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 27th Jun 2017

Govt defers tax deduction at source provision under GST

E-commerce players in India will not be required to deduct tax on...

Apparel/Garments | On 27th Jun 2017

Future Group aims Rs 12,000 crore in fashion business

Future Group, which runs retail stores across India under various...

Textiles | On 27th Jun 2017

AEPC & NSDL to help exporters with GST compliances

Apparel Export Promotion Council (AEPC) and National Securities...

Interviews View All

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Rajiv Sirohi
Shara

‘Portugal is taking away a major share of the mill made sector.’

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Karan Arora
Karan Arora

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

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...

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

news category


Related Categories:
July 2017

July 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