All News

 

+989373755404

Call us for more information

Search
News

China’s cotton

China’s cotton

China’s cotton consumption is bound to see a considerable reduction of almost 1 million tons

As the rapid spread of Covid-19 across all countries has led to the cancelation of export orders for apparel in China’s factories, cotton demand in the country is expected to decline by 0.6-1 million tonnes in 2019-20. This has been expressed in China’s cotton futures market. The most actively traded May cotton contract dipped below 10,000 yuan/mt on Zhengzhou Commodity Exchange in the afternoon of March 24, once to the lowest of 9,935 yuan/mt, which was close to the historical low of 9,890 yuan/mt and has declined by 4,515 yuan/mt from 14,450 yuan/mt appeared on January 14 before the Chinese Lunar New Year.

Chinese domestic cotton consumption, influenced by the export orders, is expected to fall by nearly 1 million tons soon. If the state reserves of cotton do not persist, the stock / consumption ratio is estimated at 55%, up 7% from the previous season. With the ongoing pandemic, global cotton consumption may also see a significant reduction.

Other News

28 Types of Fabrics and Their Uses
news

28 Types of Fabrics and Their Uses

crepe silk fabric polyester
news

crepe silk fabric polyester

What Colours Go With Red Clothes
news

What Colours Go With Red Clothes

How to Wash Pendleton Blanket
news

How to Wash Pendleton Blanket

How To Dye Polyester: The Only Guide You’ll Ever Need
news

How To Dye Polyester: The Only Guide You’ll Ever Need

20 Different Types of Textured Fabric
news

20 Different Types of Textured Fabric

how to make dress longer
news

how to make dress longer

Cotton Poplin Fabrics
news

Cotton Poplin Fabrics

Intertextile Shanghai Apparel Fabrics, Yarn Expo Autumn moved to Oct
news

Intertextile Shanghai Apparel Fabrics, Yarn Expo Autumn moved to Oct

Cotton and Linen Summer Fabrics
news

Cotton and Linen Summer Fabrics

Sri Lanka’s fabric imports drop in May, impact of economic crisis
news

Sri Lanka’s fabric imports drop in May, impact of economic crisis

Stretch Fabric Guide
news

Stretch Fabric Guide

Beaded Fabric
news

Beaded Fabric

Polka Dot Fabric Guide
news

Polka Dot Fabric Guide

How to Clean and Care for Olefin Clothes
news

How to Clean and Care for Olefin Clothes

Tartan Fabric Guide
news

Tartan Fabric Guide

What Are Supima Cotton Sheets?
news

What Are Supima Cotton Sheets?

Types of Fabric A to Z: What You Are Wearing
news

Types of Fabric A to Z: What You Are Wearing

What Is Crepe Fabric?
news

What Is Crepe Fabric?

What Is Flannel and What Is Fleece?
news

What Is Flannel and What Is Fleece?

{"slide_show":3,"slide_scroll":1,"dots":"true","arrows":"true","autoplay":"true","autoplay_interval":3000,"speed":600,"loop":"true","design":"design-1"}

Leave a Comment

WeCreativez WhatsApp Support
Khoshrang.Co support team
Use your smartphone to communicate more easily and better with the support team of Khoshrang Company