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Surge in cotton prices in domestic market drive textile mills to import

With the jump in cotton prices in the country, there is a spurt in import contract as textile mills have…

Spinning mills’ profitability likely to get hit as domestic cotton prices surge

The profitability of spinning companies in the second quarter of 2016-17 likely to get hit, with domestic cotton prices surpassing…

Spinning mills resort to capacity cut to overcome domestic glut

Indian spinning mills are looking to domestic demand from the garments sector for relief from oversupply situation caused due to…

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rePlant Hemp Advisors launches $500 million investment fund for hemp

The rePlant Hemp Impact Fund 1, LP (the "Fund") was formally launched for investing by rePlant Hemp Advisors, LLC, focusing…

Falling Indian domestic price gap to boost cotton imports

The continuing contraction in international and domestic cotton prices following higher global production and a decline in domestic output is…

To double the import duty on over 50 textile products which aims at promoting domestic manufacturing is Government’s latest action

Imports of textile yarn, fabric and made-up articles grew by 8.58% to $168.64 million in June. Though, exports of cotton…

Cotton imports set to rise as textile mills prefer U.S. cotton

As textile mills increasingly prefer to buy cotton from the U.S. in larger quantities. According to trade and industry sources,…

India cotton traders cancel export deals after rally in domestic prices

The cancellations of export contracts and higher local prices could cut India's exports to 5 million bales, each of 170kg,…

Spinning mills likely to revive with trending lower cotton prices

Cotton prices in India have been trending lower in recent months and it is likely to remain low for a…

Brazilian cotton prices up 6% in domestic market due to limited supply

Brazil’s 2017-18 cotton output may reach 1.69 million tons, 10.5 percent larger than in the previous crop, due to the…