Home / Knowledge / News / Textiles / Constant sales in cotton despite increasing prices
Constant sales in cotton despite increasing prices
Apr '09
During the week prices have been firming up due to increased demand and NY strong performance. Recently it looks that Greek crop has become competitive, towards other growths, not only to neighboring countries but also to other Far East destinations. As a result several new sales were reported at prices between 49.50-53.50 usc/lb FOT depending on the quality sold.

In most cases deliveries are rather prompt (May 09) justifying that spinning mills were not covered, affected by the financial credit crisis. Turkish spinning mills absorbed the biggest part of these sales since their domestic production is limited and expensive. In addition, international merchants were active in our market buying some quantities at fix prices.

It is estimated that during the last month about 30,000 tons of our crop was sold reducing our lint stocks close to 100,000 tons. We should definitely bear in mind that during last seasons that cotton production is decreasing it has become a trend for ginners to increase their carry over stocks to the new season.

Thrakika Ekkokistiria S.A.

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Rajiv Sirohi

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

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Marcel Alberts

Coating at a fibre level is a practice not usually seen in the...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

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

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Rupa Sood and Sharan Apparao

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

March 2017

March 2017

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


Browse Our Archives


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