Cotton prices jumped to a six-month high as a worldwide equity rally eased concern that demand may slow, while soaring soybean values increased the chances that U.S. farmers will plant less cotton. The Dow Jones Industrial Average rose as much as 3 percent to an 11-week high, signaling a quicker end ...
India has said it should be included in the exclusive meetings which the US has been holding with West African cotton producing countries on subsidy cuts as part of the on-going Doha round of multilateral trade talks at the World Trade Organization (WTO). As India is the second largest cotton producing country in ...
India has challenged a move by Turkey, its second-biggest market for textiles, to shield Turkish industry from surging cotton yard imports, a document on the World Trade Organisation (WTO) website showed on Wednesday. The document, dated March 5, said India as an exporter of cotton yarn was seeking consultations with Turkey ...
Cotton futures fell in tandem with other commodities after China, the world’s third-largest economy, quelled speculation that it will add to its stimulus measures. Coffee was unchanged. Premier Wen Jiabao indicated the government won’t boost a 4 trillion yuan ($585 billion) spending plan. The Dow Jones Industrial Average slipped as much ...
Practically all of Mozambique's cotton companies missed their targets for the 2007/2008 agricultural year, according to the latest report from the Mozambique Cotton Institute (IAM). The final data from the marketing of raw cotton from the 2008 harvest was that 69,500 tonnes was produced, over seven per cent lower than the ...
The benefit of five per cent incentive on exports of cotton given effect retrospectively from April 1, 2008, would not reach the intended beneficiaries, a top industry official has said. With the cotton season already over and most farmers having sold their produce, the aim of the government to provide relief ...
Cotton futures rose for the first time in five sessions on signs that demand in China, the world’s biggest consumer of the fiber, may be steady amid the global economy’s slump. The China Cotton Index delivered mill price has gained 4.2 percent this year as the country increased reserves, while futures ...
U.S. cotton crop may shrink due to prolonged drought in Texas The price of cotton is down 10% this year and prices of cotton futures have dropped to a three-month low this week due to mounting concern that the slumping global economy will continue to erode demand for fibers used to ...

The Karachi Cotton Association on Saturday fixed the official spot rate, or base price, for Grade 3 cotton at 3,590 rupees per maund (40 kg).The Grade 3 cotton has a staple length of 1-1/32" (inches) and micronaire value between 3.8 to 4.9 NCL (no control limits) which represents fine to coarse classes ...