Search Result for : India Cotton Exports

PTI Pakistan has lifted an "undeclared" ban on import of ginned cotton from India, days after rejecting a consignment of 10,000 bales of cotton from India citing violation of plant quarantine rules by importers. Earlier, the Department of Plant Protection (DPP) of the Ministry of National Food Security and Research put cotton imports from India on hold through Wagah and Karachi port from November 23, saying the shipments did not fulfil phyto- sanitary conditions, Dawn newspaper reported.The rising border tensions between the two neighbours had prompted Islamabad to impose the ban on 10,000 bales of cotton worth $3.3 million from India."The DPP has started issuing permits for importing cotton from India via Wagah. But the DPP has also made it clear to ...

The Dollar Business Bureau All Pakistan Textile Mills Association (APTMA) has asked its government to stop exporting cotton from Pakistan to India. The industry body is urging to protect the interests of Pakistan textile industry. Cotton exports to India without determination of the crop size for FY 2016-17 will hurt the textile industry in Pakistan, APTMA Chairman Tariq Saud said. The industry has already been burdened with 35% decrease in cotton crop production in the country during FY 2015-16. Due to this, it has been importing more than 4 million bales of cotton for its domestic consumption, he said. Cotton cultivation in Pakistan is expected to decline around 25% in FY 2016-17. This will ultimately result in low crop produce in the country. ...

The Dollar Business Bureau India’s cotton production, during the crop year 2015-16, is estimated to be 341.50 lakh bales, as per the Cotton Association of India (CAI). The industry body has put April estimate of cotton output at 341.50 lakh bales (1 bale = 170 kgs) for 2015-16 crop year (October-September). The overall output of cotton for the crop year 2014-15 was 382.75 lakh bales, the Association said in a statement. The lower estimate is primarily due to the damage caused to the crops by white-flies this year, in the northern region of the country. The total production of cotton in the northern area during 2015-16 season is expected to be 41 lakh bales, lower from 53.50 lakh bales a year earlier, ...

The Dollar Business Bureau In the current marketing year end of September, the exports of cotton is likely to decline by 10% to 6 million bales due to a of hike in domestic prices, which restricted the competitive aspect of the natural fibre globally. India had exported 6.7 million bales in the marketing year of 2014-15. The top most export destinations were Bangladesh, Vietnam and Pakistan. BK Mishra, Chairman and MD of Cotton Corporation of India, revealed that so far 5 million bales were exported. However, exports have stopped as global prices are cooling down and domestic prices are increasing. The estimated total cotton exports will be around 6 million bales in 2015-16, he said. The prices within the country have increased to Rs. 1,000, ...

The Dollar Business Bureau   The Telangana CM K Chandrasekhara Rao has asked the farmers not to grow cotton this kharif season due to the decline of cotton prices globally. The State government also urged the farmers to sow an alternative crop as the cotton industry was suffering huge losses all around. Thanks to many non-governmental organizations and social campaigners, the Government has a clear picture with regard to the number of farmer suicides last year. Reports show that the number of farmers committing suicide was more among those who grew cotton. These farmers resorted to such extreme steps due to severe financial problems. Keeping these numbers in mind the TS government has decided to start a full length campaign to reduce the area under ...

Dated 8 December, 2014 | Notification no. 102 (RE-2013)/2009-14 | Subject:- Amendment in export policy of cotton In exercise of the powers conferred by Section 5 of the Foreign Trade(Development & Regulation) Act, 1992 (No.22 of 1992) read with Para 1.3 of the Foreign TradePolicy, 2009-14, as amended, the Central Government hereby makes, with immediate effect, thefollowing amendments in respect of Sl. No. 197 & 199 of Chapter 52 of Schedule 2 of ITC (HS)Classification of Export & Import Items. 2. The existing entries stipulated against Sl. No. 197 & 199 in Chapter 52 of Schedule 2 of ITC(HS) Classification of Export & Import Items are substituted as follows   Chapter 52 Cotton   3. The effect of this notification ...

 Neha Dewan | @TheDollarBiz An overloaded truck carrying cotton crop, Kota, Rajasthan, India   The US Department of Agriculture (USDA) says that cotton exports from India in MY2014-15 may decline to the lowest in three years to around 5 million (480 lb) bales, which is down almost 47% from an estimated 9.4 million (480 lb) bales exported in the previous year.  Last month, the USDA Post in New Delhi had said that India’s cotton exports in the marketing year beginning August 2014 may reach around 6 million (480 lb) bales, but the figures have been revised downwards, mainly due to declining demand in China which is expected to lower its cotton purchases from India. Source - USDA China’s restrictive import policy and surplus ...

The Dollar Business Bureau | @TheDollarBiz After rising by almost 19% y-o-y in MY2013-14, India’s cotton (raw) exports are expected to decline sharply by almost 35% this year, mainly due to lower demand in China. According to the USDA Post in New Delhi, India’s cotton exports in the marketing year beginning August 2014 are forecast to decline to 1.3 million tonnes (around 6 million 480 lb bales), which is down about 34.8% from an estimated 2 million tonnes (around 9.2 million 480 lb bales) exported in MY2013-14. India is the world’s largest cotton producer (about 6.7 million tonnes) and the second largest exporter of cotton. India’s cotton exports have grown in the last few years, in tandem with growth in China’s imports. ...