Home / Knowledge / News / Textiles / Cotton export delays may lift spot prices
Cotton export delays may lift spot prices
Oct '10
India, the second largest exporter of cotton has prolonged the date from which exports of cotton may begin, which is expected to flare-up cotton prices in countries like China, Bangladesh and Pakistan, as users scramble to acquire stocks.

Overturning the estimates of the exporters, cotton export consignments have been delayed by almost a month, and would now start from November 1.

Further, as these exports have been deferred, this would require the importers to procure cotton from whatever source they can, so that they can meet their immediate requirements.

It was just a couple of days back that cotton futures soared to 15-year high levels following the rising apprehension that, the demands may supersede supplies.

Pakistan, the third largest consumer of cotton is expected to import around 2.8 million bales of cotton this year, because floods have devastated most of country's domestic cotton production.

Structural discrepancies in the supply-demand ratio are driving the cotton prices, globally. Experts say that, delay in shipments from India may broaden the gap between the spot prices and New York futures.

A ceiling of 5.5 million bales has been imposed on exports of cotton from India. The ceiling figure will be reconsidered in the second half of December 2010.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 21st Oct 2016

China’s garment retail sales grow 7.2% in Jan-Sept ’16

Retail sales of garments, footwear, hats and knitwear of Chinese...

Mike Preston, executive director of the Arkansas Economic Development Commission (AEDC), signing MoU with Tang from Suzhou Tianyuan Garments company. Courtesy: Government of Arkansas

Apparel/Garments | On 21st Oct 2016

Suzhou Tianyuan to open $20 mn garment factory in US

Suzhou Tianyuan Garments company, a Chinese manufacturer of casual...

Textiles | On 21st Oct 2016

Pakistan’s textile exports fall 5.96% y-o-y in Q1 FY17

The value of textile and garment exports made by Pakistan decreased...

Interviews View All

Sunil Rathore
Lacoste India

‘New vendor is welcome if he offers cost, quality and timely delivery’

Karel Williams
Dow Microbial Control

'Silvadur is most rapidly adopted in areas where hygiene-conscious and...

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Lynda Kelly
Suominen Corporation

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

Kevin Nelson

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

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Mike Hoffman
Gildan Activewear SRL

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

Tony Ward
Tony Ward

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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

October 2016

October 2016

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


Browse Our Archives


Advanced Search