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A COTTON OF CRISIS
February 2019
All is not well on the cotton front! Fall in production and acreage, and wild fluctuations in the prices beginning late last year have dampened the spirit of the industry. On the farm front, ravages of bollworm have added to the woes of the suppliers.
Price volatility, a hurdle to cotton industry growth
February 2019
The cotton price has been fluctuating in tandem with international price unlike earlier cotton seasons. The global cotton price ruled high during the last cotton season which continued till the beginning of the new season.
India’s cotton yarn exports fall
September 2017
According to data compiled by the Cotton Textiles Export Promotion Council (TEXPROCIL), Indian cotton yarn exports witnessed a fall of 9.79 per cent in the first four months of fiscal 2017-18. Exporters cite slow pick up by China and Bangladesh, the two big target markets comprising around half of the cotton yarn shipments from India, for the decline.
Cotton situation stable
March 2017
In India, this season’s 65 per cent of cotton crop has arrived and if the price stability is maintained, it will be win-win for the cotton and textile sectors
India’s cotton yarn exports dip
December 2016
Cotton yarn exports in India declined by 11.58 per cent in terms of value and 4.44 per cent in terms of volume during April - June this year compared to the same period last year. Cotton yarn exports to China, being the major consumer has declined. China imported 149.66 million kg of cotton yarn during the first three months of last financial year (2015-2016) and it dropped to 99.09 million kg during the same period this year. The decline in exports started in April 2014.
India’s cotton yarn exports dip
November 2016
Cotton yarn exports in India declined by 11.58 per cent in terms of value and 4.44 per cent in terms of volume during April - June this year compared to the same period last year. Cotton yarn exports to China, being the major consumer has declined.
Spinners see only dark tunnel ahead
September 2016
In my business life, I have not seen a worse situation than this, where such a big disparity is there between spot cotton prices and yarn prices. This disparity for such an extended period of time shows there is a deep rooted problem and it’s not a temporary feature. The current isolated spurt in Indian cotton prices has aggravated the situation to an extent that many can hear the death knell. The more disturbing fact is that no domestic yarn buyer is hassled or is rushing to buy yarn-they know cotton prices have moved 50 per cent and yarn just 20 per cent-still no anxiety! International buyers have diverted their orders as cotton in India has increased much much more in comparison to international cotton prices.
Ups & downs in 2015
January 2016
Global growth is forecast at 3.5 per cent in 2015 and 3.8 percent in 2016, with uneven prospects across the main countries and regions. Growth in emerging market economies is softening, reflecting an adjustment to diminished medium-term growth expectations and lower revenues from commodity exports, as well as country-specific factors.
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