Bangladesh Intends To Import Cotton Directly To Uzbek
Bengal
Commerce Minister Faruk Khan will visit Uzbek in early November 2010, and the two sides will directly import.
At present, Bangladesh imports 1 million 600 thousand bundles (BALE) of cotton from Uzbek each year, accounting for cotton in Bangladesh.
Total import volume
40%, but most of them are indirectly purchased by European traders through entrepot trade. Therefore, the Bangladesh government plans to import directly from Uzbek to reduce prices to stabilize the rising cotton prices in Bangladesh.
At present, the price of cotton in Bangladesh is between 5 and 5.5 US dollars per kilogram, up 1 US dollars from cotton prices in 2009.
Supplement:
The chairman of Meng knitting and garment manufacturers and Exporters Association (BKMEA) and the chairman of the Meng Textile Industry Association (BTMA) held talks with Minister of Commerce Farooq, and urged the government to give policy support, such as opening up the BENAPOLE land ports of Meng and India, and saving 10 cents per kilogram of imported yarn from India.
This year, every kilogram of yarn has risen from $2.5 to $3.75, and cotton prices have risen from 60 cents to 1.2 dollars per pound.
Bangladesh imported 360 cotton plants from India, Pakistan, Uzbekistan, China, Sultan, the United States and parts of West African countries. Last year, the industry generated foreign exchange of 12 billion 500 million dollars.
- Related reading
- Foreign trade information | The United States Imposed A 200 Billion Tariff Countdown For 3 Days, And Over 20 Items Of Textile And Clothing Products Were Excluded From Interpretation.
- Enterprise information | Where Does The Spindle Of Xinye Textile 90% Come From? Quality And Reliability Are Hard Targets.
- Instant news | The Association Of 7 Countries Jointly Launched The China ASEAN Textile And Garment Productivity Promotion Alliance, Which Indicates The Direction Of Industrial Linkage.
- Daily headlines | The Pearl Technology Industry Alliance Is Set Up To Connect Key Enterprises In Knitting And Home Textiles.
- Association dynamics | Exploration Of German Precision Manufacturing! Germany'S Inspection Tour Of Circular Knitting Machine Industry Association Of China Textile Machinery Association
- Fabric accessories | Dry Goods: What Kind Of Fabric Is Tian Jin Brocade?
- Glimpse of exhibition | 2018 Paris Exhibition, Taking The Essence Of Europe And Taking The Road Of Independent Brand In China
- Company news | Internet Rental Platform Rent The Runway Opened Its First Independent Store In San Francisco
- Industry perspective | Price Reduction Is The Only Magic Weapon H&M King Return! Share Price Rose 18%, The Biggest Increase In 17 Years.
- Industry perspective | Men'S Clothing Brands And Young Theatrical Troupes Are Doing More And More Cross-Border Cooperation.
- The Opening Ceremony Of The Asian Games
- Zhengzhou Qu Liang Clothing City "Nesting Phoenix"
- Korean Consumer Price Survey Adds 19 Items, Such As Children'S Clothing.
- The First Three Quarters Of China'S Textile And Clothing Trade Overall Trend Is Good.
- Korean Clothing Industry Aims At Jiangcheng New Market
- The Reserve Rate Will Be Further Raised By &Nbsp; The Short-Term Adjustment Pressure Will Be Reduced.
- Online Shop Cheap &Nbsp, Is Nike'S Conspiracy Or Online Shop Arrogance?
- The Stock Market Is Sluggish &Nbsp; The Reserve Rate Is Temporarily Up To Date.
- 孫立堅：央行上調準備金率而不加息的理由
- Cotton Prices Rose &Nbsp Day By Day, Clothing Export Enterprises "Stop" Stop Loss