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Uncertainty in cotton trade continues
In the recent times cotton prices in the entire major cotton-producing countries have been falling posing problems to the farm community. More than that, the production estimates have also been steadily declining, causing worries to the cotton community.
Cotton & MMF outlook-2020
World cotton production is projected to be lower than its consumption for the fourth year in row. This has marginally supported the cotton prices in CS19 despite the subdued demand.
Value addition stands out
Value-added yarns are growing at a faster pace and hybrid yarns have emerged as a force to reckon with the rise of customer interest in functional values, finds an exclusive report from the ITJ.
A COTTON OF CRISIS
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
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
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.
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