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"Raw cotton, Oil seeds, Cotton waste, Fibre, Yarn, Cotton linters etc..."
 

          

 

 

       

 

 

              Date:27/04/12

 

 

Available for sale one spg mills....in india..Pls Inform Your Interest.

 

Available a 30000 spindle cotton spinning mill in India in the state of Maharashtra. The spinning mill produces 100% cotton combed & carded yarns from 10s to 40s on cones for weaving/knitting. The approximate production is 18.5 MT per day.Pls Inform Your Interest.

 

We are looking for 100% acrylic(HB) ; 50% acrylic-50% wool and 30% acrylic-70% wool products in the range of Nm 28/2; Nm 30/2 and Nm 32/2 range

We are also looking for cotton 50%- acrylic 50% yarn in Ne18/2 range.

 

Would like to get your best price on FOB basis C 2%.

 

Please feel free to contact is any clarification required

 

WE ARE LOOKING FOR OUR CUSTOMER ON REGULAR BASIS INDIAN COTTON YARN UPTO 30/S BOTH O.E. AND SPINNING FOR WEAVING AND KNITTING.

KINDLY QUOTE US YOUR BEST PRICES CNF KARACHI. 

ALSO WE ARE AT PRESENT EXPORT LOW GRADE COTTON RAW AND SHALL BE GREATLY OBLIGED IF YOU WOULD KINDLY FORWARD US YOUR ENQUIRIES.

 

We are looking for Cotton Yarn for Export as mentioned below: -

 1) COTTON YARN RING SPUN

 CARDED 21S/1 FOR WEAVING / KNITTING

CARDED 32S/1 FOR WEAVING / KNITTING

CARDED 40S/1 FOR WEAVING / KNITTING

 COMBED 21S/1 FOR WEAVING / KNITTING

COMBED 32S/1 FOR WEAVING / KNITTING

COMBED 40S/1 FOR WEAVING / KNITTING

 2) COTTON YARN OPEN END FOR DENIM

 4S/1 OR 4.5S/1

8S/1    ,    10S/1    ,    16S/1    ,    20S/1

 

Please quote us your best Competitive Rates.

 

Quantity: 1 CONTAINER / COUNT (20 OR 40 Feet)

Delivery: Ex-Godown or Nhava Sheva

Rate: In Rupees or USD

U.S. Futures Daily Cotton Market - 26th April, 2012 

Contract

Open *

High

Low

Close *

Settle

Change

May '12

89.10

90.35

88.96

90.15

90.31

+142

Jul '12

90.70

92.34

90.70

91.89

92.11

+131

Oct '12

0

0

0

0

91.70

+41

Dec '12

88.65

89.50

88.30

88.90

89.03

+39

Mar '13

90.12

90.12

89.07

89.93

89.82

+45

* Open and Close prices reflect the first and last trade in the market and do not correlate to any opening or closing periods.

 

Required Ne 21/1 Carded Weaving for China exports



**MARKET OUTLOOK**


India Market Highlights: 

Despite a bumper production this year, cotton farmers of Gujarat have been left in the lurch. Around 12 million bales of cotton are lying unused in the state, their quality deteriorating by the day.

The Cotton Association of India (CAI) has urged the Government not to go ahead with its plan to create strategic cotton reserve for domestic supply.

North Zone:

Cotton traded strady tone across major spot markets of north India on Friday.  In Punjab, ready delivery cotton traded at Rs 3,600 - 3,640 a maund. In Haryana, it offered at Rs 3,515 - 3,530 while in Rajasthan, ready delivery cotton quoted at Rs 3,335 - 3,510 a maund.

Central Zone:

Cotton spot prices steady tone across west India market on Friday. Gujarat weather clear, The Sankar-6 Super Grade quoted Rs. 34500-700 per candy and S-6 Avrage Grade Rs. 34200-34400 per candy. Raw cotton fetched Rs 835-870 for a maund of 20 kg. While in Maharashtra the price stood at Rs 33,000-33,500 a candy.  

South Zone:


Cotton spot price steady tone across the major trading centers of south India.  

US Cotton Futures :


NY cotton settles up on spec buying, sales data: NEW YORK, April 26 (Reuters) - Cotton futures finished higher Thursday on speculative buying inspired in part by a weekly government sales report which showed top consumer China buying again after a brief hiatus, analysts said. July cotton on the ICE Futures U.S. exchange climbed 1.31 cents or by 1.4 percent to close at 92.11 cents per lb, and ranged from 90.70 to 92.34 cents. It was an inside day since the range was within Wednesday's 90.60 to 92.45 cents band. New-crop December gained 0.39 cent to settle at 89.03 cents per lb, trading from 88.30 to 89.50 cents. That contract was also in an inside range since it stayed within Wednesday's 88.18 to 89.55 cents band. Sharon Johnson, senior cotton analyst for commodities brokerage Penson Futures, said speculators have been short for the past few weeks and were engaged in short-covering.  "I think they are trying to realign their positions in cotton," she said. A large part of the session featured spread trading as investors traded July and then moved into the new crop December cotton contract, traders said. Benchmark July continued to trade in a band between 87 and 94 cents, a range it has maintained since the start of March, Thomson Reuters data showed. The market was given a boost by the U.S. Agriculture Department's weekly export sales data. USDA said U.S. upland cotton sales stood at 144,800 running bales (RBs, 500 lbs each), with China accounting for nearly two-thirds of the sales at 91,000 RBs. Johnson said the market will now be looking toward the USDA's monthly supply/demand report in May because it will show the first estimate of market conditions in the upcoming 2012/13 marketing season (August/July). Thursday's estimated volume was near 13,200 lots, about 45 percent under the 30-day norm, according to Thomson Reuters data. Open interest amounted to 182,808 lots as of April 25, falling for the fourth straight session, ICE Futures U.S. exchange data showed.      

