The CAI has lowered its estimate of the cotton crop for the ongoing season by 8 lakh bales. The reason for this reduction is severe infestation of the cotton crop by pink bollworm.
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COTTON USA, which unveiled latest apparel innovations at the Première Vision, featured new blended technologies in US cotton apparel that could drive sales growth.
Cotton imports by Southeast Asian nation of Vietnam have surged by around 50 per cent in January 2018, compared to the same month of the previous year, according to data from the country?s ministry of industry and trade. The US, followed by India, Australia, Brazil and Ivory Coast were the major suppliers of white fibre to Vietnam during the month.
Cotton Egypt Association has unveiled a new brand identity and digital platform to re-enforce Egyptian Cottonâ„¢ as the finest cotton in the world.
The Pakistan Cotton Ginners Association (PCGA) has opposed the recommendation of the Economic Coordination Committee (ECC) to withdraw 4 per cent customs duty and 5 per cent sales tax on the import of cotton from India and other countries, especially when the country had already suffered a loss of Rs 500 billion due to reduced cotton production.
The International Cotton Advisory Committee, Washington, has announced recently it expects global cotton consumption to increase in the coming year.
Sometime in next few years, hopes are high that China’s overall cotton import levels may rise and may even be back to 16 million bales