YnFx logo
FacebookFacebookFacebook

News Tags

warning: Creating default object from empty value in /var/www/html/html/vhosts/ynfx_drupal/modules/taxonomy/taxonomy.pages.inc on line 33.

Modernization in Turkish cotton industry expected to rise demand

Related Keywords: announced three percent antidumping, domestic cotton consumption, expected to rise, get ahead in competitive international textile trade, heavy production will reduce imports, increase quality, investing in new machinery, investing in new technology, lower costs, technology, ten year high next year, Turkish cotton industry, Turkish mills, USDA

Turkey's cotton industry have started investing in new technology as the result its domestic cotton consumption is expected to rise to 6.89m 480 pound bales, a ten year high next year and up 115,000 bales from the previous session, the USDA’s official said.

According to the US Department of Agriculture's bureau in Ankara, Turkish textile exports has raised due to increased sales in Europe, as well as thawing relations with Russia.

Political instability among many of Turkey's neighbours is forcing the industry to focus on competing in the European markets.

Pak cotton production drop to 9.748 mn bales till mid March

Related Keywords: cotton production plunged, data reveales, domestic cotton consumption, due to untimely heavy rains, import of raw cotton, loss of billions of dollars, Pakistan Cotton Ginners Association, poor quality seeds, substandard pesticides, yarn and other textile products

Pakistan Cotton Ginners’ Association (PCGA) data shows that cotton production plunged 34.07 percent to 9.748 million bales up till March 15 of the current season from 14.785 million bales a year ago due to untimely heavy rains, substandard pesticides and poor quality seeds.

A shortfall in the cotton crop continued to worsen this season in the cotton growing areas of Punjab and Sindh.

Copyright © 2014 Centerac Technologies Limited. All Rights Reserved
-->
feedback button