Home / Knowledge / News / Textiles / New crop plantings completed in an optimistic mood
New crop plantings completed in an optimistic mood
07
Jun '10
Cotton growers have completed plantings in all areas of Greece. During next week we are going to have a clear view of the acreage, however, according to several sources we calculate about 250,000 He which is almost 25% higher than last season. In this figure we do not calculate the fields that are being planted only for the subsidy (so called dry fields). The good news is that the great majority of growers are planning to cultivate targeting at high yields, which means that they will irrigate and fertilize efficiently.

Business wise, demand is still strong on behalf of Turkish spinners and Far East merchants. New sales concluded are few as ginners are reluctant to offer additional quantities four months before the crop will be ready. The latest selling prices were ranging from 82-83 usc/lb FOT, before the recent NY futures correction, depending on quality and payment terms.

Today as futures prices have dropped ginners are trying to get more attractive basis (about 500-600 on Dec 10), otherwise they are not tempted to sell. New crop sales have exceeded the 30,000 tons while the physical market looks very promising.

HECOT S.A.

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 30th Apr 2017

Government revamping tech mission on cotton

Indian Government is working to revamp the technology mission on...

Apparel/Garments | On 30th Apr 2017

Columbia Sportswear records Q1 net sales of $543.8 mn

Columbia Sportswear Company has announced record net sales of $543.8...

Interviews View All

Anvita Mehra
Confidential Couture

‘It is going to take some time for Indian buyers to get accustomed to...

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Johan Berlin
InvestKonsult Sweden AB

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

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Jay Ramrakhiani
Occasions Elegance Wear

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

Prathyusha Garimella
Prathyusha Garimella

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

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:
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



X