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Related Keywords: cotton bales, importing cotton from Gujarat, Indian National Ship Owners Association, reduce cost of transportation, revised rate for transportation, SIMA, Tamil Nadu textile mills, use shipping route

Textile mills in the State of Tamil Nadu to reduce the cost of transportation for importing cotton from Gujarat have started to use the shipping route, instead of road. The volume this year increased to 2,600 containers till January as against 1,200 containers of cotton transported by sea last year from Gujarat to Tamil. It is expected to touch about 4,400 containers by the end of this month.

Related Keywords: booked imported cotton, cotton bales, current crop, decreasing supplies remaining with ginner, domestic textile industry, good quality cotton, increase in domestic cotton prices, kapas, lint price, needy mills, Punjab cotton market, ready cotton market, seedcotton, Sindh market

With decreasing supplies of good quality cotton from the current corp (August 2014/July 2015) remaining with the ginners, a further increase was seen in domestic cotton prices on Thursday. In fact, the price for the very meager seedcotton (kapas / phutti) remaining in the market in Sindh reportedly ranged from Rs 1,800 to Rs 2,400 per 40 kgs, while in the Punjab the seedcotton rates were said to have extended from Rs 2,000 to 2,700 per 40 kilogrammes, as per the quality.

Related Keywords: cotton bales, current stocks of cotton, increase in cotton prices, KCA, Pakistan cotton market, short supply and strong demand, spot rate revised, sufficient to meet textile industry demand

Increase in cotton prices was witnessed on Wednesday due to short supply and strong demand from spinners. According to market estimates, the current stocks of cotton in Pakistan are sufficient only to meet textile industry’s demand till end-April.

The delay in sowing of next cotton crop (2015-16) is also creating panic among spinners who will have to wait for another four to five months to get stocks from new crop.

Related Keywords: Bangladesh cotton association, Bangladesh textile mills assocation, cotton bales, delegations, invites buyers and seller, opportunity for networking, organizing two day global summit, readymade garment, second largest cotton importer, textile exports, to support textile and clothing exports

Bangladesh Cotton Association (BCA) with the support and co-operation of Bangladesh Textile Mills Association (BTMA) is organizing a two day global summit and has invited buyers and seller to attend this international trade event to help support its textile and clothing exports.

Bangladesh, the world's second largest cotton importer and it imports more than 90 percent, or 5.5 million bales of cotton annually.

The textile and clothing sector accounted for $24 billion of Bangladesh's $25 billion of goods exports in the fiscal year to end-June 2014.

Related Keywords: cotton bales, official spot rate, Pakistan cotton market, quality lint, selective buying witnessed, Spinners

Pakistan cotton market witnessed selective buying again on Friday amid tight supply of quality lint. Only needy buyers were seen covering their immediate requirement.

In the ready session, around 7,000 bales of cotton changed hands between Rs 4400 and Rs 5200. The prices of seed cotton in Sindh were at Rs 1900 and Rs 2350 and in Punjab rates were at Rs 2000 and Rs 2650. While, the official spot rate remained unchanged at Rs 5000

Related Keywords: busy dealing in fine lint grades, cotton bales, ginning units, KCA, load shedding, majoirty buyers, Pakistan cotton market, power outages, production capacity, spot rate, Textile

Majority of buyers remained busy dealing in fine lint grades as trading remained range bound in cotton market. They made deals for immediate use and fine grades sellers were in driving seat due to paucity of stuff while KCA remained busy taking steps to provide maximum benefit to the weak stakeholders to capitalize maximum on their stuff, floor brokers said on Thursday.

Related Keywords: cotton bales, cotton prices, fine grades, growing demand of end products, KCA spot rate, Pakistan coton market, private sector commercial exporters, replenish stock, textile and ginning units, trading session

The cotton prices remained stable as buyers in cotton market tried to replenish their stocks with quality lint. Most of the buyers remained busy dealing in fine grades. However, buyers bought all grades during trading session in all stations of Sindh and Punjab, while KCA kept spot rate at Rs 4,950 per maund, traders at Karachi Cotton Association (KCA) said on Wednesday.

The stakeholders in Punjab stations remained eager for fine grades for producing better end products but power outages and load shedding in textile and ginning units slowed down production capacity.

Related Keywords: buying quality cotton, cotton bales, cotton trading, Indian yarn, Karachi Cotton Association, local trader to buy, Pakistan coton market, raw cotton, textile mill owners

Cotton trading in Pakistan remained slow as textile mill owners made select buying in quality cotton. However, the Karachi Cotton Association’s (KCA) spot rates remained unchanged.

Floor brokers said that the textile industry, already facing power and gas shortage, was perplexed by Indian yarn and raw cotton finding their way into the domestic market. Local traders are likely to buy the cheaper Indian cotton. The situation kept trade activities slow at local markets.

Related Keywords: Cabotage rule, cotton bales, cotton textile mills, increase in diesel price, infrastructure streamlined, mill sector, Minister of State, Ministry of Shipping, Pon Radhakirishna, push for exemption cotton mills, Texpreneurs

Texpreneurs Forum keep in mind the anomalous increase in diesel price and consequent rise in transportation cost which has seriously impacted the competitiveness of mill sector in the state has urged the Minister of State, Ministry of Shipping Pon Radhakrishnan to exempt all cotton textile mills in the State from Cabotage Rule.

The present Cabotage Rule does not permit the use of foreign vessels in domestic transportation,

Related Keywords: Bangladesh, China, cotton advisor board, Cotton Association of India, cotton bales, cotton consumption, exportable surplus, higher domestic cotton price, Indian cotton exports

Cotton exports is estimated to be between 6.5-7 million bales (1 bale = 170 kgs) this year by trade source as against 11.8 million bales shipment estimated by the Cotton Advisory Board (CAB) during last year. Decline by about 45% this year (October – September) on falling demand from its perennial importers i.e. China and Bangladesh.

China, the largest importer of Indian cotton has reduced cotton import from India in recent months. The second largest Bangladesh has also lowered its dependence on India due to higher domestic cotton prices.