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Restricted buying by mills and spinners kept cotton rates firm

Related Keywords: cotton bales, Cotton growers, Cotton market, cotton rates firm, official spot rate remained unchanged, phutti rates, Restricted buying by mills and spinners, seed cotton prices unmoved

In the process of restricted buying by mills and spinners, cotton rates were firm at the cotton market on Friday, as per dealers. The official spot rate remained unchanged at Rs 6300. In Sindh, seed cotton prices were unmoved at Rs 2800-3350 while in Punjab, phutti rates held the overnight levels at Rs 2800 and Rs 3550, as per 40 kg.

Pakistan cotton output likely to fall short of target

Related Keywords: assess volume of silver fibre crop, CCAC, competitive support price, Cotton growers, cotton production, cotton seed, current season, drop in prices, farmers under sowed, Federal Committee on Agriculture, high temperature, Pakistan cotton, rains hit cotton cultivation, remain lower

At the beginning of current season, the Federal Committee on Agriculture had projected that farmers would plant cotton over an area of 3.009 million hectares and produce 14.101 million bales. But Pakistan’s cotton produce is expected to remain lower at around 10.542 million bales in the current season because farmers under-sowed the cash crop on the fears of further drop in prices.

Price of long staple cotton expected to remain firm in July-August

Related Keywords: advice farmers on cotton price, analyse monthly prices in Konganapuram, Cotton growers, cotton prices, harvest period, prices of long staple summer cotton on harvest, regulated Tamil Nadu market, take sowing decisions, Tamil Nadu Agricultural University, the last nine years

Tamil Nadu Agricultural University has advised cotton growers to take sowing decisions based on their advisory as prices of long staple summer cotton on harvest are expected to be around Rs. 5,500-5,800 per quintal in July-August.

The major cotton growing districts of Tamil Nadu are Dharmapuri, Tiruvannamalai, Vellore, Perambalur, Tiruchirapallii and Salem.

Lint price remained firm as buyer focused on fine grade

Related Keywords: buyers remained eager for quality lots, capitalize maximum returns on their proceeds, Cotton growers, influx of better grade, KCA, Lint market, made deals for all grades, Mills in Sindh and Punjab stations, Pakistan cotton market, physical price firm, spot rate, trading session

During the trading session, buyers remained eager for quality lots keeping physical price firm in lint market, while prices remained attracted for buyers with less liquidity, traders at the Karachi Cotton Association (KCA) said on Wednesday.

Mills in Sindh and Punjab stations made deals for all grades on cautious note as grade issue was continued. Traders offered all grades of lint on bargaining rates at around Rs 4,975 per maund to Rs 5,450 per maund in order to capitalize maximum returns on their proceeds.

Make in India Week to address agrarian crisis of Maharashtra

Related Keywords: address issue of agrarian crisis in Maharashtra, begin in Mumbai, benefit from textile policy, cherish dream of from farm to fashion, Chief Minister Devendra Fadnavis, Cotton growers, cotton grown, lack of storage facility, Maiden Make in India week, seminar on textile industry, Textile parks, twenty five percent, utilized for value addition

Chief minister Devendra Fadnavis on Monday, speaking on the Maiden 'Make In India' Week which is to begin in Mumbai from February 13 stated that the Make in India Week would address the issue of agrarian crisis in Maharashtra, A dedicated seminar on textile industry is aimed at cherishing the dream of 'from farm to fashion', which would help state's cotton growers.

The CM also said that cotton growers in Vidarbha, Marathwada and parts of North Maharashtra would benefit from the textile policy and that the government would be creating textile parks.

Fine lint continues to be in demand

Related Keywords: capitalise maximum returns, cotton bales, Cotton growers, cotton growing belts, fine lint in demand, ginning units, KCA, Lint market, Mills in Sindh and Punjab stations, month period forward deals, physical prices firm, spot rate, textile sector, trading session

During the trading session, many buyers made deals in fine grade to strengthen their long positions in the lint market that kept physical prices firm. Trader at the Karachi Cotton Association (KCA) also said that some leading buyers made a month period forward deals for all grades on Saturday.

Trading session saw selective buying in lint market keeping prices firm

Related Keywords: Cotton growers, cotton growing belt, Cotton market, grade conscious buyers, KCA, kept physical prices firm, selective buying, Sindh and Punjab spinners, slightly higher price, spot rate, trading session

During the trading session grade-conscious buyers made deals on slightly higher price, while selective buying in lint market kept physical prices firm. Spinners in Sindh and Punjab stations bought all grades on cautious note as grade issue was continue. Traders offered all grades of lint on bargaining rates at around Rs 4,975 per maund to Rs 5,475 per maund in order to capitalize maximum returns on their proceeds on Friday.

TCB working out plan to empower farmers to process cotton themselves

Related Keywords: contract farming, Cotton growers, empowering farmers to process cotton themselves, Ginners, increase their revenue, increase value chains, sell both cotton and its seeds, Tanzania cotton board

The Tanzania Cotton Board (TCB) is working out plan to empower farmers to process cotton themselves and benefit from selling both cotton and its seeds. They are also working on increase value chains in the sector. TCB Director of Finance and Administration Gabriel Mwalo said that under the new system, cotton growers will reap the fruits of value addition.

Currently ginners are the ones who enjoy the lion share of cotton profits making double income, because more than fiber they also earn from oil extracted from cotton seeds.

Focus on fine grade lint was seen during trading week

Related Keywords: Cotton growers, cotton seed, fine grade demand, KCA, Pakistan cotton market, physical prices on firm footing, second grade cotton, spot rate, Trading week

During trading week, fine grade demand combined with buyers’ eagerness for fine and second grade cotton for blending purposes kept physical prices on firm footings. During trading activities sellers demanded slightly higher prices for better grades under slower than expected influx of cottonseed in the ginneries during past week, traders said.

Tajikistan focus to raise cotton yield as it reduces acreage

Related Keywords: build textile plant, cotton export, cotton fiber, Cotton growers, cotton using industries, increase cotton yield, lacking raw material, latest technology and scientific achievement, reduce acreage, Tajik cotton farmer, Tajik textile, textile factory, try out productive foreign seeds

Tajik cotton farmers focusing on increasing its cotton yields for which they are trying out more productive foreign seeds, even as it reduces the acreage devoted to the water-intensive crop.

In the interest of crop diversity and due to ecological concerns, the country's farmers have reduced the farmland planted under cotton by more than 26,000ha to 177,624ha between 2011 and 2014. Over the same period, nationwide cotton production dropped from 415,000 tonnes to 372,000 tonnes per year.

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