Cotton and Textile Market News

Cotton prices fall amid weak demand, increased supply

Falling domestic demand from mills coupled with increase in supply in form of new arrivals has pulled down cotton prices by Rs 800-1,000 per candy of 356 kg. What's more, the prices are likely to continue to fall during the festive period in November due    ....... Read More

November 01, 2015 654 Likes

Whitefly resistant cotton variety developed

In a quiet corner of a poly house maintained by the National Botanical Research Institute (NBRI), Lucknow, are manicured rows of cotton plants bearing flowers. Nothing quite unusual here; unless you are told that these cotton plants are resistant to tiny    ....... Read More

November 01, 2015 704 Likes

Swedish furniture retailer Ikea sources 35% of cotton from India

NEW DELHI: Swedish furniture retailer Ikea, which proposes to open outlets in the country, is sourcing over 35% of its cotton requirement from Indian farmers, according to a top company executive.

Cotton is an important raw material for the wor   ....... Read More

November 01, 2015 596 Likes

Damodar Industries to set-up textile units in Bangladesh

Damodar Industries has received an approval for forming a Joint Venture Company (JVC) for setting up textile units in Bangladesh. The board of directors at their meeting held on October 30, 2015 has approved for the same.

Damodar Industries is    ....... Read More

November 01, 2015 549 Likes

Cut excise duty on man made fibres to 6%: Textile Commissioner

The office of the textile commissioner has recommended to the Centre to reduce excise duty on man made fibres (MMF) from 12% to 6%.

The recommendations were made based on discussions with various export promotion councils and traders bodies som   ....... Read More

November 01, 2015 505 Likes

A new initiative designed to improve cotton yields in India

A new initiative designed to cut costs and improve cotton yields in India's Maharashtra state, is helping some of the country's most vulnerable farmers, who depend on the crop for their survival, with some simple measures, the UN's agricultural agency say   ....... Read More

October 31, 2015 674 Likes

ICAL extends financial help to distressed cotton farmers

Bathinda, October 30
Under its initiative Help The Cotton Farmer in the Northern region that witnessed damage to the cotton crop due to the whitefly attack, the Indian Cotton Association Limited (ICAL), Bathinda, has claimed to have disbursed aroun   ....... Read More

October 31, 2015 608 Likes

Spurious seed suppliers to face prosecution

The government would proceed legally against companies which have supplied spurious cotton seed this kharif which has resulted in loss to farmers in Adilabad district. A report on survey of crop loss and identifying reasons for it has already been sent to   ....... Read More

October 31, 2015 608 Likes

Cotton wilts on poor offtake

Rajkot, October 30:

Cotton prices moved down as demand from domestic mills declined. With this, higher supply from the producing belt also pressurised the prices. Kapas or raw cotton marginally declined on slow demand. Gujarat Sankar-6 cotton   ....... Read More

October 31, 2015 683 Likes

Sharp drop in raw cotton arrivals

CHANDIGARH: Following the massive attack of whitefly insect on the crop, raw cotton arrivals in Punjab and Haryana are less than half of the previous year, though it is fetching slightly higher rates as compared to 2014. From September 1 to October 29, to   ....... Read More

October 31, 2015 672 Likes


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