The Southern India Mills Association (SIMA) has urged its member mills to plan their cotton purchase according to reports issued by the Committee on Cotton Production and Consumption (COCPC). Dr SK Sundararaman, Chairman of SIMA has advised cotton textile mills to rely only on the estimates
Sourcery has unveiled its Impact and Assurance Programme, a pioneering solution for primary data collection, aimed at revolutionizing transparency and trust in the cotton value chain. This initiative, facilitated through the Sourcery Connect App developed with Bluenumber®, offers harmonized regional-specific and third-party verified primary data, empowering growers, grower
A Brazilian delegation, representing the Brazilian Cotton Producers Association (Abrapa) was in Indonesia to boost exports of Brazilian cotton to Indonesia. A Cotton Brazil Outlook seminar was also held in Jakarta which brought together more than 60 high ranking officials from various textile mills. The objective was to strengthen commercial relations and identify new
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 buyers have significantly increased the demand for futures contracts, ultimately
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 […]
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 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
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 […]
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 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 […]