|
|||
|
Certificates
 |
News« All news
India stops cotton export.
11.
05.2010
For the last month quotations of the most active contracts at the New York future stock exchange have risen on 8 %. So sharp increase has been connected with the published official information of the Chinese authorities on prospective deficiency of a cotton this year, and also about the temporary termination of registration of export cotton contracts in India.
The decision of India on an export suspension can lead to short shipment on a foreign market about 2,5 million bales (or about 500 thousand tons) a cotton. According to the Indian cotton association, as a result will suffer not only foreign buyers, but also their counterparts - the textile enterprises. The similar decision of the authorities will inevitably worsen reputation of India as trading partner in the world market. China, the world's largest consumer, faces inevitable shortage of a cotton because of the decision of India to stop export. Consumption this year can outstrip available stocks in China on 3.5 million tons, and the offer will remain limited and next year. The Chinese cotton association informs on growth of manufacture of a yarn on 20 % in the first quarter of current year. |
Data as of 02.09.2010
News
31.08.2010 INDEPENDENCE DAY!!! The President of "Daewoo Textile Fergana" Jeong Ki Seop sincerely congratulates all workers on Independence Day and wishes everyone successes in work, prosperity, health, family happiness and well-being! 31.08.2010 Uzbekistan develops new textile productions. Uzbekistan and foreign partners promptly puts into operation new modern textile productions. 31.08.2010 Korean companies acquire cotton pulp plant in Uzbekistan Daewoo International Corp. and Korea Minting & Security Printing Corp. partnered to make an entry into the cotton pulp market by acquiring a cotton pulp manufacturing plant in Uzbekistan. 23.08.2010 In 2010-2011 cotton world production will increase by 14 % As predicted, cotton world production in 2010-2011 will increase by 14 %, to 116,9 million bales, it will be the maximum mid-annual gain after reduction of prices last year. The basic volume of output is necessary to Australia, Brazil, China, the USA and Uzbekistan, writes a portal of the economic information "UzReport". 20.08.2010 The growth of volumes textile production. Thanks to carrying out of large-scale work on technical and technological updating of manufacturing enterprises in Uzbekistan there is an increase in volume of qualitative and competitive production from local raw materials, the population occupation level raises. It can be tracked on an example of the enterprises of state joint-stock company "Uzbekingilsanoat". 
|
||||||
