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Related Keywords: brokers, commercial issues, cotton, cotton futures market, cotton logistics, Cotton Yield, farmer’s income, Ginners, Indian Cotton Association, Indian Cotton Federation, Spinners

The conference would focus on commercial issues and participants and speakers were from other countries and different parts of India. The federation would submit its suggestions to the State and Central Governments to improve cotton yield and double farmer’s income, based on the deliberations Agronomy research was one area that India needed to focus on.

Related Keywords: combed yarns, Spinners, Spinning mill, Textile Industry, textile professionals, textile testing instruments, USTER® Statistics, yarn manufacturing, yarn quality

Foundation for USTER® Statistics - The USTER® GGP sparked a new interest in evenness testing by spinners, and led to requests for further quality management tools. The response was the publication in 1957 of USTER® STANDARDS, the precursor of USTER® STATISTICS. This listed unevenness data as U% and CV figures for carded and combed yarns, from GGP® test results collated worldwide. For the first time, spinners were able to benchmark their yarn quality against that of other mills, using objective measurements.

Related Keywords: bales, Chinese cotton, cotton, cotton trade, Ginners, lint shortage, New York cotton, Spinners

Cotton analyst Naseem Usman said a spell of monsoon rains in Sindh could help growers to go for cotton sowing again in many areas and compensate earlier losses. The world leading cotton markets also maintained an rising drift, with Indian cotton gaining INR100 more to INR 46,600 per candy (356 kg).

New York cotton also recorded modest profits while Chinese cotton closed steady.

Related Keywords: Bangladesh Chambers of Commerce and Industry, Bangladesh Textile Mills Association, Ha-Meem Group a leading garment exporter, Jalal Ahmed Spinning Mills Ltd, Little Star Spinning Mills Ltd, Petrobangla, Spinners, spinners currently pay Tk 9.62 for every cubic metre of gas and use Tk 8 to Tk 9 worth of gas to produce a kilogramme of yarn, Titas Gas Transmission and Distribution Company, yarn

Abul Mansur Md Faizullah, chairman of Petrobangla, the state-owned gas and power supplying authority, said the government has imported liquefied natural gas (LNG) to meet the demand in the industrial sector. The government has also removed 122 percent tax on import of LNG, putting only 15 percent VAT in place for this imported gas, he said. He said the government has started giving gas connections to the industrial units. Tawfiq-e-Elahi Chowdhury, energy adviser to the prime minister, said the government would launch a crackdown on Titas to cut corruption.

Related Keywords: after dull trading activity cotton market, cotton bales, cotton prices, falling cotton prices, impacted phutti negatively, KCA, KCE, moving further lower on Tuesday, Punjab quality, Sindh variety, Spinners, spot rate, Textile spinning sector

Cotton prices moving further lower on Tuesday after dull trading activity at cotton market. Falling cotton prices also impacted phutti (seed cotton) negatively, with Punjab quality being quoted between Rs2,700-2,900 and Sindh variety in the range of Rs2,700-3,300 per 40kg. Previously phutti prices were being quoted between Rs2,900-3,500 per 40kg.

However, some buying interest was noted at the lower level as many spinners preferred to cover up their positions amid falling cotton prices.

Related Keywords: better grades of lint, Buyers anticipating upward change in prices, cotton bales, KCA, kept physical prices stable, made forward deals of better grades, major stations of Punjab and Sindh, remained on the higher side, Spinners, spot rate, trading session, trading volumes in second grade of cotton, upcoming trading sessions

Better grades of lint kept the physical prices stable while trading volumes in second grade of cotton remained on the higher side during the trading session in major stations of Punjab and Sindh.

Buyers in anticipation of an upward change in prices in the upcoming trading sessions made forward deals of better grades. Buyers made forward deals for a month period at around Rs 6,550 per maund and Rs 6,600 per maund.

Buyers purchased commodity at a premium price and mills consolidated their inventories in anticipating paucity in coming trading sessions at lint market.

Related Keywords: Cotton market, cotton prices, fairly moderate activity, Ginners, import options, Karachi Cotton Association, replenished stocks at lower level, revival of buying interest, Spinners, spot rates unchanged, substantial export orders, trading ring

Cotton prices stabilizing on Tuesday at cotton market with the revival of buying interest at the lower level. Many small- and medium-sized spinners actively rep­lenished their stocks at the lower level. Consequently, fairly moderate activity was noted when trading ring closed. How­ever, activity remained res­tricted as many leading spin­­ners looked for import options.

Related Keywords: cotton bales, Cotton market, December closing, Karachi Cotton Association, Karachi cotton exchange, kerb market, second grade of cotton, slow down in trading activity, Spinners, spot rates remained unchanged, trading remained slow

Cotton market witnessed slowed down in trading activity due to December closing. At the Karachi Cotton Exchange on Tuesday, trading remained slow, while spot rates remained unchanged.

The spot rates stood firm at Rs7,000/maund (37.324kg) and Rs7,502/ 40kg. Ex-Karachi rates also remained unchanged at Rs7,145/ maund and Rs7,657/ 40kg after an addition of Rs145 and Rs155 as upcountry expenses, respectively.

Related Keywords: amid steady physical prices, Buyers made deals for better, cotton bales, Depleting stocks, focus on better grades of lint, KCE, kept quality conscious buyers, on front foot, premium prices, second grade of cotton, secondary buyers, Spinners, spot rate, trading at lint market

Depleting stocks kept quality conscious buyers on front foot with focus on better grades of lint amid steady physical prices during trading at lint market. Buyers made deals for better and second grade of cotton on premium prices at around Rs 6,725-Rs 6,675 per maund.

Demand for better grades of lint would likely keep sellers in the driving seat until the arrival of 100,000 cotton bales imported. Sellers were steadfast in negotiating on their asking prices on the back of shrinking quality during trading session at major stations of Punjab and Sindh.

Related Keywords: anticipated short supply of better grades, demand for better lint grades, KCE, kept trading firm, leading buyers fortified their long positions, Lint market, making deals for better grades of cotton, Spinners, spot rate remained firm, upcoming trading sessions

At lint market, demand for better lint grades kept trading firm. Leading buyers fortified their long positions by making deals for better grades of cotton at Rs 6,700-Rs 6,750 per maund, on the back of anticipated short supply of better grades during upcoming trading sessions.

Demand for better grades of lint would keep quality conscious buyers make forward deals for a month’s delivery period in coming days.