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Related Keywords: cotton bales, Cotton market, global cotton market, KCA, kept to the sidelines, Leading spinners, major factor for poor performance, slow off take of cotton yarn, Slow trading witnessed, spot rate

Slow trading witnessed at the cotton market on Wednesday as leading spinners kept to the sidelines. Overall, the undertone was weak and outlook uncertain. However, some market reports suggest that slow off-take of cotton yarn was a major factor for poor performance of the cotton market.

Trading resumed on overnight dull tone, impacted by the issuance of an statutory release order (SRO) waiving duty and taxes on import of cotton.

Related Keywords: all stages of processing and marketing, Cotton Incorporated and Supima, Cotton USA, global cotton market, Heimtextil, innovation, plans to promote US cotton quality, premium trademark ingredient brand, products made from U.S. cotton, responsible production, trade show for home textiles

COTTON USA is a premium trademark ingredient brand that identifies products made from U.S. cotton through all stages of processing and marketing. COTTON USA plans to promote US cotton's quality, responsible production and innovation at Heimtextil, the world's leading trade show for home textiles to take place on January 10-13, 2017 in Frankfurt, Germany.

Related Keywords: cost of production, Cotton or white gold, domestic cotton purchasing companies, falling prices around the world, global cotton market, negative impact on cotton production, productive industry in Azerbaijan, suffering slow down

Cotton or white gold once a very productive industry in Azerbaijan is now suffering slow down. Over the past 18 years, production has dipped six fold in the country. Moreover, the amount of land allocated to growing cotton has fallen nine fold.

This year in Azerbaijan, more than 14,000 tons of cotton were collected in January-September while last year, the country produced 41,000 tons of cotton. However, fifteen years ago, cotton production was at 91,500 tons.

Related Keywords: China, Cotton Association of India, cotton bales, cotton farmers, cotton harvest, Cotton Textiles Export Promotion Council, global cotton market, India cotton industry, stockpiled cotton

India likely to harvest 40 million cotton bales this year once harvesting begins next month, which will be 8% higher than a year earlier and the highest harvest on record.

Lower-than-normal monsoon rains early in the June-through-September rainy season convinced many farmers to switch to planting cotton, which needs less water to grow. But the rains returned late in the season so now India is likely to have a bumper crop.