Home / Knowledge / News / Textiles / Momentum in cotton prices may slowdown – experts
Momentum in cotton prices may slowdown – experts
23
Sep '10
In recent days, global cotton prices have risen to a historic high of US $1 per pound, last witnessed, nearly 15 years back. However, domestic cotton prices are expected to see a slowdown in the momentum with which, prices flared up in the last few months.

The main reason being delved out by experts is that, in the next few days, the pace and flow of lint in to the various cotton markets across the country is expected to increase, which is expected to keep a check on rising cotton prices.

The second reason pertains to expectations of a bumper crop in the new season. Cotton output is forecast to rise by 10 percent. An expert has predicted that cotton production will rise from 29.5 million bales last season to 32.5 million bales in the new cotton season.

Also considering the 5.5 million bales cap on cotton exports imposed by the government, is also expected to have a cooling effect on the rising price trends. The Shankar-6 variety of cotton is currently being quoted at 39,100 per candy (1 candy = 356 kg).

Also considering the fact that, the government is not clear about giving the green signal for resumption of cotton exports from October 1; exporters are not taking new positions in the market, till there is a clear policy decision from the government.

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Christian Dior

Fashion | On 25th Apr 2017

LVMH to acquire Christian Dior Couture for €6.5bn

LVMH and Christian Dior, which holds directly and indirectly 41 per...

Information Technology | On 25th Apr 2017

Self-repairing fabrics to be the future of fashion

It is the era of smart. Intelligent materials like self-repairing...

Textiles | On 25th Apr 2017

Indonesia revitalising textile sector

With exports of textile and textile products rising in Indonesia, the ...

Interviews View All

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Rashi Menda
Zapyle

Every fifth sale we make on Zapyle is a repeat purchase

Urs Stalder
Sanitized AG

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

Paolo Ocleppo
Sandvik Hyperion

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

Johan Berlin
InvestKonsult Sweden AB

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Mike Hoffman
Gildan Activewear SRL

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

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
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