| India : GEA request Govt to suspend export of cotton yarn (December 25, 10)|
Mr. Rakesh Vaid, President, Garments Exporters Association has expressed serious concern over the recent decision of the Government to allow registration of contracts for export of cotton by the Directorate General of Foreign Trade vide Notification No.12(RE-2010)/2009-14 dated 16th December, 2010 which has resulted in further hike in the prices of cotton yarn and fabric.
| India : Indian official cotton estimate to arrive in mid January (December 24, 10)|
Cotton Advisory Board’s (CAB) revised estimate to be available in mid January-2011. The CAB is a government of India constituted body consisting of about 57 members which includes, Ministry of Textiles, Agriculture Ministry, Departments of Agriculture of various cotton growing states, representatives of ginning, trading, spinning sectors, etc. CAB overseas the cotton production estimate and makes the official estimate.
| India : Export reopening hope keeps up cotton prices (December 24, 10)|
Cotton prices remained high on Thursday due to the expected demand from exporters, who are waiting for fresh export registration to begin in the middle of next month. Shipments are expected from February 1. Prices may correct only once the export demand is met.
| Pakistan : Federal Minister backs duty-free cotton yarn export (December 24, 10)|
Federal Minister for Commerce, Makhdoom Amin Fahim, while speaking at the recently held executive committee meeting of the All Pakistan Textile Mills Association (APTMA) at APTMA house, said that the cotton yarn exports should not be subjected to any duty imposition and that he himself is against it.
| India : More sops for exports in mid-Jan: Sharma (December 24, 10)|
The government will announce more sops in mid-January for the export sectors that continue to languish in the global market, commerce and industry minister Anand Sharma has said. Consultations between the commerce department and various export sectors are over and inputs are now being analysed.
| India : Renewed cotton export halts drop in yarn prices (December 24, 10)|
Rising cotton prices on the back of renewed exports have arrested the fall of cotton yarn prices . Further, it has also led to a bullish trend across the textile value chain.