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Related Keywords: cotton exports, cotton industry, US cotton

The upland cotton—the most commonly grown variety in the U.S. net export sales totaled 223,700 bales in the week ended Jan. 9, up 46% from the prior four-week average, the U.S. Department of Agriculture said. It was the largest sales number, minus any canceled orders, since the week ended Dec. 12. Demand for U.S. cotton is picking up, adding to concerns about the availability of supplies of the fiber.

Cotton traded on the ICE Futures U.S. exchange ended at 86.80 cents a pound Friday, putting the one-week gain at 5.1%, the biggest weekly increase since June.

Related Keywords: Cotton ginned and baled, cotton industry, service tax

Cotton will be soon applicable for 12.36% service tax on transport and storage, resulting in price rise. Prices of cotton that's ginned and baled likely to rise as their transport and storage have been deemed ineligible for exemption from service tax by the finance ministry, P Chidambaram.

Consumer affairs ministry officials said that they are yet to review the clarification. They are concerned for cotton as it will have a larger impact and they are still working on it with the finance ministry, one of them said.

Related Keywords: cotton industry, Cotton stockpiling

China out with the policy document late yesterday, is the first official confirmation the policy change will come in 2014, although it does not give more specific details on timing and offers limited information on how subsidies will work. But China, the world's top buyer of raw cotton, will trial direct subsidies for farmers and will scrap its controversial scheme to stockpile the commodities this year, the government said in a policy document.

Related Keywords: cotton, cotton industry, cotton trials

Queensland Department of Agriculture Fisheries and Forestry senior research scientist Paul Grundy says the Central Highlands has experienced a number of wetter seasons in the past field, resulting in bowl losses and lower quality harvests and yields. The study aims to rectify this. By using a biodegradable plastic film, growers may be able to plant in August rather than September encouraging the cotton to flower earlier.

Related Keywords: cotton industry, cotton prices, Karachi cotton market

The Pakistan cotton prices saw an upward trend on Saturday amid brisk activity as the result of strong demand from leading spinners and some exporters. The prices touched seasonal high at Rs7,250 per maund on strong demand, with many deals entered on conditional basis reaching as high as Rs7,600 per maund.

The Karachi Cotton Association spot rates remained steady at previous level and trading on ready counter was fairly brisk.

Related Keywords: cotton fiber, cotton industry, synthetic

To help cotton farmers fend off increasing competition from synthetic fibers. An international collaboration with strong Aggie ties has figured out how to make a longer cotton fiber. A Texas A and M University biologist believes that this could potentially have a multi-billion-dollar impact on the global cotton industry and also help out farmers in the competitive market.

Related Keywords: cotton industry, cotton price, Egypt cotton export

Egyptian rising cotton prices at the local market this year, ensuing a decline in local production brought about by reduced acreage and the lifting of an import ban have hit the Egypt’s cotton exports due to which foreign importers have resorted for a 'hand-to-mouth' buying pattern.

Exports diminished to 17,028 tonnes since the beginning of the marketing season of the cash crop in September 2013, a drop of 45.3 percent compared with the 31,137 tonnes exported in the same period of the previous season.

Related Keywords: cotton industry, cotton prices, interest revives, Spinners

Cotton prices rose higher on Thursday as buying interest revives from leading spinners. The ginners who had been reluctant to dispose of their stocks readily obliged buyers at higher price calls. However, trading remained focused on quality lint as spinners were keen to build upon their stocks to meet expected higher export commitments owing to free-market access to European Union and larger orders booked in Heimtextil fair in Germany, brokers said.

Analysts believe that higher off-take of cotton from spinners earlier this season has now left little stock with ginners.

Related Keywords: cotton industry, cotton producers, Piura

Piura, coastal region in northern Peru during the upcoming cotton campaign have decided to plant cotton on more than 4,000 hectares of land to promote cultivation of cotton, especially in the Lower Piura territory of the region. They aim to restore the status of the region as one of the biggest cotton producers in the country

Related Keywords: cotton industry, cotton prices, trading activity

With ginners asking higher prices for quality lint amid firm demand from millers, trading activity on Wednesday cotton market failed to gain momentum.

Brokers said that prices remained on the higher side due to tight phutti supply and strong demand for lint from spinners. They added that presently phutti stocked by growers is finding its way to ginneries, otherwise, very little has been left behind in the cotton fields.