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Cotton output to grow 4% in 2016-17

Related Keywords: cotton output, cotton production

Cotton production in 2015-16 season stood at 338 lakh bales (of 170 kg each), Textile Commissioner Kavita Gupta told reporters here after the season's first meeting of the Cotton Advisory Board.
Cotton production is estimated to increase by 3.84 percent in the 2016-17 season (beginning from October 1) to 351 lakh bales compared to the previous year, a top Central Government official said.

Pakistan expects around 11.2 million bales of cotton output this year

Related Keywords: cotton crop, cotton output, cotton prices, cotton production

Pakistan expects 11.2 million bales of cotton output this season as compared to 10 million bales produced last year.

According to sources, the selling price of cotton seeds from Rs 3,000 to 3,200 per 40-KG encouraged farmers to cultivate cotton crops on more land and enhance the cotton production in this season,

The experts and scientists helped train more than 8,000 farmers to overcome losses of cotton crops and evolved measures against the virus which harmed the cotton crops in the past.

Uganda's Textile Industry slowed down due to delayed policy

Related Keywords: attract investors, Common Market for Eastern and Southern Africa, cotton output, exports of unprocessed cotton, hindering policy implementation, lack of funds, Uganda textile industry, Uganda textile policy, value addition

A decade ago, Uganda produced 254,000 bales of cotton annually, each weighing 185kg. About 10 percent of Uganda's annual cotton output is processed locally and 90 percent of its cotton as lint (primary form) is exported as value addition continues to elude the industry due to the delayed National Textile Policy. The country has more than 38 cotton lint exporters with some ginning.

Cotton output of Pakistan down by 33.5pc

Related Keywords: cotton arrivals, cotton crop, cotton ginneries across Pakistan, cotton growers in Pakistan, cotton output, cotton production of Pakistan, crude oil prices, Pakistan Cotton Ginners Association, Pakistan’s textile exports, Punjab ginneries, seed cotton arrival, Textile Industry

According to the report issued by the Pakistan Cotton Ginners Association on Monday, Seed cotton (Phutti) equivalent to 9.475 million tonnes or 9,475,729 bales have reached ginneries across Pakistan as of January 15, 2016 registering a shortfall of 33.5 per cent compared to 14.251m bales a year earlier.

This shortfall would inflict a loss of around $6 billion on GDP — of which $1.5bn would be suffered by cotton growers and $4.5bn by the industry and exporters, experts say.

CCI presumes a depression in cotton output

Related Keywords: aid imports of cotton, cotton bales, cotton corporation of India, cotton output, cotton prices, cotton procurement centres, equitable distribution of cotton, farmers from Telangana, MSP, Santosh Kumar Gangwar, Union Textiles Minister

There is an expected slump in cotton output by 5-10 lakh bales likely this year and an expected rise of cotton prices as some farmers from Telangana have demanded an MSP of Rs 5,000 per quintal.

Earlier, during his meeting with farmers, Union Textiles Minister Santosh Kumar Gangwar had said the minimum support price (MSP) for cotton has been fixed at Rs 3,936-4,100 per quintal, depending on the moisture content.

But his ministry is in constant touch with the Finance Ministry for revising the price upwards.

Lint prices remained firm to tight during first half of this week

Related Keywords: before start of Eid holidays, cotton bales, cotton belts, cotton output, firm to tight, Lint market, lint prices remained, needy buyers made forward deals, Pakistan cotton market, seed cotton, trading session

Some needy buyers made forward deals for all grades during trading session at lint market before the start of the Eid ul Azha holidays from Thursday 24th September lasting till the end of this week. Thus lint prices reportedly remained firm to tight during the first half of this week. Business will now open on next Monday viz the 28th of September 2015.

Fresh selling in fine grades remained dull on back of holiday-like mood of ginners and sellers while buyers were anticipating decline in prices after Eid-ul-Azha, floor brokers said.

Chinese textile industry struggles over slow moving global market conditions

Related Keywords: China labour intensive industries, cotton imports declined, cotton output, cotton reserve, domestic textile manufacturers, garment and textile production, garment and yarn products, global market conditions, Internationa trade at Nankai university, US economy stabilized

Slow moving global market conditions have hit China's labor-intensive industries, especially garment and textile production. As the textile industry struggles, cotton imports declined 44.9 percent year-on-year to 161,200 metric tons in January. This draws attentions to the challenges that domestic textile manufacturers face in a weak world market, according He Jingtong, a professor of international trade at Nankai University in Tianjin.

Declining trend seen on the Pakistan cotton market

Related Keywords: 10 percent growth, cotton output, cotton prices, declining trend, easy trend, higher phutti arrival, KCA, lint price, lower petroleium price, man-made fiber cheap, Pakistan cotton market, Pakistan textile industry, TCP, world market

With higher phutti (seed cotton) arrivals into the market and an ongoing easy trend on world market has lead to further fall in cotton prices on Thursday.

The Karachi Cotton Association (KCA) cut its spot rates for second consecutive session by Rs100 to Rs4,650 a maund, indicating the mounting pressure on lint prices.

The declining trend in lint prices world over has multiplied pressure on the domestic market .

The Trading Corporation of Pakistan’s (TCP) procurement drive seems to be failing as lint prices have dropped by between Rs300 and Rs350 since its start.

Cotton output estimated at 30mn bales in the crop year 2014-15

Related Keywords: 30 million bales, Cotton Advisory Board, cotton output, crop year 2014-15, ministry of agriculture, Ministry of Textiles, sowing area

With a revival in the monsoon, sowing area under cotton although has intensified yet the overall sowing area under cotton was 44 percent lower at 5.6 million hectares (ha) as on July 18, compared with 10 million ha as on the corresponding date last year.
 
India's cotton output is likely to hit a five-year low in the resultant crop year 2014-15 (October-September), due to a steep decline in sowing area on delayed and uneven distribution of monsoon rains because of the El Niño phenomenon. Sowing of cotton was delayed by over a month this year.

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