China cotton association to request waiver from import tariffs on U.S

Related Keywords: bales, China, cotton, export, fiber, import, tariff, Textiles, trade war, United States

China
China cotton association to request waiver from import tariffs on U.S
Summary: 
The China Cotton Association will submit an application on behalf of its members for a waiver on import duties on uncombed cotton from the United States, according to a statement on its website on Thursday. The Ministry of Finance posted a list of goods, including cotton that has not been carded

The China Cotton Association will submit an application on behalf of its members for a waiver on import duties on uncombed cotton from the United States, according to a statement on its website on Thursday.

The Ministry of Finance posted a list of goods, including cotton that has not been carded or combed, at the end of May that could be eligible for waivers on tariffs that China imposed in July on U.S. goods as part of the China-U.S. trade war.

Waiver applications need to be submitted by July 5.

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Rain impacts cotton crop in Texas Panhandle

Related Keywords: bales, cotton, crop, fiber, heavy rainfall, temperature, Texas, Textile

United States
Rain impacts cotton crop in Texas Panhandle
Summary: 
This year’s rain is creating problems for many cotton producers in the Texas Panhandle. The weather this year has brought more rain and when there’s too much rain in consecutive days it can damage cotton crops. “Everything that can go wrong with too much

This year’s rain is creating problems for many cotton producers in the Texas Panhandle. The weather this year has brought more rain and when there’s too much rain in consecutive days it can damage cotton crops.

“Everything that can go wrong with too much rain has gone wrong,” said Jerrell Key, General Manager of Adobe Walls Gin LP.

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International cotton prices slipped by over 16 per cent over the past month

Related Keywords: bales, China, cotton, export, import, India, trade, United States, USDA

United States
International cotton prices slipped by over 16 per cent over the past month
Summary: 
Having inked contracts at much higher rates earlier, importers here are staring at a loss. The continued stand-off between the US and China over trade tariffs has created uncertainty in the Indian cotton market. After international cotton prices slipped by over 16 per cent over the past month, Indian

Having inked contracts at much higher rates earlier, importers here are staring at a loss.

The continued stand-off between the US and China over trade tariffs has created uncertainty in the Indian cotton market. After international cotton prices slipped by over 16 per cent over the past month, Indian cotton importers are staring at a loss and are looking to rework import contracts.

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China s buying is currently hampered with the 25% tariff

Related Keywords: bales, China, cotton, deal, merchant, Plains Cotton Growers, tariff, Textile, trade, United States

United States
China’s buying is currently hampered with the 25% tariff
Summary: 
China has started showing interest in buying United States cotton, based on discussions during the April 12 meeting of the Plains Cotton Growers (PCG) Advisory Group. There have been positive signals regarding

China has started showing interest in buying United States cotton, based on discussions during the April 12 meeting of the Plains Cotton Growers (PCG) Advisory Group.

There have been positive signals regarding movement of U.S. cotton to China in anticipation of a trade deal between China and the United States.
“Demand for cotton is there,” stated one merchant at the meeting.

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Lebanese textiles factory in turmoil

Related Keywords: bales, cheaper goods, clothing, curtains, economic malaise, fabric, fabric factory, factory made textiles, factory selling, imported textiles, production, Textiles, towels, unemployment, Uniforms. Mzannar

Lebanon
Lebanese textiles factory in turmoil
Summary: 
The Mzannar family’s 300-year-old textile business survived Lebanon’s civil war by making uniforms for militiamen. But its business savvy was no match for years of economic malaise that followed and it has now shut its factory. The head of Lebanon’s chamber of commerce chief said last year nearly

The Mzannar family’s 300-year-old textile business survived Lebanon’s civil war by making uniforms for militiamen. But its business savvy was no match for years of economic malaise that followed and it has now shut its factory.

The head of Lebanon’s chamber of commerce chief said last year nearly 2,200 businesses had closed, warning that more would collapse. And while there is dispute over those numbers, Lebanese mostly agree the economy is in dire shape.

