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US cotton farmers to receive support
With unsettled trade dispute between China and the United States, the US government announced support schemes. United States’ agricultural commodity producers will receive support to offset price imbalances due to the retaliatory tariffs imposed by China.
Egypt to modernise textile units
Egypt has chalked out a plan to spend 23-24 billion Egyptian pounds (LE) on modernising the state-owned textile sector, according to the head of the Cotton and Textile Industries Holding Company (CTIHC) Ahmed Mostafa.
Sneaker from cotton & corn
The Cotton + Corn programme in the US aims to produce footwear with “things that grow” in order to create sustainable products.
MCX signs MoU with Indian Cotton Federation
The MoU with MCX will enable ICF’s members to effectively participate in the exchange’s knowledge-sharing initiatives to understand the benefits, techniques and strategies of risk management using cotton futures contracts.
Demand for Egypt’s cotton revives
After a catastrophic year for Egypt’s cotton industry in 2016, a demand for the Egyptian white gold has emerged in the global market.
Applications invited for ICAC Researcher 2018
In 2009, the International Cotton Advisory Committee (ICAC) started an annual award “ICAC Cotton Researcher of the Year Award”. The award raises the importance of research to the cotton industry and provides international recognition for exceptional achievements.
ITFC to support cotton industry in Cameroon
The International Islamic Trade Financing Corporation (ITFC), a member of the Islamic Development Bank (IDB) group, has signed a syndicated agreement of €100 million with the government of Cameroon and the Société de développement du coton (Sodecoton) as the executing agency for the export of cotton and the import of various agricultural inputs.
Maharashtra to set up 9 textile parks
The Maharashtra Government is planning to set up nine textile parks in the northern cotton-growing regions of the State with an aim to supplement farmers’ income through value-added products.
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