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Related Keywords: cotton industry, ICE cotton

ICE cotton for a second day on Wednesday inched up as trade buying carry on while dealers waited for government and industry reports due within the several days. Trading volumes were subdued with the benchmark March cotton contract on ICE Futures U.S. closing up 0.12 cent, or 0.1 percent, at 85.52 cents a lb.

March prices traded in a tight range of less than one cent throughout the session, supported by the 20-day moving average but never breached the 14-day moving average.

Mounting worries over economic stability in emerging markets has kept markets volatile in recent weeks.

Related Keywords: cotton industry, KCA, Pakistan cotton market

Cotton prices witnessed stability after recording correction for last two consecutive sessions at Pakistan cotton market. There was lack of trading activity happening on Friday; only a few small lot transactions by some needy mills took place.

Related Keywords: cotton industry, cotton prices

After experiencing an upward trend throughout last week, there was sudden change in the undertone of the market with willing sellers coming forward and the prices going down slightly on Tuesday.

Floor brokers said that the availability of quality lint is becoming difficult with each passing day and lower quality cotton is fetching lesser price. There are reports that very little phutti (seed cotton) is left in the cotton fields while the ginners’ stocks are also depleting fast.

Related Keywords: cotton industry, cotton retaliation, US tariffs list

The World Trade Organization gave Brazil the formal go-ahead to impose sanctions on U.S. imports last November after the body ruled the U.S. government spent too much on subsidies for cotton farmers and on an export credit guarantee program. As part of retaliation in a long-standing dispute over U.S. cotton subsidies, Brazil came out with a list of U.S. goods subject to import tariffs on Monday.

Related Keywords: cotton, cotton industry

India cotton prices have recovered by 10 per cent since they bottomed in the first week of December at around Rs 18,500 a bale. Robust demand has supported the price. Export numbers suggests till mid-January, 5.5 million bales have been exported. This means 65 per cent of the total estimated exports of 8.5-9 million bales have been achieved in the first four months of the season. As against this, arrivals have been one-third of the total expected crop of 37.5 million bales during the same period. Clearly, higher demand has driven the prices since December.

Related Keywords: acreage, cotton, cotton industry, Florida cotton

Shaw and Shaw Farms of Alachua usually grow corn, peanuts and soybeans; have planted about 1,500 acres of cotton in 2013, accounting for the majority of the 2,529 acres in Alachua County. That is up from 69 acres countywide in 2011 and 608 acres in 2012, according to the U.S. Department of Agriculture.

Co-owner Buckley Shaw said that the higher cotton prices, compared with a drop in peanut prices, made cotton more attractive in 2013 as they cut way down on peanut acreage to grow cotton for the first time in 10 years.

Related Keywords: cotton industry, cotton output, global cotton

Cotton output in China which is due to start in a few months is predicted to decline 8 per cent on last season’s crop. The total production in the country is predicted to decline further still in 2014-15, to 3.9 million ha.

However, the Communist-ruled Asian nation will still dominate the global market at a total of 4.6 million ha, according to the International Cotton Advisory Committee.

World stocks are projected to reach 20 million tons at the end of the current northern hemisphere season, of which 56 per cent will be held in China.

Related Keywords: China cotton, cotton industry

Cotton stockpiling by China, the world's top cotton buyer is a driver of global prices. China's state cotton stockpile reached 5.5 million tonnes by the end of last week, after the country bought 227,700 tonnes of domestic fibre in its smallest weekly purchase since the middle of October, official statistics showed on Monday.

China's buying for state reserves, now in its third year, influences import demand as it leaves little available for domestic sale and pushes up local prices.

Related Keywords: cotton industry, cotton price, Indian cotton exporter

Indian Cotton exporters who had entered into forward supply contracts with buyers mainly from China for December and January in the range of Rs 38,500-41,000 per candy had to settling them at a loss as when they actually entered market to procure cotton to fulfill that orders. As cotton price has gone up nearly by 10% in last one and half month to Rs 43,000 per candy.

The cotton price had increased to over Rs 43,000 per candy in major markets like Gujarat and at this price level export was not viable as global cotton price was down.

Related Keywords: Cameroon cotton, cotton industry

Cameroon cotton cultivation to have less impact of the changing climatic condition particularly due to conservation agriculture practices adopted by the country as per the new study by researchers from IRD and its partners shows that the expected climate change over the coming decades should not have a negative effect on Cameroonian plantations. Against all odds, their productivity should even improve significantly by 2050.