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Related Keywords: arbitration, Cotton Ginners, cotton textile eco-system, global scenario, hedging, Indian Cotton Federation, Indian Cotton Scenario in the Current Context, Indian cotton sector, needs comprehensive study on challenges, organizing two-day conference, requirements, scope to increase production, textile industry representatives, traders

The Indian Cotton Federation is organizing a two-day conference on “Indian Cotton Scenario in the Current Context 2016-2017” on August 19 and 20 at Coimbatore as the Indian cotton sector needs a comprehensive study on challenges, requirements, and scope to increase production.

About 400 people, including cotton ginners, traders, textile industry representatives, and brokers are expected to participate at the conference. They will deliberate on cotton area, demand, supply and price situations, and sustainable management practices.

Related Keywords: Cotton Association of India, Cotton Ginners, Cotton ginning industry, cotton seed, face tough time, falling cotton prices, low export demand, major buyers like China, raw cotton, realization from processed cotton, Saurashtra Ginners Association, shrinking profit margin

Cotton ginners are in a fix as export demand is less as major buyers like China have not turned up this time. This is hurting realization from processed cotton, thereby reducing profit margins for ginners, said Arvind Patel, Vice-President of Saurashtra Ginners’ Association (SGA), one of the largest clusters of the cotton ginning industry in the country.

Related Keywords: cotton bale, Cotton Ginners, Pakistan cotton production, PCGA

Pakistan ginners by end April 2104 were supplied around 4,76,109 of additional cotton bales, a rise of 3.69 percent over the last year from 1,29,15,585 to 1,33,91,694 cotton bales, according to fortnightly report of the Pakistan Cotton Ginners Association (PCGA).

Of the total 1,33,91,694 cotton bales received by ginners, nearly 1,25,84,496 cotton bales were sold to textile units and exporters bought 3,99,382 bales. A modest cotton trading was seen in the market as exporters showed interest in buying to meet their needs.