Egypt achieves increase of 12pc in textile exports

News Tags: and ready-made clothing industry, cotton cultivation, ECTI, Egyptian Chamber of Textile Industries, Egyptian Minister of Trade and Industry, Federation of Egyptian Industries, FEI, import declined, preparing national strategy, spinning, study to establish a new textile city, Tarek Kabil, textile exports achieved twelve percent increase, Textiles

Cairo
Egypt achieves increase of 12pc in textile exports
Summary: 
Egyptian Minister of Trade and Industry Tarek Kabil during the meeting with the board of directors of the Egyptian Chamber of Textile Industries (ECTI) in the Federation of Egyptian Industries (FEI) said the the ministry is currently preparing a national strategy for the textiles, spinning, and ready-made clothing industry. As textile exports has achieved a significant increase of about 12%, while imports declined by 59% this year compared to the same period last year.

Egyptian Minister of Trade and Industry Tarek Kabil during the meeting with the board of directors of the Egyptian Chamber of Textile Industries (ECTI) in the Federation of Egyptian Industries (FEI) said the the ministry is currently preparing a national strategy for the textiles, spinning, and ready-made clothing industry. As textile exports has achieved a significant increase of about 12%, while imports declined by 59% this year compared to the same period last year.

https://dailynewsegypt.com/2017/09/30/egyptian-textile-exports-increase-12-imports-decline-59/
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Slow trading recorded at Karachi cotton exchange

News Tags: cotton bales, cotton cultivation, cotton production, from the new crop, Karachi cotton exchange, likely to increase this year, recorded slow trading, spot rates decreased, with only four transactions

Karachi
Slow trading recorded at Karachi cotton exchange
Summary: 
The Karachi Cotton Exchange on Thursday recorded slow trading with only four transactions of 1,700 bales from the new crop at a price of Rs6,350 to Rs6,650/maund.

The Karachi Cotton Exchange on Thursday recorded slow trading with only four transactions of 1,700 bales from the new crop at a price of Rs6,350 to Rs6,650/maund.

Trading included 1,000 bales from Shahdadpur, 400 bales from Tando Adam, 200 bales from Hyderabad and 100 bales from Burewala.

The spot rates decreased Rs50/maund to Rs6,300/maund (37.324kg) and Rs6,752/40kg. Ex-Karachi rates also dropped to Rs6,435/maund and Rs6,897/40kg after an addition of Rs135 and Rs145 as upcountry expenses, respectively.

https://www.thenews.com.pk/print/219437-Cotton-down
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This season cotton planting in terms of area almost double

News Tags: Central Institute of Cotton Research, compared to the same period last year, Cotton Association of India, cotton cultivation, cotton sowing, data released by the agriculture ministry, doubled in terms of area, high pricing of cotton, kharif cultivation, Owing to favourable climatic conditions, planting of cotton crop, strong domestic prices

Pune
This season cotton planting in terms of area almost double
Summary: 
Owing to favourable climatic conditions and high pricing of cotton , the planting of cotton crop has doubled in terms of area compared to the same period last year. As per the data released by the agriculture ministry, an unprecedented increase in cotton sowing has seen the area under kharif cultivation going up by nearly 20%.

Owing to favourable climatic conditions and high pricing of cotton , the planting of cotton crop has doubled in terms of area compared to the same period last year. As per the data released by the agriculture ministry, an unprecedented increase in cotton sowing has seen the area under kharif cultivation going up by nearly 20%.

With most parts of the country receiving good rains as the first month of monsoon activity comes to a close, there is an indication that sowing will pick up momentum in the coming weeks.

http://www.financialexpress.com/market/cotton-planting-almost-double-this-season/749433/
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Cotton prices recover as spinners indulged in fresh buying

News Tags: China cotton reserve auctions, cotton cultivation, Cotton market, Cotton prices recover, government announce a comprehensive cotton policy, official spot rate recovered majorly, PCGA, ready business, save textile industry, short supply position, spinner indulged in forward buying

Karachi
Cotton prices recover as spinners indulged in fresh buying
Summary: 
With spinners getting indulged in forward buying amid short supply position, prices recovered on the cotton market on Friday, dealers said. In the ready business, around 5000 bales of cotton changed hands between Rs 4500-6000 while in the Punjab, prices showed no change at Rs 3100 and Rs 3400. The official spot rate recovered majorly from Rs 100 to Rs 5,650.

With spinners getting indulged in forward buying amid short supply position, prices recovered on the cotton market on Friday, dealers said. In the ready business, around 5000 bales of cotton changed hands between Rs 4500-6000 while in the Punjab, prices showed no change at Rs 3100 and Rs 3400. The official spot rate recovered majorly from Rs 100 to Rs 5,650.

http://www.brecorder.com/cotton-a-textiles/185/45778/
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Brazilian cotton pricessurge by almost 10pc due to firm demand in April

News Tags: Brazilian cotton, Brazilian cotton export, Cepea, cotton cultivation, decrease in supply from cotton growing countries, firm demand, India, lower output, possible interest for imports by China, reduced domestic stock, surge by ten percent, volume of cotton

UK
Brazilian cotton pricessurge by almost 10pc due to firm demand  in April
Summary: 
Brazilian cotton prices in April 2016 increased by nearly ten percent due to firm demand, decrease in supply from important cotton growing countries like India, and China’s possible interest for imports. However, the volume of cotton already traded this season is little less than the volume sold in the same period last year.

Brazilian cotton prices in April 2016 increased by nearly ten percent due to firm demand, decrease in supply from important cotton growing countries like India, and China’s possible interest for imports. However, the volume of cotton already traded this season is little less than the volume sold in the same period last year.

