Cotton

Indian Govt Initiates Pilot Project To Hike Cotton Output

Textile Insights November 30, 2023

The Indian government through the Textiles Ministry has initiated a pilot project in 10 states involving 15,000 farmers to hike output of the very best Indian cotton quality, by adopting best worldwide agricultural practices. “The outcome of this pilot project is expected in January 2024 and

Cotton

Louis Dreyfus Bids $109mn For Full Takeover Of Namoi Cotton

Textile Insights November 29, 2023

Singapore-based agricultural group Louis Dreyfus has bid for a full takeover for Namoi Cotton, which is an Australian owned and operated company with the largest network of cotton gins in the country. Louis Dreyfus currently has a 17 percent stake in Namoi Cotton and is also a partner in two joint ventures with Namoi. Louis […]

Cotton

Biggest Chinese Cotton Growing Region Turns Into Textile Hub

Textile Insights November 28, 2023

Xinjiang province in China which accounts for 90 percent of total Chinese cotton production is now becoming a textile and apparel production centre. As of date, there 3,720 textile and clothing manufacturers compared to only 711 in 2014 Attracted by the advantage of easy cotton availability, 1,340 of the 3,720 companies have invested from outside […]

Cotton

China’s Sustainable Cotton Acreage Touches 1.2 Million Acres

Textile Insights November 27, 2023

Cultivated acreage of Chinese sustainably grown cotton has touched 1.2 million acres in Xinjiang province, which accounts for 90 percent of overall Chinese cotton production. The province is projected to produce 170,000 tons of sustainably grown cotton in the 2023-24 season. The sustainable cotton project is being managed by the China Cotton Association under an […]

Cotton

Shankar-6 Cotton Price Down 15.45% From Same Time Last Year

Textile Insights November 27, 2023

The price of Gujarat grown Shankar-6 variety of cotton on October 25 was Rs 55,800 per candy of 356 kg each as compared to Rs 66,000 per candy a year ago, or down 15.45 percent. Since cotton prices have remained subdued, the Cotton Corporation of India (CCI) has purchased nearly two lakh bales of 170 […]

Cotton

CCI To Procure One Million Bales Of Kasturi Brand Cotton

Textile Insights November 24, 2023

Government owned Cotton Corporation of India (CCI) is set to procure over one million bales of premium Kasturi cotton in the current season that began in October. “India’s cotton output for the 2023-24 season is projected at 36 million bales of 170 kg each, Lalit Kumar Gupta, CMD of CCI told Mint. Last season the […]

Cotton

Better Cotton Programme To Support Chad Farmers

Textile Insights November 23, 2023

Cotontchad, a Chad based aggregator and exporter of cotton convened a multi-stakeholder event in Chad to explore the potential for a Better Cotton Programme. Better Cotton, Cotontchad, and IDH gathered key stakeholders from Chad’s cotton industry in the country’s capital, N’Djamena, to discuss the potential for the launch of a new Better Cotton Programme. The […]

Cotton

Australia Can Export 50,000 Tons Tariff Free Cotton To India

Textile Insights November 23, 2023

50,000 tons of Australian cotton can now be exported to India at zero percent import duty as against the 11 percent import duty imposed by the Indian government. This move is expected to encourage Australian apparel brands who wish to manufacture garments in India, using Australian cotton. Last week, a delegation made up of Cotton […]

Cotton

CAI Reduces 2023-24 Cotton Pressing Forecast By 1 Lakh Bales

Textile Insights November 22, 2023

In its October estimate, the Cotton Association of India (CAI) has reduced its cotton pressing estimate for the 2023-24 crop season by 1 lakh bales to 294.10 lakh bales of 170 kgs each. The October forecast is down from its previous estimate of 295.10 lakh bales of 170 kgs each. The total supply for the […]

Cotton

Better Cotton To Support 200,000 Farmers In Côte d’Ivoire

Textile Insights November 20, 2023

Better Cotton has started a new programme in the West African country of Côte d’Ivoire and committed to support 200,000 domestic cotton farmers in its first five years. The new field-level programme will offer training and resources to farming communities across the country, a first step towards helping them produce more sustainable cotton. The Professional […]