Uncategorized

The crop is in flowering and ball-formation stages with early harvests to begin from September in Punjab.

The National Hurricane Center says much of the East Coast is at risk from Hurricane Irene with the potential Cat-4 storm’s 5-day track centered on the Carolinas. The damage in the Caribbean is extensive, although this year’s coffee and sugar crops were largely harvested already. In the U.S., cotton crops in Georgia and South Carolina More >

International cotton prices would average 70 cents/lb or below our minimum support price this year, says inter-governmental monitoring body ICAC.

Shares of Under Armour (UA +6.6%) jump after catching an upgrade from Capstone and a Buy initiation from Canaccord on the strength of its cotton apparel products. Also gaining are Dick’s Sporting Good (DKS +4.9%), Foot Locker (FL +2.1%) and Nike (NKE +1.7%), retailers where UA plans to launch a store-within-a-store strategy. Post your More >

Toilet paper maker Cottonsoft has slammed as “wrong and outrageous” claims that its paper comes from felling Indonesian rainforests, home to critically endangered Sumatran tigers.Greenpeace, the Green Party and World Wildlife Fund…

Delayed rainfall and a drop in cotton prices have ensured that cotton has not eaten into the soyabean acreage as expected before the beginning of the kharif season.

Punjab CM Parkash Singh Badal today sought the personal intervention of PM Manmohan Singh for lifting the cap on cotton exports.

The govt will restore the benefit with retrospective effect on the ground that it was no longer its policy to disincentivise exports of commodity.

Cotton yarn exporters will get the benefit from April 1 2011 while cotton exporters can claim DEPB from October 1 2010.

The free fall in cotton prices doesn’t have much further to go and a drought in Texas could reverse the trend