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Textile firms renew demand for banning cotton exports20-NOV-09
With the price of domestic cotton rising and a high level of export contracts, the Confederation of Indian Textile Industry (Citi) has renewed its demand for restricting the latter.
Bumper cotton crop raises fear of distress sale in Ganjam18-NOV-09
The projection of a bumper cotton production this year in south Orissa's Ganjam district has brought back fears of distress sale of the crop.
Cotton, jute exchanges try to persuade members to activate dormant platform18-NOV-09
Two specialised regional commodity exchanges — the Mumbai-based Cotton Association of India (CIA) and the Kolkata-based East India Jute & Hessian Exchange (EIJHEX) — have engaged members in several rounds of talks to activate contracts on their respective platforms.
Cotton yield hits 4-yr low, dips 5.45%14-NOV-09
The country’s cotton yield has hit a four-year low in the current season, as the delayed monsoon disrupted sowing earlier. This is for the consecutive year that the country’s cotton output is estimated to slip below 30 million bales (1 bale = 170 kg). The cotton season starts from October and ends in September.
Cotton yield to decline 4.45% on adverse climate13-NOV-09
Hit by drought during sowing season, flood in flowering time and cyclone on harvesting, India’s cotton yield is estimated to decline 5.45 per cent this year.
Textile industry demands ban on cotton exports13-NOV-09
Unnecessary, says ministry, as the country has enough stock.
Suspend cotton exports to help textiles ind: FIEO12-NOV-09
Exporters today appealed to Prime Minister Manmohan Singh to suspend export of raw cotton saying rising prices of the commodity has become a double whammy for textiles industry, hit by the global demand slump.
Exports still in red, at $14.1 bn in Oct12-NOV-09
India’s exports for October stood at $12.5 billion, down 11.4 per cent from $14.1 billion in the same month last year, on the back of weaker demand for Indian goods in the traditional markets of the US, EU and Japan.
Cotton exports to double on China, Pak demand12-NOV-09
Cotton exports from India, the second-biggest grower, will more than double this crop season as China and Pakistan seek more fiber to make up for a shortfall in supplies from the US, a government official said.
Mills seek ban on cotton exports11-NOV-09
“The actual cotton production would slip to 26 million bales (one bale is 165 kg) this year, as against 29 million bales produced during the last season due to drought and floods in all major cotton-growing states. Of the production during 2009-10 season, only around 16 million bales are expected to be of above average quality. If this cotton is exported as against the domestic requirement of 24 million bales, the Indian textile industry would lose its competitive edge in the global market,” R K Agarwal, member of Sima, and chairman of AP Spinning Mills Association, told reporters here on Tuesday.
Low output: Cotton body urges Centre to ban exports11-NOV-09
The Southern India Mills’ Association (SIMA) has urged the Centre not to register any further contracts for cotton exports and ban exports for the current season (2009-10).
Govt urged to ban cotton export immediately04-NOV-09
Southern India Mill Association has appealed to the Centre to immediately ban cotton export and stop registering any cotton for export considering the ''grave'' situation being faced by the textile industry.
Cotton buying begins, output may fall short of estimate04-NOV-09
Cotton output may fall short of the Cotton Advisory Board (CAB) estimate due to adverse climate in Punjab, the fifth-largest producing state, and crop disease in Maharashtra, the largest grower in the country.
Oilseed output may dip 9% on low yield04-NOV-09
Oilseed output is estimated to decline 9 per cent during the current kharif harvesting season due to a decline in acreage and low yield. Drought in the kharif sowing season followed by floods during the flowering period led to a 5 per cent fall in the acreage.
Punjab cotton growers reap rich harvest29-OCT-09
This year again there is windfall gain for the cotton growers of Punjab. The average price of medium staple cotton in the state is ruling above MSP of Rs 2,800 per quintal in different mandis of the state. Analysts feel in coming days the price of cotton would further surge.
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