Home / Knowledge / News / Textiles / Imperative to release cotton reserves stocks

Imperative to release cotton reserves stocks

01
Jun '09
A comparison between supply and demand in domestic cotton market shows that cotton production touched 7.79 million tons, while imports amounted to 1.5 million tons and level of stocks stood at 4,290,000 tons, including those in national reserves.

From May to September 2009, China's consumption should at least be 3.5 million tons calculated at the rate of 700,000 tons minimum monthly consumption. Survey data indicates that inventories of domestic cotton were 1.36 million tons at the end of April.

Considering inventories as a necessity and not considering it for the purpose of calculation, then the gap is 2.14 million tons, which will need to be filled up till the beginning of the new cotton season in the last quarter of this year.

Cotton experts are of the opinion that it is imperative that the state release the cotton stocks from the national reserves as early as possible to avoid a position of artificial shortage in the country, despite holding such huge amount of stocks.

Fibre2fashion News Desk - China


Must ReadView All

Vietnamese side of the border crossing with Hekou, China. Pic:  Klodien | Dreamstime.com

Textiles | On 27th Nov 2021

Efforts on to boost trade between Chinese & Vietnamese provinces

Trade agencies of Lao Cai province in the northwest region of Vietnam ...

Pic: Shaja | Dreamstime.com

Textiles | On 27th Nov 2021

US’ imports of polyester textured yarn to drop in coming months

The US’ imports of polyester textured yarn of HS code 540233 are...

Pic: Tatiyana Akimova | Dreamstime.com

Textiles | On 27th Nov 2021

Sri Lanka’s textile & garment exports on path to cross $5bn this year

After registering a steep fall of 21 per cent year-on-year to $4.423...

Interviews View All

Footwear Industry, Footwear Retailers

Footwear Industry
Footwear Retailers

Still struggling to mop up higher sales

Textile Industry, Head honchos

Textile Industry
Head honchos

Uniform designing is a numbers game

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

David Guiho,

David Guiho

Headquartered in Apt, South of France, Delta Plus designs, manufactures...

Alberto Gotti,

Alberto Gotti

Danitech was born from the will of a group of technicians to offer the...

Ilker Hacioglu,

Ilker Hacioglu

Founded by three partners of French origin in 1988, LC Waikiki started its ...

Brad Holschuh, Wearable Technology Lab, University of Minnesota

Brad Holschuh
Wearable Technology Lab, University of Minnesota

A new study led by researchers at the University of Minnesota's Design of...

Ian Russell, Pireta

Ian Russell
Pireta

UK-based Pireta has developed a unique free-form process to add durable,...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

Bebop Sensors' smart fabrics allows for a new level of interaction between ...

Abhishek Bajaj & Samiksha Bajaj, Samshek

Abhishek Bajaj & Samiksha Bajaj
Samshek

Samshek is a fashion forward tech brand which combines digital experience...

Gavin Miguel, Label Gavin Miguel

Gavin Miguel
Label Gavin Miguel

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

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


November 2021

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


Advanced Search