Cotton

Brazilian Delegation Visits Indonesia To Boost Cotton Exports

Textile Insights March 11, 2024

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

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 buyers have significantly increased the demand for futures contracts, ultimately

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

“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

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 […]

Cotton

High Price Bids For CCI Cotton Irks South Indian Textile Mills

Textile Insights February 19, 2024

The President of the AP Textile Mills Association Koti Rao has alleged that the price of cotton sold by the Cotton Corporation of India (CCI) went up to Rs 62,000 a candy of 356 kg each. “A few people have hiked the prices when they bid for cotton sold by the CCI. But the viable […]

Cotton

Aussie Trade Body Pitches For Australian Cotton Mark On Apparel

Textile Insights February 17, 2024

Aussie cotton trade body Cotton Australia is pushing brands and retailers to apply and display the Australian Cotton mark on their products, from underwear to socks, towels, sheets and clothing. Cotton Australia said that there has been an increase in retailers and brands applying to use its Australian cotton mark and so Aussie shoppers will see […]