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

Apparel/Garments | On 18th Feb 2017

Bangladesh apparel sector has 95% local investors: BGMEA

Over 95 per cent of the total investors in the Bangladesh apparel...

Textiles | On 18th Feb 2017

Smriti Irani resolves cutting of carpets issue at ports

During a meeting held with stake holders of the carpet weaving...

Apparel/Garments | On 18th Feb 2017

Andhra Pradesh inks MoUs to set up 12 apparel units

At the recent CII Partnership Summit held in Hyderabad, memorandum of ...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Johan Berlin
InvestKonsult Sweden AB

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

Judy Frater
Somaiya Kala Vidya

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

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
February 2017

February 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search