Domestic Cotton Prices Rise And India'S Cotton Imports Doubled
According to a senior member of a trading company in India, the increase in cotton prices in India will lead to nearly two times of cotton imports this year (beginning in October).
According to statistics from India Cotton Advisory Committee, the cotton import volume of India last year was 650 thousand packs (110 thousand and 500 tons). ShirishShah (BhaidasCursondas&Co., a shareholder in Mumbai and chairman of India Cotton Association) said: "the import volume of India textile mill this year should be 100-150 million packages (17-25.5 tons), especially the extra long staple cotton, which will increase with the increase of domestic cotton prices."
本年度印度政府將籽棉最低扶持價格（MSP）大幅上調(diào)近40％，迫使紡織廠不得不選擇價格相對便宜的進口棉來滿足需求。Shah說：“目前印度國內(nèi)的皮棉價格約為21000-22000印度盧比/candy。加工廠方面認為籽棉價格過高，只用像印度棉花公司這種國有公司才會從棉農(nóng)手中購買籽棉。”
他說印度會從西非、美國、埃及和巴基斯坦進口棉花。“國內(nèi)的過高的棉價對出口商也造成不小負擔。目前國外買家對印度棉的進口詢盤價為58美分/磅，但是采購成本過高，印度出口商報價不得不高于60美分/磅。”Shah說，“只有國內(nèi)棉價下跌至20000印度盧比/candy，出口商才有可能介紹較低的報價。”
- Related reading
The State Will Increase The Quantity Of Cotton Storage And Purchase At The Right Time.
|- Finished shoes | The Traditional Footwear Industry Can Be Strongly Resistant To The Industry'S "Severe Winter".
- Finished shoes | China's Footwear Exports To Europe Show A Downward Trend
- Finished shoes | Vietnam'S Footwear Exports Are Seriously Affected By The US Financial Crisis.
- Shoe material excipients | Synthetic Leather Attacks Large Leather Market
- Finished shoes | Hongxing ERK Constant Temperature Outdoor Running Shoes Emerge As The Times Require
- Finished shoes | Leather Industry Officially Started To Amend 7 Standards
- Finished shoes | Shoe Companies Take The Initiative To Challenge The Industry'S Adversity.
- Shoe material excipients | Wall Street Crisis Affects Textile Enterprises To Enter "Severe Winter"
- Finished shoes | Beast Bazaar Shoe Industry Moves To Domestic Department Stores
- Finished shoes | Dongguan Footwear Industry Will Be Unveiled In October 30Th.
- Tax Rebate Rate Increases More Than 40 Textile Enterprises In Jining
- Shunde Textile Enterprises Go To Fujian To Explore The Way To Break Cocoon
- The State Will Increase The Quantity Of Cotton Storage And Purchase At The Right Time.
- More Than 5000 Cotton Merchants In India Hold A Two Day Strike.
- Textile Raw Materials: Australian Wool Market Closed Up 2.3%
- Global Cotton Market Continues To Fall And Market Psychology Has Recovered
- Relying On Regional Brand Three Healthy Development Of Bird Towel
- Anhui East To Seed Cotton Market Active Seed Cotton Prices Remain Stable
- Dislocation Of Downstream Polyurethane Industry Upgrading
- Bayer Polyurethane Joint Venture Moved To Dubai