Source: China Macro Economy

South India’s cotton yarn prices decreased by ₹5-12 per kg after Diwali as demand remained weak amid seasonal decline in cotton prices. Buying activity by buyers in the textile value chain is limited, which is further dampening market sentiments. However, traders expect seasonal buying to pick soon as stocking is essential during cotton arrival.  The

Due to the near continuous rains this season, the pest attacks, mainly pink bollworm, on the cotton have been lower this year. Also, the TS Government officials ensured that use of herbicide tolerant cotton seeds (HrBt), which is not approved by the Government, is kept low compared to 15% to 16% of the acreage at the national

As the deadline for importing duty-free cotton in India was met yesterday, an industry body has urged the government to extend the period for duty-free cotton imports to November 30. Recent disruptions in global supply chain have delayed the India-bound cotton imports from Australia and US.  It is to be noted that the government had

FY ’22 proved to be a great one for Indian cotton yarn exporters as they managed to tap 92.32 per cent growth on yearly basis. However, the start of FY ’23 remains dismal as India’s cotton yarn exports declined by 42.82 per cent to US $ 1.14 billion in April to August period, as per