Home / Knowledge / News / Textiles / Decision to export cotton strongly condemnable – expert
Decision to export cotton strongly condemnable – expert
Oct '10
A sharp surge in the cotton prices is becoming a cause of concern for the garment and yarn producers for the textile sector in the country and have firmly condemned the Central Government's move of permitting cotton exports to the tune of five and a half million bales (1 bale = 170 kg).

For instance, cotton prices in Punjab have surged to Rs. 3,800 per maund, from Rs. 2,400 to Rs. 2,500 a maund, from a year earlier.

An expert said that, this surge in price is mainly attributable to the government's move of permitting large scale exports of commodity, in spite of its high demand in domestic markets.

Also driven by the optimism in international markets, this year the manufacturing units maintained less stocks as compared to last year. Last year, while they carried forward seven million cotton bales as inventories, this year it just touched four million bales.

Further, floods in Pakistan too have rampaged one third of the cotton cultivation acreage there. Also delay in arrival of crops in the domestic market this year, is the other reason quoted for the price rise.

An expert even said that the rise in price of commodity would certainly have a bearing on the prices of apparels.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 20th Feb 2017

UK textile & apparel exports up 7.05% in 2016: UKFT

The exports of apparel and textiles from the UK have increased by...

Textiles | On 20th Feb 2017

Himatsingka Seide incorporates subsidiary in Europe

Himatsingka Seide Ltd, one of the largest producers of home textiles...

Courtesy: Green Initiatives

Apparel/Garments | On 20th Feb 2017

Green Initiatives launches Re:Form to end textile waste

Green Initiatives, a non-government institution, has launched...

Interviews View All

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Lynda Kelly
Suominen Corporation

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

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Silvia Venturini Fendi
Fendi s.r.l

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

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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


Letter To Editor

(Max. 8000 char.)

Search Companies

February 2017

February 2017

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


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search