Home / Knowledge / News / Textiles / February witnesses upside in MMF & cotton prices

February witnesses upside in MMF & cotton prices

09
Mar '10
By the end of month in February, prices of cotton yarn rose from those in January. Price of cotton carded yarn 32s stood at 21,500 Yuan per ton, an increase of 400 Yuan per ton from the end of the previous month, and up by 4,000 Yuan per ton, from the same time last year.

The entire textile industry has basically walked out of the predicament of the financial crisis. At present, cotton yarn inventories are not enough as, the main problems faced by enterprises are difficulties in recruitment, which have created some impact on normal production of enterprises and labor costs have also correspondingly increased.

Most enterprises are adopting a wait and watch attitude towards purchasing cotton, as it has been rising in recent times; therefore, transactions in cotton spot market are relatively light. It is expected that cotton trade volume will be increased by mid-March.

In the previous month, market prices of man-made fibre raw material also increased. Price of Polyester Staple Fiber (PSF) stood at 10,600 Yuan per ton by the end of the month, up 100 Yuan per ton from January, while price of Viscose Staple Fiber was 19,500 Yuan, up 650 Yuan per ton from the end of January.

Fibre2fashion News Desk - China


Must ReadView All

Pic: I Love Coffee dot Today / Shutterstock.com

Apparel/Garments | On 7th May 2021

Cambodia's garment exports fall 6.43% in Q1 2021

The value of exports of garments and accessories from the Southeast...

Pic: Sateri

Textiles | On 7th May 2021

Chinese firm Sateri acquires Funing Aoyang's viscose fibre business

Sateri, the world's largest producer of viscose fibre, has entered...

Pic: Shutterstock

Textiles | On 7th May 2021

Korea-based Hanwha Total to expand PP production capacity by 60%

Petrochemical company Hanwha Total Petrochemical (HTC) has invested...

Interviews View All

Textile Industry, Head honchos

Textile Industry
Head honchos

Marry craft and utility

Textile Industry, Head honchos

Textile Industry
Head honchos

One thing is certain, online sales will go up

Textile Industry, Head honchos

Textile Industry
Head honchos

Tech in fashion industry has hit acceleration button

P V Kadole,

P V Kadole

Nine co-operative organisations from Ichalkaranji came together to form an ...

Kriti Kanodia,

Kriti Kanodia

A TV show in 2012 where actor Sonam Kapoor <g...

Rishav Bajoria & Subham Sengupta,

Rishav Bajoria & Subham Sengupta

Launched in October 2020, the Gumti app could not have come at a more...

Dave Rousse, INDA

Dave Rousse
INDA

INDA, the Association of the Nonwoven Fabrics Industry, serves hundreds of ...

Frank Heislitz, Freudenberg

Frank Heislitz
Freudenberg

Freudenberg Performance Materials is a leading global manufacturer of...

Karan Bose, Hula Global

Karan Bose
Hula Global

Hula Global, a leading isolation gown manufacturer in India, has been...

Ramya Rao & Kavea R Chavali, Kalaneca

Ramya Rao & Kavea R Chavali
Kalaneca

<div>The journey of Kalaneca (kala-Art, Neca- Nikaah) formally began in...

Vidur Adlakha & Riccardo Bennidini, La Fuori

Vidur Adlakha & Riccardo Bennidini
La Fuori

With an active presence in US, Italy and India, clothing brand La Fuori...

Sarah Denise Cordery, Sarah Denise Studio

Sarah Denise Cordery
Sarah Denise Studio

Manchester, England-based Sarah Denise Studio provides relevant fashion...

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


May 2021

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


Advanced Search