Home / Knowledge / News / Textiles / Cotton crop developing under favorable weather conditions
Cotton crop developing under favorable weather conditions
12
Sep '11
The rally in NYF triggered new forward sales on our crop. In general during the week demand was intense although concrete interest was coming mostly from international merchants. In some cases the Greek crop was used as an alternative to US sales, therefore basis could be more attractive for ginners. As a result several new sales were concluded at basis around 200 off Dec 11.

Turkish spinners were out of the market and rather puzzled by the recent rally. Their price levels during the week were between 220-230 usc/kgs FOT.

The crop is developing under favorable weather conditions and in many areas of northern Greece growers claim that cotton plants have gained back most of the delays during planting period. Problems of green worm existed in specific areas but it was not as intense as last season.

Excluding the rolled over quantities, new crop forward sales are now over 10,000 tons. As we get closer to harvesting we expect ginners will feel more comfortable to sell even larger quantities, especially for early shipments / payments.

Hecot S.A.

Must ReadView All

Textiles | On 22nd Apr 2017

Strong rupee & weak trade to affect textile exporters

Textile and apparel exporters' earnings and EBITDA margins will be...

Textiles | On 22nd Apr 2017

Myntra acquires InLogg

With an aim to strengthen supply chain and logistics, Flipkart-owned...

Textiles | On 22nd Apr 2017

Aditya Birla Group launches new variant Liva Crème

After its successful launch of high quality fabric Liva in 2015,...

Interviews View All

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Suresh Patel
Sidwin Fabric

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

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Judy Frater
Somaiya Kala Vidya

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Karan Arora
Karan Arora

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

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
April 2017

April 2017

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

SUBSCRIBE


Browse Our Archives

GO


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search