- Part 17

Cotton market remains weak

by admin on 22-11-07

With the end of the Silver Decade, the textile market is still tepid. With the control of epidemic situation in many places, the confidence of downstream textile workers in the market has dropped significantly. The prosperity index of the downstream cotton textile industry is low, and there are f...

Why did the price of yarn fall

by admin on 22-10-31

On October 12, the price of domestic cotton yarn fell significantly, and the market transaction was relatively cold. In Binzhou, Shandong Province, the price of 32S for ring spinning, common carding and high configuration is 24300 yuan/ton (ex factory price, tax included), and the price of 40S is...

Imported yarn the center of gravity of internal and external quotation moves downward, and traders are not eager to ship

by admin on 22-10-31

China Cotton News: According to the feedback of cotton yarn trade in Jiangsu, Zhejiang, Guangdong and other places, since late October, the quotation of ships and bonded cotton yarn from India, Vietnam, Pakistan and other places has continued to fluctuate downward, especially the adjustment of Si...

Decline in factory demand Delayed processing in western regions

by admin on 22-10-31

On September 23-29, 2022, the average price of standard spot in seven major markets in the United States was 85.59 cents/pound, 3.66 cents/pound lower than the previous week, and 19.41 cents/pound lower than the same period last year. During the week, 2964 packages were sold in seven domestic spo...

China’s consumer market continues to recover its overall growth trend

by admin on 22-10-31

In a regular conference held on the 27th, Shu Jueting, spokesman of the Ministry of Commerce, said that since this year, with the implementation of the policy of stabilizing the economy and promoting consumption, China’s consumer market has generally continued to recover its growth momentum...

More Inquiries, Less Actual Orders, Port Inventory Decreases Again

by admin on 22-10-24

According to the feedback of cotton trade enterprises in Qingdao, Zhangjiagang and other places, although ICE cotton futures have fallen sharply since October, and the inquiry and attention of bonded foreign cotton and cargo at the port have increased significantly (in US dollars), buyers are sti...

India’s Cotton Yarn Exports To China Rebounded Strongly Month On Month In August

by admin on 22-10-24

China Cotton News: According to the latest import and export data, India’s total cotton yarn exports in August 2022 will be 32500 tons, down 8.19% month on month and 71.96% year on year, which continues to expand compared with the previous two months (67.85% and 69.24% respectively in June ...

Cotton Prices Enter An Important Observation Period

by admin on 22-10-24

In the second week of October, ICE cotton futures rose first and then fell. The main contract in December finally closed at 83.15 cents, down 1.08 cents from a week ago. The lowest point in the session was 82 cents. In October, the decline of cotton prices slowed down significantly. The market re...

Raw material inventory is gradually consumed, and factory demand may rise

by admin on 22-10-18

Recently, as the Federal Reserve continues to raise interest rates vigorously, the market’s concern about economic recession has become more serious. It is an indisputable fact that cotton demand has declined. The bleak US cotton export last week is a good illustration. At present, there is...

Pakistan The textile tax rebate halved, and the enterprises are struggling

by admin on 22-10-18

The President of Pakistan Textile Mills Association (Aptma) said that at present, Pakistan’s textile tax rebate has been halved, making business operation more difficult for textile mills. At present, the competition in the textile industry in the international market is fierce. Although th...

India The market volume of new cotton gradually increases, and the domestic cotton price drops sharply

by admin on 22-10-15

India’s cotton output is expected to increase by 15% in 2022/23, because the planting area will increase by 8%, the weather and growth environment will be good, the recent rainfall will gradually converge, and the cotton yield is expected to increase. In the first half of September, the hea...

Australia New cotton pre-sale has basically ended, and cotton exports face new opportunities

by admin on 22-10-15

The Australian Cotton Association recently revealed that although the Australian cotton output reached 55.5 million bales this year, Australian cotton farmers will sell out the 2022 cotton in a few weeks. The association also said that despite the sharp fluctuations in international cotton prices...