At first glance, the Australian Federal Budget has brought a little good and a little bad news for the country’s cotton growers. While agriculture in general has been spared from major cuts in the Budget, the Government has also moved funds within agriculture and other portfolios. However, the National Farmers Federation (NFF) - of which Cotton Australia is a member - has expressed disappointment that the Budget did not do more to demonstrate a vision for Australian farming. Duncan Frase

Despite some anecdotal evidence of a slower pace of purchasing by Chinese buyers, Indian cotton yarn exports during April were the second highest on record, falling just short of the 117,140 tonnes registered in January. Sales registered in April were 31% above the previous month and no less than 85% higher than the year earlier figure. Source: Wtin.

All Pakistan Textile Mills Association (APTMA) Chairman Ahsan Bashir has expressed concern over the prevailing energy crisis and its adverse effect on the textile industry. Bashir said various textile mills are being exposed to 16-18 hours of power disruptions on a daily basis despite an exemption in place around the same time last year to curtail outages to the textile industry on independent feeders. “The non-availability of gas and electricity is causing an adverse impact on the i

Indonesia, one of the leading textile and apparel platforms in the Southeast Asian region, could become the new destination for the global apparel buyers after China, mainly due to low production cost and availability of cheap labor. According to the industry experts of Indonesia, several international clothing manufacturers are investing in the country and it will become the global source for textiles and garments after China. Speaking to fibre2fashion, president director of PT Rejeki Ism

Farmers and ginners have agreed on a minimum cotton producer price of US$35 cents per kilogramme, far way below than what cotton growers expected. Most cotton growers expected a minimum price of US$0.70 cents and upwards, an increase from last season's price of US$0.30 cents per kilogramme. The price was agreed on by the joint president council which comprised of farmers unions presidents and directors and ginners. Announcing the prices in Harare today, the joint presidents' council spokesma

China Africa Cotton last week laid the first stone of the cotton ginning factory in Subué, in Mozambique’s Sofala province, according to Mozambican daily newspaper Notícias. The new industrial unit, which will cost US$6 million, will have capacity to process 30,000 tons of raw cotton and produce 3,000 litres of cooking oil per year, the representative of the Chinese investors, Hu Xiuxiang, told the newspaper. At the ceremony to lay the first stone, Hu noted that China Africa Cotton had a prese

Pakistan’s overall export of textile and clothing witnessed a growth of over six per cent in the first 10 months (July-April) of this fiscal year from a year ago. Export of textile and clothing fell by over 4pc in February 2013, rebounded in March 2013 with an impressive growth of over 13pc. A negative growth of 0.71pc was again witnessed in April 2013 from a year ago. Export proceeds from these sectors witnessed fluctuation in the past few months owing to energy shortages and contraction i

In April, textile cotton purchase was still dominated by reserve cotton release and import cotton, while the spot cotton market was unwelcomed. National commercial cotton carryover stocks changed little over the month, which was much lower than the corresponding time of previous years. The statistics showed that, reserve cotton took most wagons of Xinjiang cotton railway transport, and commercial cotton chose road transportation with 394 vehicles for the month. According to survey to 131 wareho

The latest statistics published by ITMF International Textile Manufacturers Association reveals that, after increasing demand in 2010 and 2011, shipments of textile machinery was in most segments decreasing, but remained at a relatively high level. The sectors with lesser demand, and against 2011, were short spindles (-27 %) and OE open end rotors (-21 %). On the other hand long staple spindles increased by 29 %. Down were also draw texturing spindles (-13 %), shuttle less weaving looms (-44 %)

Speaking at a press conference on May 20, Sheng Danyang, spokesman for the Ministry of Commerce, indicated that the recent accelerated appreciation of the renminbi has had a negative impact on the export competitiveness of Chinese textile and apparel firms. In February, the central government widened the range in which the renminbi can fluctuate on currency markets. As of today, the US dollar/renminbi exchange rate had climbed to 6.1911, a level not seen since 1994. According to Mr Sheng, vo