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Iran hotspot for Indian cotton exporters

Related Keywords: bales, buyer, cotton, Cotton Association of India, exports, India, Iran, trade

Cotton exports to Iran reported a phenomenal jump of 1070 per cent to 1.85 million kg during 2018-19.

Amid slowing raw cotton exports in recent months, India has seen sharp jump in cotton demand from an unexpected buyer, Iran. After many Western nations imposed trade sanctions on it, Iran’s cotton purchases from India has gone up multiple times in recent months.

Going by the DGFT data, India exported 15,877 kg raw cotton (HS Code 52010015 of staple length 28.5 mm and above but below 34.5 mm) during the year 2017-18.
Phenomenal jump

Where does the world's cotton comes from?

Related Keywords: apparel, bales, Brazil, China, clothing, cotton, exports, fiber, market, production, U.S. Department of Agriculture, USDA, world

Cotton is perhaps the most recognized fiber in the apparel market, and is used, either in its pure form or blended with other materials, to make much of the world’s clothing.

The soft, fluffy staple fiber grows in a boll around the seeds of a cotton plant, and the fiber is nearly pure cellulose, the most abundant organic polymer on Earth. Fibers from the cotton plant are spun into yarn or thread and made into fiber, yielding soft, breathable textiles. Cotton is the most widely used natural fiber in clothing today.

Kenya to start growing GM cotton commercially

Related Keywords: bales, cotton, hybrid, Kenya, Nairobi, National Biosafety Authority, NBA, report

Kenya on Wednesday announced plans to start commercial growing of Bt cotton, or genetically modified (GM) cotton.

Charles Waturu, Principal Investigator of GM cotton project, said that the government is expected to release the Bt cotton seeds to 1,000 demonstration sites in all parts of cotton growing areas by November.

The official said a final report on the second National Performance Trials that has been going on in the country will be submitted to National Performance Trials Committee by September.

Falling Indian domestic price gap to boost cotton imports

Related Keywords: bales, Brazil, China, cotton, domestic, prices, raw material, Textile

The continuing contraction in international and domestic cotton prices following higher global production and a decline in domestic output is likely to boost imports further this year, says a report. The gap or spread between global and domestic cotton prices has been on a declining trend owing to higher production in Brazil and China, coupled with a fall in domestic production, says an India Ratings report Tuesday.

Iran aims to be self-sufficiency in cotton production by 2025

Related Keywords: 2025, Agriculture, bales, cotton, Industry, Iran, self-sufficient, Textile, tons

According to Ebrahim Hezarjaribi, the executive of the Cotton Project at the Ministry of Agriculture, Iran’s annual cotton production will reach 386,000 tons by 2025, making the country self-sufficient in using the material in the textile industry.

Last Iranian year (ended March 20), the country’ self-sustainment coefficient stood at about 45%, he said, adding that figure in envisaged to reach 58% this year.

According to him, the cotton sowing area is expected to reach 82,000 hectares this year.

It is expected that 228,000 tons of cotton will be harvested this year, he added.

US cotton tumbles to three year low

Related Keywords: bales, Bloomberg, China, cotton, crop, exports, fibre, low, rain, United States

Cotton is in the grips of the bears, and fresh U.S. supply forecasts coming this week will probably keep it there.

Prices tumbled to a three-year low on Tuesday amid the outlook for big supplies at a time when consumption growth is slowing and American exports are hurting. Hedge funds are holding their biggest-ever bet that the declines will continue. Meanwhile, traders and analysts expect that the U.S. Department of Agriculture will raise its outlook for domestic stockpiles, with the hoard forecast to reach a 12-year high.

Cotton crash looks set to deepen

Related Keywords: bales, China, cotton, exports, global, Imports, supply, traders, Unnited States, USDA

Cotton is in the grips of the bears, and fresh U.S. supply forecasts coming this week will probably keep it there.

Prices tumbled to a three-year low Tuesday amid the outlook for big supplies at a time when consumption growth is slowing and American exports are hurting. Hedge funds are holding their biggest-ever bet that the declines will continue. Meanwhile, traders and analysts expect that the U.S. Department of Agriculture will raise its outlook for domestic stockpiles, with the hoard forecast to reach a 12-year high.

Cotton prices become steady

Related Keywords: association, bales, cotton, crop, export, import, Pakistan, POMA, prices, Sales, seed

Cotton prices were stable on the market on Saturday amidst modest trading. The Karachi Cotton Association kept its spot rate unchanged at Rs8,200.

Cotton experts said a steady trend prevailed in the market as the cotton arrival which is improving with each passing day.

They said the quality of cotton from Sindh is attractive for mill owners. Phutti (seed cotton) from Sindh is priced higher by Rs100 and ranged Rs3,600-4,225 while Punjab variety is pegged at Rs3,550-4,150.

Kenya happy with the Rivatex revival

Related Keywords: ATA, bales, cotton, fiber, government, Kenya, Mills, Rivatex, supply chain, Tanzania, Textile, Uganda

The quest to return Kenya’s cotton farming to profitability has received a vital jolt with the recent reopening of textile factories in the country.

Two weeks ago, President Uhuru Kenyatta presided over the official reopening of the Rivatex textile factory with a strong pitch for more cotton growing in the country. Besides the Eldoret-based cotton processor, Thika Cotton Mills, Bedi Investments and Ken Knit factories have also reopened their doors to cotton-processing.

China cotton association to request waiver from import tariffs on U.S

Related Keywords: bales, China, cotton, export, fiber, import, tariff, Textiles, trade war, United States

The China Cotton Association will submit an application on behalf of its members for a waiver on import duties on uncombed cotton from the United States, according to a statement on its website on Thursday.

The Ministry of Finance posted a list of goods, including cotton that has not been carded or combed, at the end of May that could be eligible for waivers on tariffs that China imposed in July on U.S. goods as part of the China-U.S. trade war.

Waiver applications need to be submitted by July 5.

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