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Related Keywords: China, cotton bale, cotton export, Cotton market, frenetic trading, India, Pakistan cotton grower, Pakistan cotton industry ICE futures, phutti, seed cotton

Pakistan cotton growers and ginners once again faced frenetic trading on the cotton market on Wednesday and looked a bit upset due to strong supply of seed cotton.

According to cotton analyst, the growers and ginners had hoarded phutti in expectations of increase in profit amid tight supply but now phutti arrivals improved significantly, this is factor, which is inducing them to sell huge stock below the expected level.

Related Keywords: cotton buying, cotton export, cotton price, cotton season, cotton yarn export, ICAC report, new crop arrive, Oswal, spinner, textile mill

Textiles mills and spinners has decided put off buying cotton and has taken to wait-and-watch approach to stocking the commodity, as they feel that when new crop arrives in a couple of month, supply will improve and prices will drop.
 

Related Keywords: cotton export, knitwear garment, synthetic fabric, synthetic market, Tirupur textile industry

Tirupur prominent for making quality cotton based knitwear garment as they are unable to generate more revenue with cotton exports, they need to diversify. Synthetic has global market throughout the year and at present, synthetic fabrics for swim wear or sportswear are not manufactured in India. As they have the expertise for this and they need to start the process, stated A Sakthivel, president of Tirupur Exporters Association.
 

Related Keywords: cotton export, Malawi cotton ginnery

Malawi government’s plan to add cotton Ginnery in Karonga District with the vision to not only improve its economy by exporting more volumes of cotton and boost more foreign exchange for smooth running of government but create more employment opportunities is well in line.

The Malawi President commissioned the Ngara Cotton Ginnery in the area of Traditional Authority Mwirang'ombe in the district. This is one of the three [cotton] ginneries constructed in all the regions of Malawi within two years.

Related Keywords: Chinese yuan, cotton export, cotton import in china, Indian rupee, textile export, yarn export

Export of textiles and other goods may be adversely affected if the Chinese currency Yuan continues to depreciate. Year to date, the Yuan has fallen 4.9 per cent against the INR and is predicted to fall further if the current slowdown in China deepens and shadow banking crisis and the defaults worsen.

Related Keywords: cotton export, Indian cotton, Pakistani traders

On one hand Indian exports jeopardize over China unwinding its inventory at the same time Pakistan brings smile on cotton farmers in Maharashtra, as they have started buying loads of cotton from them. In fact, not just Maharashtra, Pakistan is buying cotton from Gujarat and Andhra Pradesh as well.

Due to shortfall of cotton in Pakistan; they are buying it in huge quantities from India, particularly from states like Maharashtra. Also, Indian cotton is not only cheaper but of superior quality. Moreover sourcing the fibre from India reduces transportation costs.

Related Keywords: Camerron cotton industry, cotton export

Cameroon's economy is highly dependent on commodity exports. The bulk of Cameroon's cotton is exported to China and Europe, while about 10% is consumed locally, according to data from the state-run corporation. Société de développement du Coton (Sodecoton) announced 210,000 tonnes as its overall production for 2013 and decrease in Cameroon’s cotton export by 7% to china in 2013.

Related Keywords: cotton export, overseas textile and clothing maker

A plenteous crop and a weaker rupee have made Indian cotton cheaper for overseas textile and clothing makers, many of which are rushing to meet increased orders from the United States and Europe as the global economy picks up.

India, the world's No.2 producer and exporter of cotton, has seen growing appetite from its second and third largest customers, Bangladesh and Pakistan, as well as other key clothing producers such as Turkey and Vietnam.

Related Keywords: cotton, cotton export, cotton yarn, yarn

India has withdrawn incentives for exports of cotton and yarn, a value-added product used by textile mills, an official order said, a move that could cut exporters' margins in the world's second-biggest exporter of the fibre.