;
Home / Knowledge / News / Textiles / Cotton fields in good shape with expectations of better yield
Cotton fields in good shape with expectations of better yield
01
Sep '08
On the business front there are not many things to report. Ginners are coming back from their holidays or 'holiday' mood and trying to organize the coming season. Many of them have already sold 'on call' some stocks of 07/08 basis Dec 08 and are not in a hurry to commit some more.

In addition, following these sales they have also organized their cash flows for the coming months, consequently they are not in a rush to sale new crop 08/09. Turkish demand exists but the ginner's offering prices do not attract any serious interest.

Regarding new crop, the news is rather optimistic. Although there is no official announcement of the new crop cotton acreage, the estimates of the whole cotton industry concludes at 250,000 systematically cultivated hectares. Under favorable weather conditions this acreage may result to production of about 250,000 tons of lint.

Cotton fields are in very good shape and farmers are expecting good yields. Of course everything will depend on the weather conditions during September. The remaining stocks of 07/08 crop are still considerably high, about 60,000 tons, while the estimate of domestic consumption reaches 50,000 tons.

Lastly, although the usd is helping ginners their asking levels (159-160 usc/kgs FOT) remain on the high side. Regarding 'on call' sales merchants would be interested in a basis of 300 pts OFF March 08 (depending on quality / shipment / payment terms) while ginners are trying to get something better mostly affected by the strong volatility of the market.

Thrakika Ekkokistiria S.A.


Must ReadView All

CPTPP comes to Vietnam Jan 14 with benefits, challenges

Apparel/Garments | On 23rd Jan 2019

CPTPP comes to Vietnam Jan 14 with benefits, challenges

The Comprehensive and Progressive Agreement for Trans-Pacific...

USTR aims for more balanced trade in US-EU trade talks

Textiles | On 23rd Jan 2019

USTR aims for more balanced trade in US-EU trade talks

In negotiations for a trade agreement with the European Union (EU),...

Pakistan's textile exports stable in H1 FY18

Textiles | On 23rd Jan 2019

Pakistan's textile exports stable in H1 FY18

The value of textile and garment exports from Pakistan remained...

Interviews View All

Shawn Honeycutt, Bolger & O'Hearn

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Anshul Sood, Oceedee

Anshul Sood
Oceedee

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

Binoy Ravjani, Hero's Fashion

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

John Kelley,

John Kelley

Textile Events is one of the largest textile fair in the United Kingdom,...

Rajat Jaipuria,

Rajat Jaipuria

Activewear brand Soul Space promotes organic cotton farming and...

Maya Simova,

Maya Simova

Inter Expo and Congress Center (IEC) is a prominent exhibition centre in...

Eric Scholler, Groz-Beckert

Eric Scholler
Groz-Beckert

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

Pierre Wiertz, EDANA

Pierre Wiertz
EDANA

Pierre Wiertz talks about the vast world of sustainable nonwovens and...

Suresh Patel, Sidwin Fabric

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Amiben Shroff, Shrujan

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

Robert Brunner, Devereux

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Anisha Chaudhari, Threads & Shirts

Anisha Chaudhari
Threads & Shirts

Threads & Shirts is a freshly-tailored concept providing men/women a...

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


January 2019

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

news category


Related Categories:

Advanced Search