| Pakistan : Massive cotton imports to hurt textile sector (November 29, 10)|
The estimated 20 percent shortfall in the country’s overall cotton production during 2010-11 crop season will stand at around 2.3 million bales, which will financially burden country’s textile value chain from fiber to fabric.
| Bangladesh : BGMEA seeks apparel sector to be exempted from strike (November 29, 10)|
Abdus Salam Murshedy, President of the Bangladesh Garment Manufacturers and Exporters Association (BGMEA), recently requested the BNP to keep the apparel sector free from the strike which it has called on November 30, in the country’s larger interest.
| Pakistan : Govt’s claim of 20% rise in textile exports under suspicion (November 29, 10)|
The knitwear and sweater sector has expressed its doubts regarding the Pakistani government’s claims about the 20 percent rise in the country’s textile exports. The Government of Pakistan had claimed that during the July-October quarter of this year, the textile exports of the country had registered an increase of 20 percent as against the previous quarter.
| India : Cotton prices up despite rain (November 29, 10)|
Cotton prices in the open market this season have so far remained satisfactory, giving a sigh of relief to the growers. The incessant rain and flood that had marooned the fields initially dashed hopes of farmers as they feared that the crop would get discoloured and the price would fall drastically. However, the first round of sales that began in the third week of November saw farmers fetching remunerative prices as traders and millers picked up the product from various auction centres.
| India : Government sets up panel to promote exports (November 27, 10)|
The government set up a panel of bankers, industrialists, and trade union leaders to advise it on raising India’s export competitiveness and doubling overseas shipments in the next three years.
| India : India May Lift Cotton-Export Limit on Record Crop (November 27, 10)|
India, the second-biggest cotton producer and exporter, may boost its limit on shipments to foreign buyers as domestic output jumps 21 percent to the highest ever, an association of growers and traders said.