Home / Knowledge / News / Textiles / Indian traders enhance cotton export price
Indian traders enhance cotton export price
18
Oct '10
Indian cotton traders, supported by the restricted international cotton supplies and strong demand from both China and Pakistan, have been asking for $1.32 to $1.35 per lb for December-January consignments. This is 14-17 cents more than New York futures cotton price. Demand for cotton from China is good. China has been purchasing cotton at the rate of 132 cents per pound.

Around two weeks ago, Indian exporters had been asking for 120 cents following the raised prices in the market. The New York futures had been doing business at 117.65 cents per lb. Cotton prices have increased in the local market. Due to this, the exporters have been asking for a high price of about $1.35 per lb.

The price of Shankar-6 variety of cotton has recorded a high of Rs 40,800 ($927.3) per candy (of 356 kg each) in India. India has permitted an export of 5.5 million bales of cotton in 2010-11. Cotton production is expected to rise to a record high of 35 million bales in 2010-11, which is more than the previous estimate of 32.5 million bales of cotton.

Fibre2fashion News Desk-India


Must ReadView All

'Requirement of polyester filament yarn is increasing'

Textiles | On 19th Jun 2018

'Requirement of polyester filament yarn is increasing'

The requirement of polyester filament yarn (PFY) is increasing as it...

Courtesy: SAC

Textiles | On 19th Jun 2018

SAC to release pilot of Higg Facility Social Labour Module

The Sustainable Apparel Coalition (SAC) will release this year a...

Courtesy: Ebay

Apparel/Garments | On 19th Jun 2018

eBay partners with Noon for e-commerce sales in Middle East

Noon, the $1 billion e-commerce venture backed by Dubai businessman...

Interviews View All

C. Dhandayuthapani
Mag Solvics Pvt. Ltd

ITME 2016 exploited our full strength like never before

Spokesperson
Hugo Boss

'Hugo Boss works with carefully selected sourcing partners'

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Liz Manning

<div><b>Liz Manning</b>, Business Development Manager at Catexel, has...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Tom Adeyoola

Describing itself as the best body shape and garment fit company in the...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Paolo Ocleppo
Sandvik Hyperion

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

Marcel Alberts
Eurofibers

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

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...

Silvia Venturini Fendi
Fendi s.r.l

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

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

Leave your Comments


June 2018

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

news category


Related Categories:

Advanced Search