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USA COTTON IMPORTS
Cotton imports rise to meet domestic industry’s quality, supply requirements: Govt to ParliamentUS cotton imports have surged to meet domestic textile industry demands for quality and specialized varieties, bridging a significant suppl...- India's textile export to UK under FTA may offset US losses: CareEdge RatingsA new report suggests that losses from US tariffs on Indian textiles could be offset by increased exports to the UK, thanks to the recent I...
- Duty waiver on cotton imports extended till DecemberThe Indian government has prolonged the import duty exemption on cotton until December 31st to aid the textile industry during the festive ...
- Textile industry sets $100 billion export target by 2030, seeks policy boostThe textile and apparel industry has set a target of $100 billion in exports by 2030 and proposed a five-point plan. Key measures include r...
- India cuts import duty on blueberries, turkeys; fully exempts extra long staple cotton from levyThe Finance Ministry has slashed import duty on certain items of blueberries and cranberries from 30 per cent to 10 per cent in some cases ...
- India's cotton exports crash to 19-year low, production and yield plummetsIndia’s cotton production is at a historic low. Not just cotton yield, but the country’s cotton exports are also facing unprecedented press...
- Withdraw customs duty and agri cess on cotton: SIMA appeals Finance MinisterAt present, import of cotton attracts a 5 per cent basic customs duty and another 5 per cent AIDC.
- Indian textile industry steps up efforts to eradicate child labour employment in the sectorIn the list published on September 30, 2020, the US DoL has included Indian cotton seeds, cotton, thread/yarn besides other commodities bas...
- MCX cotton deposits up 285% in December 2020"On 31st December 2020 cotton deposit was 80,250 bales and on 31st December was 20,825 bales," said MCX. The curru cotton season began on O...
- CCI will not sell cotton at loss, says chairman P Alli RaniThe remark comes after South Indian Mills Association (SIMA) urged the textile minister to instruct CCI to sell the cotton at market price ...
- SIMA urges Union textile minister to intervene in cotton trading policies of CCIThe Southern India Mills’ Association chief has urged the Union textile minister to instruct CCI to sell the cotton at market price so that...
- Cotton exporters hope to resume trade with PakistanIndian merchants peg potential cotton exports from India to Pakistan at $1.5-2 billion.
- Global demand for polyester to remain weak: ICRAGlobal growth in polyester consumption is expected to be at a CAGR of about 6%.
- Trade war impact: Indian exports rise more to China than to US, says SBIThe bank has suggested the Export Refinance Scheme to be reintroduced by the Reserve Bank of India in INR and foreign currency.
- India's 2018-19 forward cotton export contract up 100% YoYIn 2017-18, India could not sign as many forward contracts since cotton availability was restricted.
- Trade talks may firm up commodity prices hereChinese and US negotiators are planning talks to resolve their trade row from August 21.
- Will get double digit growth in Q4: Dipali Goenka, CEO & Joint MD, Welspun IndiaDipali Goenka, CEO & Joint MD, Welspun India, is hopeful that the company will be able to get to a double digit growth in the fourth quarter
- Cotton farmers smile amid global, local demand and price pickupThe country’s cotton acreage crossed a record 10 million hectares in 2009 despite the poor monsoon, though the dry weather affected yields.
- World will need to look to India for cotton post-WTO rulingThere are opportunities galore for India to become a world leader in cotton following WTO's decision to strike down subsidies for cotton fa...
- Demand for US cotton growsSUPIMA Association expects the import to grow by 15 to 20 per cent this year.
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