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Bangladesh 2006 - Double yarn production capacity - 2016 Textile information - Textile net - Textile integrated service provider
Over the past two weeks, On February 19th - On March 4) , although the ICE futures prices rose sharply, but most of the Bangladesh yarn prices have been cut. According to statistics, over the past week, 100% pure cotton combed in Bangladesh, 100% organic cotton and 100% combed cotton coarse yarn have cut the price of 5 cents per kg, cut to 1, respectively. 47%, 1. 39% and 1. 33%. At present, the Bangladesh 30 s combed pure cotton, organic cotton and combed cotton coarse yarn price of 3 respectively. $35 / kg, 3. $55 / kg, 3. $70 / kg. Since nearly a month, most of the yarn in Bangladesh has fallen 2%, blended yarn and polyester/cotton blended yarn price fluctuation is not big, the blended yarn has fallen only 0. 58%. At present, the Bangladesh is the world's largest importer of cotton, is also the world's fifth largest cotton consumer. From 2016 to 2017, cotton imports jumped 30% in Bangladesh, this shows that the spinning capacity of Bangladesh is growing rapidly, from 2006 to 2016, Bangladesh's yarn production has more than doubled. According to the U. S. department of agriculture ( 美国农业部) Predictions, fiscal 2018 cotton consumption will continue to surge in Bangladesh. Due to the country's cotton production, cotton consumption are heavily dependent on imports, the international market prices have great influences on the fluctuation of textile enterprises. In response, last month in the global cotton summit held in dhaka, Bangladesh puts forward appropriate measures to increase the local cotton planting area.