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Related Keywords: bales, Chinese cotton, cotton, cotton trade, Ginners, lint shortage, New York cotton, Spinners

Cotton analyst Naseem Usman said a spell of monsoon rains in Sindh could help growers to go for cotton sowing again in many areas and compensate earlier losses. The world leading cotton markets also maintained an rising drift, with Indian cotton gaining INR100 more to INR 46,600 per candy (356 kg).

New York cotton also recorded modest profits while Chinese cotton closed steady.

Related Keywords: China is the largest importer of cotton yarn, Chinese cotton, Chinese domestic spinners, global imports, imports cotton, Indian cotton yarn, Indian spinners, largest exporter of cotton yarn, Vietnam’s yarn exports to China, yarn production

Exports declined 16.3% during the timeframe even though yarn production increased 3.5% between 2013-14 and 2017-18. The share of exports in total yarn production has come down to 27% in 2017-18 from 33% in 2013-14.

India’s share has dropped to around 26% in 2017 from 30% in 2015 inspite of remaining the largest exporter of cotton yarn in the world.

Related Keywords: CCI, CCTA, China Cotton Textile Association, Chinese cotton, combat growing competition synthetic fibres, foster enhance communication between the two group, jointly promote US raw cotton, La Meccanica Costruzione Tessilli, National Cotton Council of America, NCC signed agreement, textile industries, update on US cotton industry, US-manufactured yarn

America's National Cotton Council (NCC) signed an agreement with the China Cotton Textile Association (CCTA) in Beijing during a recent visit of an NCC leadership delegation to share information with the Chinese cotton/textile industries and update them on the US cotton industry. The agreement to foster enhance communication between the two group, the NCC said in a press release.