Home / Knowledge / News / Textiles / Low prices attract importers of cotton
Low prices attract importers of cotton
09
Dec '09
Raw cotton exports from India are on an upswing since the beginning of the new cotton season and for one good reason. Cotton prices are 5 percent on the downside when compared with those prevailing in the international markets.

Quoting industry sources, the US Department of Agriculture (USDA) says that, "Indian cotton is currently very competitive in the international market, about 5 per cent cheaper, when corresponded with comparable cotton from other origins."

The USDA said, “There has been a big spurt in export registrations for the new crop since October as India shipped 1.92 million bales of cotton between August and mid-November, compared with 325,000 bales in the same period of the previous year.

It added by saying that, "Strong global cotton prices have improved the export prospects for Indian cotton. In the 2009-10 season, exports are likely to touch 6.7 million bales on expectations that the government will not intervene in the current cotton export policy."

According to current market trends, Indian cotton is quoting at 71.5 cents per pound (including logistic cost), against international Cotlook rates of 75.10 cents pound, which has turned India into an attractive destination for buyers from Indonesia, Bangladesh and China.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Yashiki Gumber
Sahiba Fabrics

Fabric does not restrict us from fashion trends

Rajiv Sirohi
Shara

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Urs Stalder
Sanitized AG

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Mike Hoffman
Gildan Activewear SRL

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

Bani Batra

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

Tony Ward
Tony Ward

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

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
January 2017

January 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