Cotton prices decline amid dull buying

Related Keywords: cotton exporter, Cotton futures, cotton harvest, international cotton prices, raw cotton, yarn makers, yarn mills

Mumbai
Summary: 
Cotton futures on the Intercontinental Exchange (ICE) will have a direct impact on Indian prices. ICE cotton futures traded at 74.13 cents on Wednesday. Any spurt in ICE will make a favourable case for Indian cotton exports. Atul Ganatra, President, Cotton Association of India (CAI), the apex trade body comments, “Uncertainty still looms over the trade truce between the US and China. This is causing a range-bound movement for cotton. Indian cotton prices have now bottomed out as there is no room for further correction. Ginners are already facing costly inputs due to the increased minimum support price (MSP).”

Cotton futures on the Intercontinental Exchange (ICE) will have a direct impact on Indian prices. ICE cotton futures traded at 74.13 cents on Wednesday. Any spurt in ICE will make a favourable case for Indian cotton exports. Atul Ganatra, President, Cotton Association of India (CAI), the apex trade body comments, “Uncertainty still looms over the trade truce between the US and China. This is causing a range-bound movement for cotton. Indian cotton prices have now bottomed out as there is no room for further correction.

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EU looks set to approve textile trade pact with Uzbekistan

Related Keywords: cotton harvest, fifth-largest exporter of fiber, lead to increased textiles imports, looks set to approve textile agreement, lower tariffs on Uzbek textile imports, ongoing concern over use of forced labour, pact will resolves final missing element, The European Parliament, with Uzbekistan

Brussels
EU looks set to approve textile trade pact with Uzbekistan
Summary: 
The European Parliament looks set to approve textile agreement with Uzbekistan on Wednesday that would lead to increased textiles imports from the country despite ongoing concern over the use of forced labour in the cotton harvest. The pact will resolves the final missing element and also further lower tariffs on Uzbek textile imports.

The European Parliament looks set to approve textile agreement with Uzbekistan on Wednesday that would lead to increased textiles imports from the country despite ongoing concern over the use of forced labour in the cotton harvest. The pact will resolves the final missing element and also further lower tariffs on Uzbek textile imports.

http://asia.nikkei.com/Politics-Economy/Economy/EU-set-to-back-Uzbekistan-trade-pact
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Ivorian cotton farmers get raise in mandated price

Related Keywords: bump up production, Cotton Ginners Association, cotton harvest, cotton season, depends heavily on agricultural sector, expansion in number of farmers, increase production, increased mandated cotton price, Ivorian cotton farmers, Ivory Coast, largely market-based, major cotton exporters

Islamabad
Ivorian cotton farmers get raise in mandated price
Summary: 
The Ivory Coast is largely market-based and depends heavily on the agricultural sector. In a bid to increase production in the wake of a unsatisfactory cotton harvest, the Ivory Coast government increased mandated cotton price for farmers by six percent for 2016-17 seasons hoping that this increase will permit an expansion in the number of farmers and bump up production, a government spokesman said.

The Ivory Coast is largely market-based and depends heavily on the agricultural sector. In a bid to increase production in the wake of a unsatisfactory cotton harvest, the Ivory Coast government increased mandated cotton price for farmers by six percent for 2016-17 seasons hoping that this increase will permit an expansion in the number of farmers and bump up production, a government spokesman said.

Ivory Coast, before a 2002-2003 civil war which split the country in two and halved production was one of the region's major cotton exporters, with an annual output of about 400,000 tonnes.

http://www.brecorder.com/cotton-a-textiles/185/108284/
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Turkmenistan has harvested over 676,000 metric tons of cotton yield till now

Related Keywords: cotton collection points, cotton harvest, modern enterprises, raw cotton, total cotton area

Turkmenistan
Turkmenistan has harvested over 676,000 metric tons of cotton yield
Summary: 
Cotton is the major source of Turkmenistan's export and raw material for dozens of modern enterprises of the dynamically developing textile industry of Turkmenistan. Turkmenistan allocated total area of 545,000 hectares for cotton production.

Cotton is the major source of Turkmenistan's export and raw material for dozens of modern enterprises of the dynamically developing textile industry of Turkmenistan. Turkmenistan allocated total area of 545,000 hectares for cotton production.

Ahal province is the leader among the country’s provinces, where almost 71 percent of the planned volume has been harvested.

Turkmenistan has harvested more than 64 percent, or over 676,000 metric tons of cotton to date, Turkmenpagta (Turkmen cotton) state concern said.

http://en.trend.az/casia/turkmenistan/2320234.html
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India likely to harvest 40mn cotton bales, 8 pc higher this year as farmers misread weather

Related Keywords: China, Cotton Association of India, cotton bales, cotton farmers, cotton harvest, Cotton Textiles Export Promotion Council, global cotton market, India cotton industry, stockpiled cotton

Mumbai
India likely to harvest 40mn cotton bales
Summary: 
India likely to harvest 40 million cotton bales this year once harvesting begins next month, which will be 8% higher than a year earlier and the highest harvest on record.

India likely to harvest 40 million cotton bales this year once harvesting begins next month, which will be 8% higher than a year earlier and the highest harvest on record.

Lower-than-normal monsoon rains early in the June-through-September rainy season convinced many farmers to switch to planting cotton, which needs less water to grow. But the rains returned late in the season so now India is likely to have a bumper crop.

http://blogs.wsj.com/indiarealtime/2014/09/22/india-facing-cotton-glut-after-farmers-get-caught-in-the-rain/
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