Cotton farmers in Tamil Nadu have been advised to take up sowing of suitable varieties of the white fibre this season (Masipattam – February – March). According to the Tamil Nadu Agricultural University’s Domestic and Export Market Intelligence Cell (DEMIC) sources, the price of the cotton sown now and due for harvest four months down the line in July–August, could either move up or remain at the same level. Price outlook After analysing the price movement in the Konganapuram Cooperative Mark

Shankar-6 variety cotton today closed in Mumbai at Rs 10,095 per quintal. Committee of secretaries of union commerce, agriculture and textile ministry have in their meeting decided to continue with current cotton exports policy. They felt that situation with respect to cotton availability, prices and export is satisfactory. Cotton advisory board has raised exports target for current year to 8 million bales and after relaxing norms for exports registration last week, exports have started pic

Cotton Traders, a British clothing and footwear company celebrating its 25th year in business, has announced it has expanded their offer into Portugal, bucking economic climate and consumer confidence trends. Founded in 1987 by former England national rugby union team captains Fran Cotton and Steve Smith, Cotton Traders began trading into Europe last year in response to customer demand. Offering a 3-day delivery service on all in-stock items at a competitive price of ?6.95 (just over ?8) the

Global cotton production will exceed demand by 1.15 million metric tons in the 12 months starting Aug. 1, Cotlook Inc. said in its first forecast for next season. The surplus will be 3.54 million tons this season, Birkenhead, U.K.-based Cotlook, the publisher of a benchmark cotton index, said today in a statement. World output will drop 7.3 percent to 24.3 million tons, Cotlook said. Production in China, the world’s largest grower, will fall 8.9 percent to 6.65 million. The crop in the U.S.,

Cotton posted its largest one-day loss in nearly a month on Thursday, as prices corrected down from the nine-month highs reached earlier this week and as declining oil and grain prices pressured fiber. The most-active May cotton contract on ICE Futures U.S. fell 1.23 cents, or 1.5 percent, to settle at 83.23 cents per pound. That was fiber's largest decline since falling about 2 percent on Jan. 25. Though prices rebounded after earlier touching as low as 83 cents, they failed to approach the

Tata group company VoltasBSE 0.11 % today said it has joined hands with Swiss textile equipments maker Benninger AG for marketing and selling the foreign firm's products in India. "Voltas and Benninger AG today jointly announced entering into a distribution agreement for sales and marketing of Benninger's products in India," Voltas said in a statement. The cooperation is expected to strengthen the outreach of both Voltas and Benninger across the rapidly expanding Indian textile equipments ma

Cotton yarn exports have grown by a staggering 41.6 percent in the first seven months of the current fiscal whereas the value of these exports has gone up by 32 percent to $1.247 billion, shows data released by the Pakistan Bureau of Statistics. Industry experts say that Pakistan is emerging as the most viable country in basic textiles with millers making every effort to generate energy to keep the momentum going. PBS data for the first seven months of this fiscal shows that textile exports ha

The results of textile and clothing trade for the month of January 2013 showed a slight increase compared to January 2012 for both exports and imports. Indeed, during this month, the sector’s exports posted a slight increase of 0.69% in value for an amount of 448 million dinars. Analysis by sector shows an increase of 1.32% for clothing against a decline of 3.39% for textiles. As for exports, they also rose 7.19% in value against a decline of -2.82% in volume. Source: African manager .

Official statistics released by the Cotton Crop Assessment Committee a few days ago reveal that the cotton target has been missed by 1.3 million bales, due to which textile millers fear they will lose an additional $1 billion in exports in fiscal 2012-13. “A drop of 1.3 million bales means we are about to lose a billion dollar worth of exports,” said Shahzad Ali Khan, chairman of the All Pakistan Textile Mills Association, Punjab. However, unlike Khan, other millers believe that the shortfall mi

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