Cotton news »
Cotton Futures Surge by Exchange Limit in N.Y. After India Bans Exports
Cotton for May delivery rose by the exchange limit of 4 cents, or 4.5 percent, to 92.23 cents a pound at 8:27 a.m. in New York. A close at that price would be the biggest
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India Bans Cotton Exports Until Further Notice; Futures Rally in New York
India, the world’s second-biggest cotton exporter, halted shipments until further notice, according to the Commerce Ministry. Futures rallied, and the country’s cotton association called for the curb to be reviewed. “Export against registration certificates
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India bans cotton exports effective immediately
Reuters – India has banned cotton exports with immediate effect, the Directorate General of Foreign Trade (DGFT) said on Monday without providing a reason. “Export of cotton has been prohibited till further orders,” the
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Govt bans cotton exports
CHENNAI, MARCH 5: The Centre on Monday banned with immediate effect exports of raw cotton, catching shippers, industry and growers by surprise. In a notification issued early in the morning, the Directorate General of
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Howell: Cotton futures manage slight gains amid scale mill buying
Scale-down mill fixations and commercial buying have countered commission house selling as cotton futures chopped within mostly a sideways pattern after a somewhat “less bearish” USDA supply-demand outlook. Benchmark May managed a slight 44-point
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China to raise cotton purchase price by three percent
The central government will raise its purchase price for cotton this year by 3 percent, aiming to forestall a decline in domestic cotton acreage, the China Cotton Association. Reduced acreage could prompt China, the
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Cotton prices down in North India
Abohar – Cotton prices declined in North India Saturday as demand slowed down at higher level. Total arrivals in the region stood at 22,000 bales. J-34 RG quoted in range of Rs 3,625-3,675 per
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14.37mn cotton bales reach ginners by Feb 29: PCGA
RECORDER REPORT MULTAN: Pakistan Cotton Ginners Association (PCGA) released its fortnightly report reveals that around 14.37 million cotton bales have been sourced to the country’s ginners by Feb 29th, 2012, as revealed by the
Read More »NY cotton closes down for 3rd time, may slip further
* Strong dollar keeps market on defensive * Scale-down mill buying pares cotton losses NEW YORK, March 2 (Reuters) – Cotton futures ended lower Friday for the third session in a row in the
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Pakistan: Dull trading prevails at cotton market
KARACHI: Trading at Karachi cotton market remained dull with plenty of forward deals amid stable spot rate, traders at the Karachi Cotton Association (KCA) said on Friday. The KCA kept the spot rate unchanged
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Cotton prices fell by over Rs 3,000 per candy in February
On the back of lower international and domestic demand, cotton prices have witnessed a fall of about Rs 3000 per candy during the month of February. Market sources hinted at a further slide in
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Experts warn over China as cotton inventories soar
The world’s cotton supplies are to hit their loosest since the 1990s, experts said, signalling that the impact on the market of swelling inventories may depend on how China handles its stockpile. The International
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India: Cotton body rules out market intervention for now
COIMBATORE, MARCH 2: The Cotton Corporation of India (CCI) does not foresee any change in its role for now in view of the high volatility in the price of the natural fibre. The Corporation’s
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Cotton Council seeking other options besides ‘one-size-fits-all’ farm bill
Mid-South cotton and grain farmers are no strangers to uncertainty in their farming operations. No one knows, for example, if the Mid-South will have an early spring or a “blackberry winter” in the next
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Cotton market facing two big uncertainties
The cotton market faces two huge uncertainties in the short-term, according to Joe Nicosia, CEO of Allenberg Cotton Co. One is how to deal with the hangover left after high cotton prices of 2010-11
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Ghana: Textile companies sign agreement to boost cotton cultivation
The Government’s commitment to revive the cotton industry on Friday received a boost when three companies signed a business agreement with the assurance to cotton farmers that their labour and investment would yield dividend.
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CCI sees only limited role for itself in cotton procurement
Coimbatore, Mar 2 (PTI) With cotton prices ruling 10 per cent above the Minimum Support Price (MSP), the Cotton Corporation of India sees limited role for itself in procuring it during the current season,
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Masipattam-sown cotton price to remain stable
The Domestic and Export Market Intelligence Cell of Tamil Nadu Agricultural University has asked farmers to sow cotton during Masipattam (February-March), as the price of Masipattam- sown cotton that will be harvested during June-September
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Cotton ignores news, trends; closes below 90 cents
New York. Cotton futures were going “haywire” on the first day of the new month as traders finished squaring the books, says Penson Futures analyst Sharon Johnson. “It’s not acting in a way that’s
Read More »Depressed trading on cotton market
KARACHI, March 1: Cotton market on Thursday remained under pressure partly owing to fall in global prices and partly to slack mill demand amid light trading. Although official spot rates were again lowered by
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