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Related Keywords: Cotton market witnessed further push in rates, demand and supply, importing cotton to keep balance, mills started forward buying, official spot rate up, rising demand by mills, save from losses

Cotton market witnessed further push in the rates on Wednesday due to the rising demand by mills. It is observed by some leading brokers that the mills have started forward buying to save themselves from losses. The supply position is despite the fact that country is importing cotton to keep a balance between demand and supply.

Related Keywords: balance between shipments, demand and supply, demand for rugs and carpets, fibers and fabrics, growth led by basic mill products, over rest of the year, rise another five percent, strong growth in housing segment, US clothing and apparel segment

The whole the US clothing and apparel segment is slated to rise another 5 percent or so over the rest of the year of 2015. The same figure in 2014 was just one percent. The initial trends in the US textile and apparel industry indicated that 2015 would be fairly a good year.

The growth would be led by basic mill products like fibers and fabrics. However, after their essentially flat 2014 pattern, the more highly fabricated items that include carpets, household furnishings and industrial products, also should begin to show growth at a much faster pace in 2015.