Indian silks are categorized according to the type of silkworm from which they are produced. The variances in silk are caused by both organisms (insect species and eco-races) and host food plant species. It is fascinating to realize that there is a highly particular insect-host food plant relationship, i.e., the insect species is not capable …
Cotton Australia CEO Adam Kay recently attended the three-day Northern Australia Food Futures Conference in the Northern Territory, which included a crucial emphasis on cotton as well as numerous major announcements targeted at boosting agriculture to a $2 billion sector by 2030. Kay spoke to 500 people on water efficiency while meeting with growers and …
Cotton Australia’s CEO argues for a $2 billion rise in agriculture by 2030 Read More »
Without a governmental extension, India plans to standardise its cotton trade strictly according to Indian Standard IS 12171: 2019. The Bureau of Indian Standards (BIS) has collaborated with ginners, merchants, and other vital stakeholders nationwide to implement the accompanying Quality Control Order (QCO) smoothly. Uncertainties exist in the business, however, since some players are unprepared …
India will standardize cotton trade in the next season, but hurdles await Read More »
Prices for polyester spun, polyester-cotton (PC), and viscose yarns fell owing to weak demand. PC and polyester spun yarn prices fell by 2-4 per kilogram in the Ludhiana and Surat markets. In the face of sluggish demand, the price of viscose yarn remained steady. Recycled polyester staple costs have also dropped; virgin polyester staple fiber …
Poly spun, PC yarn farther down in Ludhiana and Surat; viscose stable Read More »
A protocol modifying the Preferential Commerce Agreement (PTA) between Azerbaijan and Turkiye was signed, demonstrating Azerbaijan’s confidence in the continued expansion of bilateral commerce. Turkiye’s clothing exports to Azerbaijan have increased significantly over the past five years, increasing by more than 150%, and its fabrics exports have also increased considerably. Turkiye is finding increasing success …
Turkiye’s garment exports to Azerbaijan have increased by 150% in five years Read More »
According to S&P Global, the UK’s seasonally adjusted purchasing managers’ index (PMI) dropped from 47.9 in March to a three-month low of 47.8 in April 2023. It was, however, higher than the 46.6 flash estimate from earlier. Production, new orders, employment, and inventories of purchases—the five components of the PMI—all showed deteriorating operational conditions. Lead …
PMI drops to 3-month low in April, harming UK manufacturing Read More »
In a global poll on economic circumstances conducted by McKinsey in March, respondents identified inflation and geopolitical instability as the two biggest dangers to economic development. The COVID-19 pandemic is no longer seen as a significant macroeconomic danger. Even respondents in Greater China, who have expressed excessive worries about the economic repercussions of the epidemic, …
Top challenges to global growth, according to a survey, are inflation and geopolitics Read More »
With the help of dryer and warmer temperatures since Christmas, picking has started in much of Australia’s cotton-growing area, suggesting that the flooding and farm damage late last year may not have been as disastrous as initially thought. Even though the effects varied from state to state and region to region, some farmers were forced …
Australian cotton harvesting is in progress, showing promise Read More »
In the first two weeks of April, cotton prices in Brazil continued to decline and nominally fell to levels last seen in January 2021. The lower export parity value brought on the pressure, the significant seasonally high surplus, and projections for even greater output this year. Despite this, according to the Centre for Advanced Studies …
April saw the lowest cotton prices in Brazil since January 2021 Read More »
The textile sector has petitioned the Indian government to waive cotton’s 11% import charge. The levy on cotton imports was established by the Indian government three years ago. At the time, it made sense because Indian cotton was less expensive than cotton from other nations. The situation has now changed, with Indian cotton currently costing …
Cotton industry requests exemption from 11% import tariff to Indian government Read More »
