Cotton

‘Cotton This Month’ Reports Significant Surge In Prices

Textile Insights March 11, 2024

The latest ‘Cotton This Month’ report has reported a significant surge in the price of cotton, transcending initial market projections. “This unexpected increase can be attributed primarily to a wave of speculative buying on the futures market,” the report averred. The actions of speculative

Cotton

Cotton Australia Envoys Visit India To Explore Duty Free Exports

Textile Insights March 11, 2024

Cotton Australia’s Chairman and CEO have returned from a trip to India where they discussed about the potential for increased free trade with Australian cotton growers. “Chairman Nigel Burnett and CEO Adam Kay were invited to travel to India with the free trade agreement central to meetings in New Delhi and Mumbai,” Cotton Australia, a […]

Cotton

Revolutionizing India’s Cotton Industry: Embracing Organic Fibre Production

March 10, 2024

In the pursuit of sustainability and environmental responsibility, India’s cotton industry finds itself at a pivotal moment. Dr Ajay Ranka, the Founder and CEO of Zydex Industries, presents a visionary plan to overhaul organic fibre production in the country. Through innovation of products and protocols for cotton farming and comprehensive sustainability practices, a

Cotton

CmiA And Avon Join Forces For Sustainable Cotton Initiative

March 10, 2024

Cotton made in Africa (CmiA) is celebrating its inaugural partnership in the cosmetics industry, joining forces with Avon, a subsidiary of Brazil-based Natura & Co, a leading global cosmetics conglomerate. Committed to enhancing sustainability across its supply chains, Avon pledges to incorporate more renewable materials and minimize its products’ environmental

Cotton

“Avoid Panic Cotton Buying” – SIMA Advises Spinning Mills

Textile Insights March 2, 2024

Following a steep increase in cotton prices, particularly the Shankar-6 variety in the last two weeks, the Southern India Mills’ Association (SIMA) advised spinning mills to avoid panic buying. According to Dr SK Sundararaman, Chairman, SIMA, cotton prices have increased by 10-12 percent within 15 days and created a panic situation across the textile value […]

Cotton

WTO & FIFA Call For Strengthening African Cotton Value Chain

Textile Insights February 27, 2024

WTO Director-General Ngozi Okonjo-Iweala and FIFA President Gianni Infantino unveiled the ‘Partenariat pour le Coton’, a new brand aimed at strengthening the WTO-FIFA cotton partnership and supporting African countries’ participation in cotton value chains. They also called on the public and private sectors to increase investment in African cotton. The event was

Cotton

C4 Seeks End To Subsidies In Other Cotton Producing Countries

Textile Insights February 27, 2024

Cotton producing countries of Africa called on the World Trade Organisation (WTO) to find a solution to cotton trade distortion caused by other countries. Four cotton producing countries Benin, Burkina Faso, Mali and Chad, named the C4, called for an end to cotton subsidies being given to farmers in the US, India and China as […]

Cotton

CAI January Cotton Output Estimates Unchanged From December

Textile Insights February 22, 2024

In its January 2024 estimates, the Cotton Association of India (CAI) has kept its cotton production as well as consumption in the 2023-24 cotton season unchanged as against its forecast in December 2023. In its January report, CAI has projected cotton output at 294.10 lakh bales of 170 kg each and domestic consumption at 311 […]

Cotton

India Withdraws 11% Import Duty On Extra Long Staple Cotton

Textile Insights February 22, 2024

The Indian Commerce Ministry through a notification has removed import duty on imports of extra long staple (ELS) cotton, which has length exceeding 32mm. The government has however retained import duty of 11 percent on short staple cotton. Various textile mills associations were lobbying since a long time for removal of the duty on cotton […]

Cotton

Cotton Made In Africa Inks Partnership With Avon

Textile Insights February 21, 2024

Cotton made in Africa (CmiA) has inked a partnership with Avon, a first in the cosmetics sector, which is part of Brazil-based Natura & Co, one of the world’s largest cosmetics groups. In addition to using sustainably produced raw materials, Avon aims to achieve certification and traceability and to address both environmental and social aspects […]