by Manali bhanushali | Jun 19, 2021 | Industry And Cluster, News & Insights
Bangladesh has joined India and Brazil in reviving the global cotton trade. Cotton exports are increasing for the three major exporters: India, Brazil, and the United States. The US projection calls for greater exports, while inventories are expected to be at their...
by Manali bhanushali | Jun 15, 2021 | Industry And Cluster, News & Insights
Cotton imports to China are expected to reach a seven-year high in 2020/21, owing to the greatest predicted consumption in three years, substantial State Reserve (SR) imports, and favorable prices for imported cotton relative to domestic supply. China’s imports...
by Manali bhanushali | May 17, 2021 | Industry And Cluster, News & Insights
Cotton consumption is projected to rise 3.5 percent to nearly 122 million bales in 2021-22, up from the pre-pandemic pace of 2018-19. The USDA’s first cotton forecast for 2021/22 (Chart 1) shows that, while recovery from the COVID-19 pandemic is still underway,...
by Manali bhanushali | Dec 16, 2020 | Industry And Cluster, News & Insights
Global cotton prices, which had been trending up before the pandemic, retreated sharply from January to April, with the NY futures falling to a 10-year low. However, prices have rallied and now exceed pre-pandemic levels as mill use recovers and other factors support...
by Millionaires | Jul 16, 2020 | Industry And Cluster, News & Insights
PUNE: Domestic cotton prices are 16% below the international rates and traders are worried that prices may come under further pressure due to weak demand and increased sowing this season. Industry and trade associations allege that “excessively high”...
by Millionaires | Jul 15, 2020 | Industry And Cluster, News & Insights
History is pounding at agriculture’s door. One of the greatest farming enigmas to afflict growers in the last 100 years has been solved, yet the answer sits idle. At its core, the cotton riddle is simple: How to remove a naturally occurring pest deterrent from...
by Millionaires | Jul 14, 2020 | Industry And Cluster, News & Insights
China’s state reserve absorbs surplus domestic cotton to keep internal prices from falling too low, and also purchases foreign cotton at times. The state reserve also supplies to domestic market if prices and supplies outside of China are such that...
by Millionaires | Jul 11, 2020 | Industry And Cluster, News & Insights
The ‘astronomically high’ figures portray that there is a glut in Indian cotton, said the CAI Cotton trade body Cotton Association of India (CAI) has raised serious objection over the US Department of Agriculture’s (USDA) assessment of India’s cotton stock...
by Millionaires | Jul 10, 2020 | Industry And Cluster, News & Insights
July 9 (Reuters) – ICE cotton futures edged lower having hit a four-month high on Thursday ahead of the U.S. Department of Agriculture’s (USDA) monthly supply-demand report, which is expected to show a decline in production of the natural fiber. ...
by Millionaires | Jul 8, 2020 | Industry And Cluster, News & Insights
According to the USDA National Agricultural Statistics Service (NASS), cotton and peanut crops continue to develop. As a matter of fact, USDA meteorologist Brad Rippey says there was some overall improvement in the nation’s cotton crop this past week. Rippey...
