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CAI-USDA meet to sort out crop number discrepancy
A team of CAI Directors led by the CAI President, Atul S Ganatra held a meeting with Dhruv Sood, a local representative of the United States Department of Agriculture (USDA) based in Mumbai very recently to reconcile USDA crop numbers relating to India with the CAI crop numbers.
China signaling buying US cotton
China has started showing interest in buying United States’ cotton. There has been some movement in the United States’ cotton to China, which is a positive signal.
CAI cuts crop estimate by 7 lakh bales
The Cotton Association of India (CAI) has released its March estimate of the cotton crop for the season 2018-19 beginning from 1st October 2018.
Rising cotton price to hit margins of textile cos
Rising cotton prices are set to hit profit margins of textile and apparel players due to their inability to pass on the high production cost on to consumers as seasonal demand is weak.
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