To export 200,000 bales of cotton to China,India signs deals

Atul Ganatra, president of the Cotton Association of India expressed that,India the world’s second-biggest cotton exporter, is expected to export 7 million bales (each of 170kg) of the fibre in 2017/18 against 5.8 million bales shipped in the 2016/17 season

Ganatra said earlier that,India is looking to sell 2.5 million to 3 million bales to China in the next season beginning October, up from around 800,000 bales of expected exports in the 2017/18 marketing year

The head of a trade body said that, India has signed contracts to export 200,000 bales of cotton to China in the past one week, after Beijing last week sought to impose tariffs on cotton supplies from the United States

India is looking to sell 2.5 million to 3 million bales to China in the next season beginning October, up from around 800,000 bales of expected exports in the 2017/18 marketing year

Recent Posts

VIP Clothing expands portfolio with premium products

VIP Clothing has entered a new market segment with the launch of branded handkerchiefs while also expanding its presence within…

1 day ago

Cotecna launches advanced testing laboratory in Tirupur

Cotecna has officially opened its new Softlines Testing Laboratory in Tirupur. The inauguration was led by Amit Chopra, along with…

1 day ago

Loop Industries expands recycling technology to Europe and India

Loop Industries has raised €10 mn through a convertible preferred security agreement with Reed Societe Generale Group, an entity under…

2 days ago

OJAS and Maharishi collaborate on capsule collection

OJAS has partnered with Maharishi for a capsule collection in military-inspired aesthetics featuring Maharishi’s Original Snopants, sweatshirt, and a tote…

2 days ago

Red Run expands into menswear with Drop 1 collection

Red Run has announced its foray into menswear with menswear collection, titled ‘Drop 1,’ featuring 10 essential pieces designed for…

3 days ago

INEOS Styrolution launches recycled polystyrene yoghurt cups

INEOS Styrolution, a global leader in styrenics, has successfully completed its first project involving mechanically recycled polystyrene in yoghurt cups.

3 days ago