Cotton and Textile Market News

Bill to allow fixing price for Bt cotton seeds

In a move that will allow fixing the sales price of transgenic and Bt cotton seeds, the Assembly on Friday passed the Karnataka Transgenic and Genetically Modified Cotton Seeds (Fixation of Sale Price and Payment of Compensation) Bill, 2015.

Th   ....... Read More

August 02, 2015 459 Likes

With bumper production and huge carrying stock, India may need major support price operations for cotton, warns CAI

PUNE: Industry body Cotton Association of India (CAI) expects the 2014-15 cotton production to be surplus than the domestic requirement. With huge carrying stock with the Cotton Corporation of India (CCI), CAI has said that apprehensions of major support    ....... Read More

August 02, 2015 696 Likes

Three kota doriya weavers nominated for national awards

KOTA: Three kota doriya weavers have been nominated by the textile ministry for national award as master weavers to be awarded by Prime Minister Narendra Modi in Chennai on August 7 on national handloom day at Sant Kabir national award function.

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August 02, 2015 489 Likes

PM Modi to launch National Handloom Day on August 7 in Chennai

NEW DELHI: Prime Minister Narendra Modi will unveil "India Handloom" brand for better market positioning of quality handloom products on August 7 -- the day Swadeshi Movement was launched in 1905 -- at a mega event to mark the first-ever Nationa   ....... Read More

August 02, 2015 458 Likes

Textile sector seeks sops, reliefs to spur exports

The textile sector on Saturday sought from the government more funds for technology upgrade, duty reduction on man-made fibres (MMF) and interest subvention to spur exports.

"We have urged Finance Minister Arun Jaitley to allocate adequate   ....... Read More

August 02, 2015 564 Likes

FICCI moots measures to boost textile sector

For the current year, the budget allocation for TUFS has been reduced as against last year from Rs.1,840 crore to Rs.1,520 crore. This is grossly inadequate for the sector given the pending and future demands of the industry.

Representatives fr   ....... Read More

August 02, 2015 468 Likes

Major quantity of cotton likely to remain unsold: CAI

The CCI may not be able to sell a sizeable quantity of cotton at the end of the season, top officials of Cotton Association of India (CAI) said.

The Cotton Corporation of India (CCI) has procured about 87 lakh bales to provide price support to    ....... Read More

August 01, 2015 520 Likes

Cotton wilts on weak offtake

Rajkot, July 31:

Cotton prices moved down on weak demand from domestic mills and normal monsoon progress. Kapas or raw cotton traded flat on limited ginning demand. Traders said that demand was very limited and export buying was almost nil. G   ....... Read More

August 01, 2015 674 Likes

Expect Cotton prices to trade sideways to negative: Angel

According to Angel Commodities, Cotton prices are expected to trade sideways to negative on reports on good rains in the cotton tracks of Gujarat coupled with higher cotton reserves and expectation of good production estimates for the new season.
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August 01, 2015 566 Likes

Sunday Market on the anvil at Texvalley

Texvalley, the integrated complex for wholesale textile trade at Gangapuram, is all set to launch Sunday Market.

The idea behind Sunday Market was to optimally utilise the existing facilities, sources said.

The weekly market with abo   ....... Read More

August 01, 2015 543 Likes

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