Cotton & Textile News Today

Recovering due to technical buying, ICE cotton juggles market ambiguity. Trade analysts eagerly await upcoming WASDE, US cotton export sales reports, and weather forecasts, crucially influencing US cotton crop's future. The US cotton July contract settled higher at 77.50 cents/pound.

Cotton prices remained stable affected by predictions of an improved cotton crop yield in countries like Australia. This development can potentially impact India's domestic cotton market.

Tiruppur's textile exporting factories face a workforce shortage of 20%, despite resurging demand. The domestic market hasn't fully recovered. Textile exporters and local suppliers collectively generate ₹64,000 crores, with equal contributions from both sectors.

Cotton prices are on a rise as strong demand for Indian cotton continues from buyers across globe, despite high prices, affirming the quality and demand of Indian cotton in global markets.

Cotton prices in the Intercontinental Exchange slumped due to weak sales and high global stockpiles. This downward trend may impact Indian cotton exports and domestic market sentiments, influencing local prices and market dynamics.

Strong demand continues for Indian cotton from global buyers, raising cotton prices. The increased demand underscores the high quality of Indian cotton in international markets.

Demand for Indian cotton remains strong among buyers, driving up market prices. This bullish trend marks a significant surge in the Indian commodities market.

Punjab's cotton production witnesses a surge despite a reduction in cultivation area, attributing improved yield to the usage of high-quality seeds and advanced agricultural practices.

Demand for Indian cotton remains strong, resulting in significant gains for the commodity in the market. This bullish trend showcases international buyers' trust in India's cotton quality.

Indian cotton, yarn, fabric, and handloom exports displayed a notable growth of 7%, touching $11.7 billion in FY24, as per recent data highlighting the robust demand for Indian textiles globally.