Home / Knowledge / News / Textiles / Ascending price trend in cotton to retire finally
Ascending price trend in cotton to retire finally
17
Mar '08
Expert survey indicates a declining trend in the spot prices of raw cotton in the domestic market because of lower consumption, erratic export orders from China and steady influx of raw material.

During the present season of 2007-08, raw cotton spot prices at major trading center have soared persistently. Reasons behind this trend can be attributed to sustained buying from exporters, millers and ginners.

However, the trend is showing a gradual slow down as export demand from China has declined and so has the local consumption.

The study further denotes, on one hand, India is expecting to record an output of 310 lakh bales for the coming season and on the other, a few selected variety of cotton showed a rise of 12-14 percent in the beginning of this season.

So far, the domestic market has received about 265 lakh bales of cotton (of the total crop produced) which is already higher when compared to last year's level. Moreover, daily inflow of raw cotton in various merchandising centers of the country has reached nearly 1.60-1.75 lakh bales.

However, experts feel that domestic consumption is likely to come down from the assumed 230-240 to 180 lakh bales because of insufficient take-off of yarn and clothes.


Must ReadView All

Textiles | On 23rd Jun 2017

Textile ministry organises training workshop on GST

The ministry of textiles had organised training workshop on GST which ...

Apparel/Garments | On 23rd Jun 2017

Uware Brands into licensing agreement with Polaroid

Uware Brands has entered into a licensing agreement with Polaroid for ...

Textiles | On 23rd Jun 2017

Ralph Lauren ex-president Tiger of Sweden's new CEO

Hans-Christian Meyer, former president of Ralph Lauren Corporation,...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Nuno Venda
ROQ

‘There has been an increase in demand for water based inks, rather than...

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Kai Poehler
Voith Paper GmbH & Co. KG

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

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

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

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:
June 2017

June 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