The CEPEA/ESALQ Index, with payment in 8 days, for cotton type 41-4, delivered in São Paulo rose 9.66 per cent to 2.6680 BRL ($0.777) per pound on April 29.

http://www.wtin.com/article/f2f/2016/may/2_5_16/brazilian-cotton-prices-rise-nearly-10-in-april/?channelId=1120
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Tajikistan supports proposal of Chinese company to build two cotton processing factories

News Tags: bilateral cooperation, China, Chinese company, Chinese corner, Chuntai Dangara Sin Sil Textile, cotton cultivation, cotton processing factories, infrastructure, Investments, Tajikistan

DUSHANBE
Tajikistan supports proposal of Chinese company to build two cotton processing
Summary: 
Tajikistan’s Minister of Agriculture Qosim Rahbar at the end of the last week met Mr. Chen Dao Chuan, Director of Closed Joint-Stock Company (CJSC) Chuntai Dangara Sin Sil Textile where the two discussed issues related to bilateral cooperation in the field of agriculture, including cultivation and construction of two cotton processing factories in Tajikistan.

Tajikistan’s Minister of Agriculture Qosim Rahbar at the end of the last week met Mr. Chen Dao Chuan, Director of Closed Joint-Stock Company (CJSC) Chuntai Dangara Sin Sil Textile where the two discussed issues related to bilateral cooperation in the field of agriculture, including cultivation and construction of two cotton processing factories in Tajikistan.

The new factories are expected to be constructed in the Dangara and Jilikul districts of the Khatlon province. The design works for the new factories are nearing completion, the ministry said on Monday.

Company News
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Cotton cleaning and drying plant set up at Malout, Punjab

News Tags: cotton cleaning and drying plant, cotton cultivation, cotton in Malwa belt, high density cotton, Punjab Mandi Board

Malout, Punjab
Summary: 
The Punjab Mandi Board to bring more areas under cotton in Malwa belt has setup a cotton cleaning and drying plant the first of its kind. The capacity of the plant is six tons of cotton drying and cleaning per hour. The estimated cost involve in setting up this plant is of about Rs 2 crore at Malout.

The Punjab Mandi Board to bring more areas under cotton in Malwa belt has setup a cotton cleaning and drying plant the first of its kind. The capacity of the plant is six tons of cotton drying and cleaning per hour. The estimated cost involve in setting up this plant is of about Rs 2 crore at Malout.

The plant’s entire process of cotton drying and cleaning would not involve much cost as the project has been setup on no profit no loss basis.

http://news.webindia123.com/news/Articles/India/20141226/2517782.html
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Warangal farmers urge for biotechnology in cotton cultivation to increase production

News Tags: cotton cultivation, Cotton growers, cotton research centre, minimum support price, textile unit, Warangal farmers, weed management

Warangal, Telangana
Warangal farmers urge for biotechnology in cotton cultivation
Summary: 
Majority of farmers in Telangana state are engaged in cotton cultivation. In Warangal district, about 65 to 70 per cent of farmers cultivate cotton as main crop. Farmers in the Warangal district have urged the state government to help in making modern biotechnology based advancements in cotton cultivation available to cotton growers in Warangal as well as those in other districts of the state.

Majority of farmers in Telangana state are engaged in cotton cultivation. In Warangal district, about 65 to 70 per cent of farmers cultivate cotton as main crop. Farmers in the Warangal district have urged the state government to help in making modern biotechnology based advancements in cotton cultivation available to cotton growers in Warangal as well as those in other districts of the state.

The Rythu Sangham leaders have urged the government to set up a cotton research centre and a textile unit in Warangal district for the benefit of farmers and to create employment opportunities.

http://www.thehansindia.com/posts/index/2014-12-23/Promote-biotechnology-in-cotton-cultivation-122470
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Textile Park at Padalur likely to be operational soon

News Tags: cotton cultivation, Directorate of Handlooms and Textiles, export-oriented facility, Fifteen entrepreneurs, infrastructure facilities, Padalur, SIPCOT, Textile Park

Tiruchirapalli, Tamil Nadu
Textile Park at Padalur likely to be operational soon
Summary: 
The Perambalur district administration is in the process of handing over 40.35 hectares of land for Textile Park coming up on Tiruchi-Chennai National Highway at Padalur to the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) – the implementing agency of the project.

The Perambalur district administration is in the process of handing over 40.35 hectares of land for Textile Park coming up on Tiruchi-Chennai National Highway at Padalur to the State Industries Promotion Corporation of Tamil Nadu (SIPCOT) – the implementing agency of the project.

Perambalur district, a major cotton growing district stands to benefit from the textile park.

The agency has written to the State government for getting administrative sanction for the project. After getting the sanction, SIPCOT would provide infrastructure facilities to the entrepreneurs.

http://www.thehindu.com/news/cities/Tiruchirapalli/padalur-textile-park-to-go-live-in-six-months/article6688868.ece
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Ethiopia sets target of USD 435mn earning from textiles and apparel exports this fiscal year

News Tags: cotton cultivation, Ethiopia export revenue, Ethiopian textile export, garment, Growth and Transformation Plan period, Textile industry development institute, textile products, yarn and fabrics

Ethiopia
Ethiopia sets target of USD 435mn earning from textiles and apparel exports
Summary: 
Ethiopia’s export revenue from textile products has witnessed augmentation during the Growth and Transformation Plan period, but with lower pace, the Textiles Industry Development Institute (TIDI) said.

Ethiopia’s export revenue from textile products has witnessed augmentation during the Growth and Transformation Plan period, but with lower pace, the Textiles Industry Development Institute (TIDI) said.

The country's revenue from textile export which was 62.2 million USD in 2003E.C has reached 111 million USD last fiscal year.

http://allafrica.com/stories/201410100873.html
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