by TEXTILE VALUE CHAIN | Jul 25, 2023 | cotton industry
The cotton industry is eagerly awaiting a rebound after a poor year, with sales volume predicted to increase by 5-7% compared to the previous one. Industry watchers contend that the optimism is based on elements including the convergence of cotton pricing in India...
by TEXTILE VALUE CHAIN | Jul 25, 2023 | cotton industry
24 July, London – Better Cotton, the world’s largest cotton sustainability initiative, and Cotton Egypt Association (CEA), the organisation responsible for promoting and protecting Egyptian cotton worldwide, have announced a new strategic partnership to expand...
by TEXTILE VALUE CHAIN | Jul 19, 2023 | Fibres and Yarns, News & Insights
Synopsis: In FY22, Indian cotton yarn manufacturers achieved record-high profitability due to strong demand, lower domestic cotton prices compared to international prices, and the USA’s ban on cotton products from China’s Xinjiang region, which redirected...
by TEXTILE VALUE CHAIN | Jul 13, 2023 | cotton industry, News & Insights, sustainable
12 July, London – Better Cotton, the world’s largest cotton sustainability initiative, has signed the United Nations Economic Commission for Europe (UNECE) Sustainability Pledge ahead of the launch of its Traceability Solution at the end of 2023. The Sustainability...
by TEXTILE VALUE CHAIN | Jul 7, 2023 | Fibres and Yarns, News & Insights
Farmers are selling to local dealers around 4,000 to 4,500 rupees per quintal in a number of areas in the Tiruvarur district even though the Minimum Support Price (MSP) is roughly 6,300 rupees per quintal. Tamil Nadu cotton farmers, particularly those in the delta...
by DIGITAL MEDIA EXECUTIVE | Jun 10, 2023 | cotton industry, COTTON PRICE
After the government on Wednesday raised the minimum support price (MSP) for the commodity for the 2023–24 marketing season by over 9% year-over-year, cotton prices, which have dropped by over 25% in the last eight months, are anticipated to stabilise. There was a...
by DIGITAL MEDIA EXECUTIVE | Jun 7, 2023 | cotton industry, science and technology
Soon, a satellite in space could be involved in determining whether your favourite cotton dress is organic. A new initiative by the European Space Agency (ESA) and Global Organic Textile Standard (GOTS) plans to combine data from satellite images and artificial...
by DIGITAL MEDIA EXECUTIVE | Jun 3, 2023 | Fibres and Yarns
The market in India has seen varied trends for polyester, viscose, and cotton yarn, with polyester-cotton (PC) yarn exhibiting a downward trend. While trading rates for polyester spun yarn have increased, the cost of polyester-cotton yarn has reduced in Ludhiana....
by DIGITAL MEDIA EXECUTIVE | Jun 1, 2023 | cotton industry, COTTON PRICE
The Southern India Mills Association (SIMA), the apex body of spinning mills in South India, has asked farmers to dispose of cotton stocks held back by them before the monsoon begins to fetch better prices. “It will be difficult to gin cotton during the rainy season,”...
by DIGITAL MEDIA EXECUTIVE | Jun 1, 2023 | News & Insights
The nation’s largest cotton textile production hub, the Narol textile cluster in Ahmedabad, plans to improve its Common Effluent Treatment Plant (CETP). The CETP will increase its existing capacity of 100MLD (million litres per day) to 130MLD. About 120 member...
by DIGITAL MEDIA EXECUTIVE | May 29, 2023 | Business & Policy
To foster an environment where micro, small, and medium-sized enterprises (MSMEs) may grow their operations and draw in more investments, the government will provide incentives for the construction of industrial parks on private property. Despite the fact that...
by DIGITAL MEDIA EXECUTIVE | May 29, 2023 | cotton industry, COTTON PRICE
Given that Punjabi farmers are reported to be reducing the acreage during the kharif planting season, the amount of cotton planted in North India is not likely to reach the levels seen previous year. However, farmers in Haryana and Rajasthan are set to plant more land...