Study found majority of injuries occurred as a result of using cotton tip applicators to clean ears
Mills in India caught on wrong footing as prices remained elevated, imports also rising
Cotton futures on MCX, more known for its energy and metal commodities derivative trading, has seen a highest trading volume among all agri commodities across exchanges. MCX Cotton futures turnover clocked Rs 407.65 Crore yesterday, which is the highest amongst all agri commodities across exchanges.According to a broker on MCX , which deals with many companies hedging their cotton requirement on the exchange platform, "big apparel companies like Arvind, multinational trading firms and mid size year spinning and other textile companies have increasing their hedging for cotton requirement on the MCX platform contributing to the high volumes." He declined to be named as some of companies are hedging through his broking arm on MCX.Recently MCX also addressed some events and projected cotton contract as their agri face and planning to enter a few more agri commodities. However still NCDEX continues to be the major exchange for agri trading and their efforts to lure farmers have yielded ...
Demonetisation-induced cash crunch has led to the closure of smaller spinning mills
Traders expect Rs 700-1,000 a tonne of further fall in cotton price by mid-Nov
Better monsoon, absence of pest attacks to raise yield by 17.47%
The lower shipments to Pakistan from the world's biggest cotton producer will help other suppliers such as Brazil and the United States
Historically, high cotton price has not benefited the spinning industry - it impacts demand, reduces competitiveness, and increases the risk of inventory loss
CAI has estimated the cotton crop in India for 2016-17 season at 33.60 million bales
Industry calls for global branding efforts of India's Shanker-6
This, after talks of withdrawal of the Most Favoured Nation status to Pakistan
However, the price rise has not benefited farmers in terms of realisations
Area under cotton crop expected to be lower by 10% than last year
Due to expectation of weak production during the year
Blame hoarders for the rise; many fabric making mills have opted for blending more and more of synthetic yarn
Whitefly attack damages crop in Punjab and Haryana; lack of rains threatens production in Gujarat and Maharashtra
Congress lambasts the SAD-BJP alliance for its failure in preventing the pest attack
Globally, average yield is set to improve by 5% to 735 kg a hectare, production is set to rise by 5% to 23 mn tonnes
The auction seeks to cater to, and fuel mill demand in that country and has put India's cotton and cotton yarn exports in a cautious mode
Pakistani supplies are available at about 70 cents per lb, therefore landed cost of imported cotton is lower than local prices