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Indian textile firms turn to Pakistan, U.S. for cotton : With the international cotton prices getting attractive, textile companies have begun importing the commodity heavily from overseas markets, especially Pakistan. Apart from the neighboring country, India has also begun importing from Argentina, Brazil and the U.S. on account of lower prices. ...more
EU, U.S. Urge G20 for "Clear Signal" On Doha Round Trade Talks: The summit of 20 economic powers that meet in Washington this weekend must send a "clear signal" of determination to complete the Doha round of trade talks, senior European Union and U.S. trade officials said Tuesday. ...more
India Cotton Exports May Fall on Higher Local Prices : Cotton exports from India, the world's second-biggest supplier, may fall this year as growers withhold overseas sales to benefit from higher domestic prices, fixed by the government. ...more
Global Cotton Suffers From World Economic Hardship: According to the US Department of Agriculture (USDA), cotton consumption has been affected by world economic woes...more
China’s Low Cotton Demand May Hit Indian Traders: Complexities continue to dog the cotton crop. This time, it is the world-wide economic slowdown which is creating problems. ...more