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Cotton Corporation of India to obtain cotton from farmers in Rajasthan

Related Keywords: bales, CCI, cotton, cotton grower, cotton season, cotton trading, fibre, ginning, harvesting, mandis, medium-staple fibre cotton, National Agriculture Market

Chandigarh
Summary: 
The CCI has started arrangements for ginning and storage of cotton for the ensuing harvesting season. The central government had newly lifted the MSP on medium-staple fibre cotton by 28% to Rs 5,150 per quintal and long-staple by 26% to Rs 5,450. Traders expect that the hike would help firm up prices in India compared to the last season, when those were lower compared with the global market.

The CCI has started arrangements for ginning and storage of cotton for the ensuing harvesting season. The central government had newly lifted the MSP on medium-staple fibre cotton by 28% to Rs 5,150 per quintal and long-staple by 26% to Rs 5,450. Traders expect that the hike would help firm up prices in India compared to the last season, when those were lower compared with the global market.

https://economictimes.indiatimes.com/news/economy/agriculture/cci-to-directly-procure-cotton-from-farmers-in-rajasthan/articleshow/65389143.cms
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Postive trend on cotton market

Related Keywords: bales, Chinese cotton, cotton, cotton trade, Ginners, lint shortage, New York cotton, Spinners

Karachi
Summary: 
Cotton analyst Naseem Usman said a spell of monsoon rains in Sindh could help growers to go for cotton sowing again in many areas and compensate earlier losses. The world leading cotton markets also maintained an rising drift, with Indian cotton gaining INR100 more to INR 46,600 per candy (356 kg).

Cotton analyst Naseem Usman said a spell of monsoon rains in Sindh could help growers to go for cotton sowing again in many areas and compensate earlier losses. The world leading cotton markets also maintained an rising drift, with Indian cotton gaining INR100 more to INR 46,600 per candy (356 kg).

New York cotton also recorded modest profits while Chinese cotton closed steady.

https://www.dawn.com/news/1421014/bullish-trend-on-cotton-market
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CITI explains that cotton production is estimated to grow by 8.11 per cent to 373 lakh bales in 2017-18 season ending September over the previous year

Related Keywords: bales, Confederation of Indian Textile Industry, cotton, increase in cotton crop area to 122.59 lakh hectares from from 108.45 lakh hectares, non mill consumption, Textile Commissioner

Mumbai
Summary: 
The closing stock of cotton for 2017-18 would be around 49.81 lakh bales which is quite adequate for the textile sector to smoothly run their units throughout the year, the body said. The Cotton Association of India (CAI) in second week of June increased it’s May estimate of the cotton crop production by 5 lakh bales to 365 lakh bales for 2017-18 season (October to September).

The closing stock of cotton for 2017-18 would be around 49.81 lakh bales which is quite adequate for the textile sector to smoothly run their units throughout the year, the body said. The Cotton Association of India (CAI) in second week of June increased it’s May estimate of the cotton crop production by 5 lakh bales to 365 lakh bales for 2017-18 season (October to September).

https://www.moneycontrol.com/news/business/economy/cotton-output-to-rise-by-8-11-to-373-lakh-bales-in-2017-18-season-citi-2591141.html
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Total demand for cotton is pegged at 40.1 million bales this cotton year

Related Keywords: average cotton yield, bales, cotton demand, cotton production, extra-long staple cotton, Indian cotton advisory board

Mumbai
Total demand for cotton is pegged at 40.1 million bales this cotton year
Summary: 
The Indian Cotton Advisory Board has marked cotton production on the higher side this year at 39 million bales compared to 36.5 million bales last year while the total demand for cotton this cotton year is pegged at 40.1 million bales compared to 38.4 million bales last year.

The Indian Cotton Advisory Board has marked cotton production on the higher side this year at 39 million bales compared to 36.5 million bales last year while the total demand for cotton this cotton year is pegged at 40.1 million bales compared to 38.4 million bales last year.

Due to improved quality of the seeds, India’s average cotton yield in 2013-14 has increased by nine percent to 565.36 kg per hectare (ha) despite the area under cotton dropped to 11.73 million ha compared to 11.98 million ha in 2012-13.

http://www.business-standard.com/article/markets/cotton-yield-pegged-higher-this-year-114070200972_1.html
Cotton Linter
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