News & Updates

Cotton ‘Smoking Hot’ After Biggest Weekly Rally in 12 Years 

The outlook for cotton is cautionary for the rest of 2022 after a volatile first half, the International Cotton Advisory Committee (ICAC) says in its latest price projection on the fiber. It couldn’t have been more prescient with its call.  Last week, cotton on ICE Futures US rose almost 21% for its biggest week in 12 years. […]

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Stronger cotton helps poly, PC yarn prices to go up in India

Polyester-cotton (PC) and poly spun yarn prices rose in the domestic market today as demand improved slightly amid better market sentiments. According to the traders, the upward trend in the cotton value chain was, in turn, supported by PC and poly spun yarn, which increased by ₹3-5 per kg in Ludhiana and Surat. Reliance Industries

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Is Bt cotton a success? Government’s GM mustard move reignites 20-year-old debate

As the government introduces genetically modified (GM) mustard in the country, debate still rages on a similarly modified variety of cotton introduced 20 years back. In 2002, Bt cotton from Monsanto was introduced in India and now forms 90 percent of the total cotton crop area in the country. During this period, India has gone to

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Need good quality cotton seeds to boost productivity

To increase India’s cotton productivity, supply of good quality seeds is the need of the hour and requires some concrete action from related ministries on a war footing, Union Minister Piyush Goyal has said. He also stressed the need to introduce advanced technologies related to high-yielding cotton seeds and innovative agronomy, such as high-density planting

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Cotton yarn prices up in Mumbai; demand improves in south India

South India’s cotton yarn prices witnessed a mixed trend today. Prices of various varieties and counts increased in Mumbai but remained steady in Tiruppur. Traders said that the demand improved in the last week as costlier cotton encouraged buyers. However, they were not ready to pay any price. Next few weeks will be crucial for

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Traceability crucial for Indian textile industry to scale globally

Traceability helps consumers trace the lifecycle of a product starting from sourcing the raw materials to manufacturing, disposing and finally the recycling of the same. Transparency and traceability will play a major role in the years to come for the Indian textile industry to scale-up its capabilities to cater to the global brands in an

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TRICK uses blockchain for product traceability in EU textile industry

The TRICK project, coordinated by Italian luxurious clothing manufacturer Fratelli Piacenza, aims at providing a complete, affordable and standardised platform enabling small and medium enterprises (SMEs) to collect and manage product data as well as access needed services on a dedicated, open business-to-business (B2B) marketplace in the European Union (EU). The platform will be demonstrated

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North India’s cotton yarn prices stable amid feeble demand

North India’s cotton yarn prices were steady today as demand from downstream industry did not improve. A gloomy picture of future demand and fear of recession in Europe were the main causes of concern for the textile sector. Cotton yarn prices were stable in Ludhiana, Delhi and Panipat, and cotton prices remained unchanged after experiencing

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