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Yarn prices dip amid domestic oversupply
The prices of cotton yarn have slumped for the first time to the level of clean cotton. “Normally, the yarn price consists of 65 per cent raw cotton and 35 per cent conversion cost, or 70-72 per cent of clean cotton and 28-30 per cent of processing charges. Since the yarn prices have come almost to the level of clean cotton, fabric manufacturers are unable to recover the conversion cost," said
The prices of cotton yarn have slumped for the first time to the level of clean cotton. “Normally, the yarn price consists of 65 per cent raw cotton and 35 per cent conversion cost, or 70-72 per cent of clean cotton and 28-30 per cent of processing charges. Since the yarn prices have come almost to the level of clean cotton, fabric manufacturers are unable to recover the conversion cost," said
Cotton ginners see margins improving as prices take a dip
A fall in cotton prices has rejuvenated cotton ginners in Gujarat as they see improved margins.
A fall in cotton prices has rejuvenated cotton ginners in Gujarat as they see improved margins.
Cotton export registration picks up steam with fresh arrivals
Registration for exports of raw cotton is picking up steam with the arrival of the first round of cotton.
Registration for exports of raw cotton is picking up steam with the arrival of the first round of cotton.
Punjab slashes fees on raw cotton
Punjab Chief Minister Parkash Singh Badal today decided to slash the market fee and Rural Development Fee (RDF) on cotton varieties Narma and Kapas from 2 per cent to 1 per cent with immediate
Defer cotton exports till January: Textile industry
The textile industry has asked the government to defer raw cotton exports till January 2011 to ensure availability for the domestic market, following reports of less than adequate carry-over stock
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