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Stable world cotton trade expected in 2015-16
World cotton imports are projected to remain unchanged at 7.6 mn t in 2015-16. While China is likely to remain the world’s largest importer in 2015-16, its imports are forecast to fall by 12 per cent to 1.6 mn t. This represents 30 per cent of its peak volume of imports in 2011-12.
China to start clearing cotton stockpiles?
China will start selling its massive cotton stockpiles this year, in a move likely to depress demand as the country's mills hold off buying in anticipation of sales of discounted fibre. Market rumours have been hinting that China was preparing to release some of its holdings, which have swelled to around 10 million tons more than 40 per cent of world stocks.
Dumping is a two-way traffic. ´Dumpers´ are victims themselves at times. For the global textile industry, which has come a long way since dismantling of quotas in 2005, this is a disputable irritant that rears its ugly head now & then.
IED Communications Automation 2014 to kick off
A flagship event of IED Communications-Automation-is the biggest show in southeast Asia and the second biggest show in Asia after "IAS Shanghai". The ninth edition of Automation 2014 will be held from 15-18 October 2014 at the Bombay Exhibition Centre, Mumbai
WTO expecting modest growth
The World Trade Organization (WTO) economists expected the world trade to grow by a modest 4.7 per cent in 2014 and at a slightly faster rate of 5.3 per cent in 2015.
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