group is a one-stop supplier of metal accessories for the luxury...

Sanjay Vakharia,

Sanjay Vakharia

One of the first few Indian denim brands, Spykar, established in 1992, was ...

Shambhu Nath Jha,

Shambhu Nath Jha

Leading research and consulting firm Fact.MR recently launched a report on ...

Thomas Ong P S, NanoTextile

Thomas Ong P S
NanoTextile

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

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Serkan Gogus, Mogul Nonwovens

Serkan Gogus
Mogul Nonwovens

Mogul is a global player ranked among the top 40 nonwoven producers in the ...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

Designer <b>Suman Nathwani</b> talks about her journey of opening a...

Shalini Sharma & Shweta Pundir Sharma, Six Yard Story

Shalini Sharma & Shweta Pundir Sharma
Six Yard Story

Six Yard Story is a premium artisanal brand with a focus to bring handloom ...

Anju Modi, Label Anju Modi

Anju Modi
Label Anju Modi

Filmfare Award winner for best costume designer,<b> Anju Modi </b>is...

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


December 2021

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


Advanced Search