All of the mills trying to get into that category and really trying to get market share there, he says. Open-end cotton is less expensive to produce, he says, because it goes through fewer steps than its counterpart, ringspun cotton. It s more efficient to produce and much more cost effective. So often when customers are buying and selling it s very much a price game, he says. People looking for good value tend to be drawn to 6.1 open end, Stack says. It fluctuates every single day. Having...

In a similar measure to further support the cottage and fledgling industrial sector, the export obligation period has been extended from eight to 12 years. It is the largest foreign exchange earner (about 35 per cent of the forex coffers), contributing to over 20 per cent of India's exports and 14 per cent of the industrial output, securing more than 5 per cent of the country's GDP and providing direct employment to 38 million people belonging primarily to weaker sections of the society,...

When the time comes for these farmers to sell their cotton or wheat quotas to the state, they usually have to scramble to buy up others excess crops at market prices. But it is unclear whether the authorities have the legal powers to do so it is not a criminal offence to plant other crops instead of cotton. This comes at a cost - farmers who resorted to this measure last year said the amount they got from the government was half what they had paid for the crops they bought on the open...

The decision to import cotton would be implemented in phases under which long staple cotton would be imported from India in the first phase. However, the decision to import short staple cotton would be taken after carrying out the study that will determine if the farmers' community in Pakistan will be affected or not, media reports here said. The permission to import through Wagah followed pressure from local textile industry that high import costs due to imports through sea were making...

In a similar measure to further support the cottage and fledgling industrial sector, the export obligation period has been extended from eight to 12 years. It is the largest foreign exchange earner (about 35 per cent of the forex coffers), contributing to over 20 per cent of India s exports and 14 per cent of the industrial output, securing more than 5 per cent of the country s GDP and providing direct employment to 38 million people belonging primarily to weaker sections of the society,...

YarnsandFibers.com (YNFX) announces Joint Co-operation with Confederation of Textile Industry (CITI) Sign In . Sign Up . About . Help . Learn More . Blog Recent News . Local News . News by Category . News by Date YarnsandFibers.com (YNFX) announces Joint Co-operation with Confederation of Textile Industry (CITI) YarnsandFibers.com (YNFX) announces Joint Co-operation with Confederation of Textile Industry (CITI) Sign In . Sign Up . About . Help . Learn More . Blog Recent News . Local News ....

With India becoming world's second largest cotton producer, state-wise production should be further monitored and farmers, especially from the south, need to be encouraged, he said. Meet to help cotton farmers, traders. The average yield needs to be brought to the international level so that farmers would be benefited, Viswanathan said. Coimbatore, May 8: In a bid to help cotton farmers increase their yield, the South India Cotton Association (SICA) is organising an interactive session to...

A proposal has been sent for having 50 new textile parks throughout the country of which the first one will be in Vidarbha. Vidarbha s farmers don t get enough price due to the low count variety of cotton, the problem can be alleviated by CCI, he said. The minister also advocated corporate farming for cotton which can improve the peasants condition. The government has in-principle agreed to have the unit in Vidarbha, however the exact location has not been identified yet. NTC had invited...

The difference between the June spot and the October futures prices should generally represent the 'cost of carry', although other factors, including seasonal, may come into play. We are in the process of examining how commodity price risk can be managed by using a hedge contract. The futures market captures in a rational manner the overall mood of the market participants. Therefore, his loss in the physical market is offset by his profit in the futures market. However, he has also...