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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.

Turkey announces investigation into dumping of US cotton in the country

Related Keywords: announced investigation, biggest importer, combed cotton, cotton bales, dumping US cotton, global trade, non carded cotton, price sink, Turkey, Turkish cotton industry, US National Cotton Council, US upland cotton

Turkey, the biggest importer of US upland cotton last year, buying 1.1 million bales worth about $500 million announced the investigation into possible dumping of US cotton in the country, the US government and an industry group said, the third dispute over US cotton in recent years and a sign of rising tensions in global trade as prices sink.

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