News Tags

Related Keywords: before the season ends., Cotton Corporation of India auctioned cotton bales, cotton production, cotton spot price decline, cotton yarn, lower cotton imports, remain uncertain, weather volatile

The cotton production outlook remains uncertain, as the weather is still volatile. With the current cotton year ending on September 30, the total stocks at the dawn of the new season would be around 83 lakh bales (170 kg). Of this around 18-20 lakh bales will lie with government agencies. Cotton spot price have already started to decline.

Last year, Cotton Corporation of India procured record quantities of about 87 lakh bales under its minimum support operations. Of these, about 70 lakh bales are expected to be auctioned before the season ends.

Related Keywords: cotton yarn, cotton yarn export, cotton yarn import in bangladesh, cotton yarn import in china, cotton yarn import in Egypt, Spun yarn export

Cotton yarn exports from India have been dwindling month after month, posting 13 months of fall in year on year comparison. And this fall has been called upon by industry body the Cotton Textiles Export Promotion Council as “matter of deep concern”. It has pointed that the withdrawal of Focus Market Scheme for Cotton yarns was also the cause of steep decline in exports to non-conventional markets like African countries like Peru, Morocco etc.

Related Keywords: cotton production not sufficient, cotton yarn, high logistic cost, increase production cost, J Jayalalithaa, man made yarn, meet needs of mills, on cotton, reduce VAT to two percent, SISPA, source from other states, South India Spinners Association, urged TN chief minister

The South India Spinners Association (SISPA)stating that the cotton production in the state is not sufficient to meet the needs of mills are force to source it from other states have urged the Tamil Nadu Chief Minister J Jayalalithaa to reduce VAT on cotton, cotton yarn and man-made yarn from the present five percent to two percent.

Related Keywords: canvas and tarpaulin, cotton carded or combed, cotton yarn, export of towels, in April, Pakistan Bureau of Statistics, Pakistan textile exports, ready made garments increased, tents, textile products increased in trade, witnessed increase

Pakistan textile exports witnessed increase by 2.94 percent recording $1.081 billion in April against the exports of of $1.05 billion same month of last year. Similarly on month on month basis the textile group exports in April also increased by 4.6 percent from $1.033 billion in March 2014 to $1.081 billion in April, according to Pakistan Bureau of Statistics (PBS).

The textile products that witnessed increase in trade include cotton carded or combed export of which increased by 2.49 percent, by going up from $6.1 million last year to $6.253 million this year.

Related Keywords: all future contract, cotton yarn, fall in price, finished higher, ginners holding stock, KCA, Lower level trading activity, New York cotton market, remained steady, Spinners, spot price, witnessed at cotton market, world cotton market

Some trading activity at the lower level was seen at cotton market on Tuesday as buyers were mostly reluctant anticipating fall in prices in the coming days.

However, spinners on their part were also cautious as they are not getting right price for cotton yarn as the market is sluggish and prices are under pressure. Trading remained restricted and limited as some needy mills lifted small lot deals,.

Ginners, who are holding very little stocks of around 240,000 bales, also seem to be in no hurry to dispose of their stocks at current price

Related Keywords: and man-made fibres and yarns, Chinese yarn and fibre market, cotton yarn, flax, Indian Pavilion and Pakistani zone, Indonesian exhibitors, leading fibre and yarn trade event in Asia, of natural and blended yarns, regenerated flax, synthetic fibres, visitor number, witnessed constant growth, wool, Yarn Expo Spring

Yarn Expo Spring 2015, leading fibre and yarn trade events in Asia, wrapped up on March 20 witnessed constant growth in its visitor number. The fair attracted nearly 21,000 trade visitors from 46 countries and regions – with the top five being Mainland China, India, Korea, Turkey and Hong Kong – representing an increase of 3% compared to last year.

The three-day event, which commenced on March 18 in the National Exhibition and Convention Center (Shanghai), was the second edition in Shanghai after it relocated from Beijing in 2014.

Related Keywords: art silk, cotton carded, cotton cloth, cotton yarn, made up textile, Pakistan Bureau of Statistics, Pakistan textile and clothing export, raw cotton export, readymade garment, second consecutive month, value-added products, witnessed negative growth

Pakistan textile and clothing exports in March 2015 witnessed a negative growth of 16.23 per cent to $1.033 billion from $1.233bn in the same month last year. The fall was witnessed for the second consecutive month, after posting a positive growth of 10.23pc in January 2015 as per Pakistan Bureau of Statistics data.

During the first nine months (July-March) of 2014-15, the exports of textile and clothing also witnessed a negative growth of 1.57pc.

Related Keywords: cotton carded, cotton cloth, cotton yarn, export of bedwear, export of textile made ups, Pakistan Bureau of statistic data, Pakistan textile and clothing exports, total export, towels, value added products, witnessed downward trend

Pakistan textile and clothing exports during July-February had witnessed a nominal increase of just 0.47 percent as proceeds reached $9.179bn as compared to $9.136bn a year ago. But in February 2015 it has plunge to $1.087 billion compared to $1.119bn a year ago, a decline of 2.91 per cent, as per Pakistan Bureau of Statistics data on Friday.

Product-wise details show that export of low value-added products, such as cotton yarn, dropped by 0.69pc; cotton cloth 15.47pc; cotton carded 89.25pc; yarn other than cotton yarn 30.88pc and art silk 23.21pc.

Related Keywords: better cotton, cotton crop, cotton waste, cotton yarn, exporter of raw cotton, Ginners, ginning units, high carbon footprint, increase sustainable cotton production, Pakistan cotton grower, significant for Pakistan economy, water intensive crop

Pakistan, the fifth largest global cotton grower and third largest exporter of raw cotton, is among the major growers of cotton in the world. Today, Pakistan is one of the largest exporters of cotton yarn and fourth largest consumer of cotton, which makes cotton crop significant for Pakistan’s economy. As environmental experts regard high carbon footprint of cotton a significant threat to the environment, as it’s a water intensive crop. Measures are being introduced to reduce high carbon footprint of cotton.

Related Keywords: Bangladesh, China, cotton, cotton corporation of India, cotton yarn, cotton yarn spinner, import quota, raw cotton prices, slow moving demand

A sharp decrease in price of raw cotton in domestic market this year has failed to cheer the yarn makers as buyers of cotton yarn are procuring yarn at a negotiated prices. Last year, the cotton yarn manufacturers who made a excess profits due to rally in domestic and international markets are in a somber mood over slow-moving demand and compressed prices.