Cotton exports decline sharply Mumbai, June 10 (UNI) With the rupee appreciating against US dollar and growing demand for the imported long staple cotton by the mills, cotton exports from the country have dwindled sharply as very few fresh contracts were entered into during the last few weeks. Refresh this page . Forward this News . Print this Page. Cotton exports decline sharply Mumbai, June 10 (UNI) With the rupee appreciating against US dollar and growing demand for the imported long...

Early 2007 finds cotton spinners uncharacteristically concise with their commentary, which may reflect some uncertainty about where the business is headed. All markets are at risk from imports, said an industry observer. You have to experiment with new products or suffer with commodity prices. In the West, for the second consecutive year, California growers intend to plant less area to upland cotton, with the shift this year to ELS cotton and wheat. The company has been fighting a marathon...

While a hurricane in the Gulf throws this whole market sector into a screaming buy, the tendency for a Gulf storm this early in the season is very low, especially with the currently below average water temperatures indicating a later than normal threat to that area. While a hurricane in the Gulf throws this whole market sector into a screaming buy, the tendency for a Gulf storm this early in the season is very low, especially with the currently below average water temperatures indicating a...

The FICCI Survey noted that export prices of Indian products in these 11 sectors has become uncompetitive to the extent of 10% to 12% on an average vis- -vis competing countries' products as a result of rupee appreciation. The survey assesses the impact of rupee appreciation and rising interest rates on the competitiveness of Indian exports. Especially the exports of cotton yarn are adversely affected as the buyers are shifting and sourcing more from Pakistan. China, Pakistan and Iran have...

According to a survey conducted by the CNCRC, the price of cotton is rising as textile manufacturers increase cotton stocks. As the cotton-planting season comes to an end, 74 percent of Chinese textile manufacturers plan to purchase more cotton, which has pushed the cotton price up by 0.8 percent to 13,076 yuan per ton from the end of last month, it said. CNCRC, a state-owned enterprise founded in 2003, is mainly responsible for the purchase, sale, storage, transportation and processing of...