The Cotton Association of India (CAI) has marginally increased its crop estimate to 360 lakh bales of 170 kg each from its previous estimate of 358.50 lakh bales in its March estimate for the season 2020-21, claims a Financial Express report. The total cotton supply for the period of October 2020 to March 2021 is […]
China’s cotton imports are projected to increase marginally to 2.4 million metric tonnes in the current marketing year to meet higher demand for textiles and apparels, according to a report of the US Department of Agriculture (USDA). Its cotton imports last year were 2.3 million metric tons. World’s largest cotton supplier US exported 884,000 metric tons to […]
World Trade Organization (WTO) members, especially the US, have questioned India on various subsidy schemes like RoDTEP, a key export tax refund scheme, Agriculture Infrastructure and Development Cess (AIDC), subsidy on crop loans, import duty on cotton and ban on onion exports. Seeking “an update on the operational status and guidelines” of the Remission of […]
Faced with a barrage of vitriol over its position on Xinjiang, the Better Cotton Initiative – an organisation that prides itself on “creating transparency” – has gone to ground, the South China Morning Post reported. IAC Desk
Pakistan’s cotton output for the marketing year 2021/22 is forecast to rise by 18% to around 5.3 million bales due to the availability of new seed varieties, better pest and disease management, and government support, according to the US Department of Agriculture (USDA). Despite the rise in output, Pakistan’s cotton output remains at historic lows and […]
Grain markets are keeping a close eye on the upcoming WASDE Report that’s set to be released by the USDA at 11 am Central Time on Friday. The report is released monthly, and provides annual forecasts for supply and use of U.S. and world wheat, rice, coarse grains, oilseeds, and cotton, kmaland.com reported. IAC Desk
World’s second-largest cotton producer India’s output of the natural fibre is set to increase by 3% to around 29.7 million bales, according to the U.S. Department of Agriculture (USDA). The average yield is expected to increase by 5% to 497 kilograms per hectare due to expectations of normal monsoon. Domestic consumption is also set to […]
Global cotton prices are set to climb higher after reaching a season high at the end of February, accorsing to the International Cottom Advisory Committee (ICAC). Textile mill use of the natural fiber is expected to increase by 8% in the 2020/21 season as Covid vaccines have slowly been making their way around the globe, it […]
The government has increased prices of BG2 cotton seeds by 5%. In a notification issued, the government has stated that the prices of BG2 cotton have been fixed at Rs 767 for a 450-gm packet, a 5% rise from the previous year’s price of Rs 730 for the same. Meanwhile, the price of BG1 cotton […]
Pakistan has decided to allow import of sugar, cotton and yarn from India, one-and-a-half years after suspending the trade following New Delhi’s decision to revoke Article 370 of the constitution that gave special status to the State of Jammu and Kashmir. Islamabad’s decision to resume imports of the commodities will lead to a partial revival of the […]
