The increasing demand for organic cotton goes hand-in hand with the increasing interest in the cotton stickiness testing. Mesdan’s CONTEST-S helps to check cotton stickiness to improve yarn quality.
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Cotton prices have remained volatile for quite some time. The textile industry has raised the issue of rising domestic cotton prices with the government. If raw material prices continue to remain elevated for an elongated period, it can negatively impact margins for yarn manufacturers, says Pulkit Agarwal, Associate Director, CARE Ratings. In this interview, he analyses the fibre and yarn market against background of rising input costs and recent policy announcements (like of the Government of India.
The increasing demand for organic cotton goes hand-in hand with the increasing interest in the cotton stickiness testing. Mesdan’s CONTEST-S helps to check cotton stickiness to improve yarn quality.
According to the traders, the cotton prices have been lifted to an 11-year high of Rs14,500/40kg due to dwindling supplies and delayed imports.
According to the traders, the cotton prices have been lifted to an 11-year high of Rs14,500/40kg due to dwindling supplies and delayed imports.
According to CARE Ratings, cotton-based textile products emerge as a clear winner with additional incentives of Rs 750-850 crore in the new rates of rebate under RoDTEP.
According to Cotton Association of India (CAI) estimates, cotton consumption for the current crop year will increase by 5 lakh bales to 330 lakh bales of 170 kgs each from its previous estimate of 325 lakh bales of 170 kgs each.