50% Price Increase of Cotton in 2021
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50% Price Increase of Cotton in 2021

Views: 0     Author: Site Editor     Publish Time: 2022-02-03      Origin: Site

50% Price Increase of Cotton in 2021

PPI news, the price of lint at the beginning of 2021 was rmb ¥14,981/ton and rmb ¥22,206/ton at the end of the year. The price rose by 48.23%.


Price change of other raw materials

Item

Price at the Beginning of 2021

(RMB ¥ per ton)

Price at the End of 2021

(RMB ¥ per ton)

Price Change
Spandex
41,400
63,800
+54.11%
Raw silk
318,000442,812.5+39.25%
Polyester FDY
559,286747,000+24.65%
Polyester POY5,940
7,238.89+21.87%
Spun rayon yarn15,233.3318,266.67+19.91%
Polyester staple fiber
5,948
7,076.67
+18.98%
Polyamide DTY17,00019,320+13.65%
Polyamide FDY18,266.6720,075+9.9%


Domestic cotton capacity

According to the State Statistics Bureau, the total capacity of cotton in 2021 was 5.731 millon tons, which was 180,000 tons less compared with 2020 and dropped by 3%.

According to the customs data, the imported cotton in total was 2.15 millon tons in 2021, which dropped by 0.6% compared with 2020. The cotton yarn imported in total was 2.12 millon tons in 2021, which grew by 11.4%.


Textile and Clothing Export

According to the customs data, the total amount of textile and clothing export in 2021 was usd $ 31.54 billion, which increased by 8.38% compared with 2020. The export of textiles was usd $14.52 billion, which decreased by 5.6%. The export of clothes was usd $17.02 billion, which rose by 24%.