Home / Knowledge / News / Textiles / Cotton crop is developing well
Cotton crop is developing well
29
Aug '11
Following the end of summer holidays, our market is getting active again. Ginners are trying to investigate selling opportunities or (just checking the market) however, sales are not being concluded as basis is continuous falling.

Apart from the roll over quantities of last season, few ginners have started selling forward in February & March at very attractive basis (around 20 usc/lb on Dec). Later on they increased their sales a bit at levels of 10 usc/lb on Dec. In the beginning of August offers were around 3-5 usc/lb on Dec while now they are targeting at even Dec but without any success. In addition, some medium and small sized ginners tried to sell to Turkish spinners at basis of 3-5 usc/lb off Dec in order to obtain cash flow in the beginning of the season. Greek banks have lowered credit lines and a big percentage of ginners will have to change selling strategy in order to survive...

The crop is developing well and many people claim that we have gained some of the lost time. Green worm problems were reported in several areas at a small extend and growers, who were alarmed this season, took all the necessary actions to overpass this problem. The official cotton acreage has not been announced yet but according to other sources it should be around 290,000 hectares. Under normal weather conditions in September, harvesting is predicted to begin in the first days of October.

Hecot S.A.

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Amrit Sethia
SOIE

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
December 2016

December 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


Advanced Search