Home / Knowledge / News / Textiles / Volumes at cotton reserves auction growing

Volumes at cotton reserves auction growing

04
Jul '09
The state had planned to release 45,077 tons of cotton reserves for auction on June 29, of which 11,448 tons were from 2003/04 cotton reserves and 33,629 tons were from 2008 cotton reserves.

After seven hours of intense bidding, actual deal volume was 29,264 tons, of which the total volume and quantity of 2003/04 crop was sold along with 17,816 tons of 2008 crop, with 15,813 tons staying unsold.

As of June 29, cumulative sales from the beginning of the auctions of cotton reserves, touched 466,763 tons, among them, 263,144 tons were 2008 cotton reserves and 203,619 tons was from the 2003/2004 crop.

On June 29, the weighted closing price of 2003 cotton reserves was 12,232 Yuan / ton with an average fibre length of 26.95 mm and that of 2008 cotton reserves stood at 12,718 Yuan / ton, with an average fibre length of 28.22 mm.

Fibre2fashion News Desk - China


Must ReadView All

Pic: Valiantsin Korznikau | Dreamstime.com

Textiles | On 30th Nov 2021

US real GDP rises at annual rate of 2.1% in Q3 2021: BEA

US real gross domestic product (GDP) increased at an annual rate of...

Pic: Stuart Key | Dreamstime.com

Apparel/Garments | On 30th Nov 2021

Turkey’s apparel exports rise 23.39% in Jan-Oct ’21

Apparel exports from Turkey increased by 25.72 per cent year-on-year...

Pic: Komgrit Pradissagul | Dreamstime.com

Textiles | On 30th Nov 2021

Italian firms see Turkey as alternative to Chinese supply chains

Turkey-Italy trade will exceed $20 billion this year and the two...

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

Biggest learning was adaptability

Textile Industry, Head honchos

Textile Industry
Head honchos

Liquidity is a primary issue in Indian context

Kurt Wedgwood,

Kurt Wedgwood

From design to raw material to fabrication and ultimately to delivery -...

Rajesh Vohra,

Rajesh Vohra

A part of the Italy based multinational company Artsana Group, Chicco is...

Aashumi Mahajan,

Aashumi Mahajan

The Luxe Maison is a premiere haute couture e-boutique established after...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, a global association of the nonwoven fabrics industry, has been...

Hemant Bheda, Arevo

Hemant Bheda
Arevo

Arevo, based in Silicon Valley in California, develops technology to...

Keith McMillen, Bebop Sensors

Keith McMillen
Bebop Sensors

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

Abhishek Agarwal, Purple Style Labs

Abhishek Agarwal
Purple Style Labs

Late Indian fashion designer Wendell Rodricks, is known for his...

Rocky Star, Label - Rocky Star

Rocky Star
Label - Rocky Star

<b>Rocky Star,</b> an Indian designer known for his inspiration from the...

Suman Nathwani, Suman Nathwani

Suman Nathwani
Suman Nathwani

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

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