Pakistan :

Fine lint remains in focus at cotton market: KARACHI: Trading remained range-bound with firm spot rate amid fine lint in focus at the Karachi cotton market, traders at the Karachi Cotton Association (KCA) said on Thursday. The KCA kept the spot rate unchanged at Rs 6,200 per maund, floor brokers said. Traders said mills made selective deals in Punjab and Sindh stations on competitive prices at around Rs 4,550 per maund to Rs 6,325 per maund, depending on quality while spinners purchased fine grade at around Rs 6,200 per maund in Punjab stations. Sellers withholding second grade lint in Punjab and Sindh stations offered their produce on slightly higher prices at around Rs 4,985 per maund and Rs 4,825 per maund, respectively while sellers with raw grade produce offloaded their produce at around Rs 4,350 per maund and Rs 4,400 per maund. The buyers and sellers in Punjab and Sindh stations also made forward deals for a month's period on slightly higher than the spot rate at around Rs 5,550-5,800 per maund during the trading session. "The New York Futures market is still playing catalyst to stable the domestic lint prices besides ending inventories at around 50 percent ginneries also puts prices on steady note," said an analyst. "Around 15,000 bales changed hands in Punjab stations during trading session."

 

China:

Semir Garment Posts Weak Earnings: 2012-4-26: Shenzhen-listed Zhejiang Semir Garment, led by billioniaire Qiu Guanghe,  said net profit in the three months to January fell by 39% from a year earlier to $25 million. Revenue at the mid- to low-tier apparel and fashion outfit declined by by 16% to 1.3 billion yuan, or $209 million. Semir said unseasonally cold wealth hurt sales and led to price-cutting.  The company said it expects overall net profit in the first half will be less than 30% from last year's $69 million on the strengthening of its sales network.  Investors bid the shares down by 6%, and the stock closed at 32.9 yuan, their worst showing since the company's IPO. Semir Chairman Qiu Guanghe, together with his family, ranked No. 344 on the 2012 Forbes Billionaires List with wealth of $3.3 billion. A slew of global retailers have been taking aim at Chinese retail customers, including the Gap and Wal-Mart. Last week footwear retailer Pou Sheng said it expected to report a six-month loss. Source:Forbes

 

Market Arrival & Price of Cotton in Various Regions of India 

 

*Rate (INR) per Maund (1 Maund = 37.324 KG.)

HARYANA (J-34) 

PUNJAB (J-34) 

 

Rate S/G* (Ready)

Rate R/G*

 SIRSA

3485

3515

 HISSAR

3490

3520

 UCHANA

3495

3525

 TOHANA

3500

3530

 Arrival (Bales)

2000

 

Rate S/G* (Ready)

Rate R/G*

 MANSA

3560

3600

 ABOHAR

3590

3610

 BHATINDA

3585

3620

 BUDLADHA 

3610

3630

 Arrival (Bales)

2200

RAJSTHAN (J-34)

 

 

Rate S/G* (Ready)

Rate R/G*

 SRI GANGANAGAR

3300

3330

 HANUMANGARH

3480

3510

 Arrival (Bales)

1800

 

 

** Rate (INR) per Candy (1 Candy = 355.6188 KG.)

MAHARASHTRA

MADHYA PRADESH

 

Rate**(Ready)

Estimated Length HVI

 MECH-1 

30800-31300

 29 mm, 3.0 mic

 MECH-1

32300-32800

29 mm, 3.5 mic 

 MECH-1

33300-33800

29 mm, 3.7 mic 

 Bunny / Brahma

-

31 mm 

 Arrival (Bales)

25000

 

Rate**(Ready)

Estimated Length HVI

 MECH-1 

31000-31500

29 mm, 3.0 mic

 MECH-1

32500-33000

29 mm, 3.5 mic

 MECH-1

33400-33900

29 mm, 3.7 mic 

 Bunny / Brahma

-

31 mm 

 DCH-32 

43500-45500

33-34 mm

 Arrival (Bales)

6500

GUJARAT

ANDHRA PRADESH

 

Rate**(Ready)

Estimated Length HVI

 V-797 (Kalayan)

24800-25500

22 mm

 SHANKAR-6 

34500-34700

29 mm (Super)

 SHANKAR-6 

33600-34200

28-29 mm (Average)

 Arrival (Bales)

25000

 

Rate**(Ready)

Estimated Length HVI

 MECH-1 (Adilabad)

31500-32200

29 mm

 Bunny / Brahma
 (Warangal) 

32500-33200

30-31 mm

 MCU-5   (Guntur)

33500-34500

31-32 mm

 Arrival (Bales)

20000

KARNATAKA

 

 

Rate**(Ready)

Estimated Length HVI

 Jaydhar

28500-29500

22 mm

 MECH-1

33000-33500

29 mm

 Bunny / Brahma

33500-34000

30 mm

 DCH-32

43000-46000

34-35 mm

 Arrival (Bales)

6000

 

 

Total Arrival : 88,500 Bales

CURRENCY CONVERSION

 

In US Dollar

Per US Dollar

Indian Rupee

0.01902

52.56999

 

 

COTTON &  TEXTILES NEWS :


Gujarat's cotton rots, thanks to ban on exports: April 27, 2012 - Despite a bumper production this year, cotton farmers of Gujarat have been left in the lurch. Around 12 million bales of cotton are lying unused in the state, their quality deteriorating by the day in the hot sun. Currently, millions of bales are lying outside the marketing yards at Jasdan, Gondal, Padadhari, Prantij, Bodeli, Botad and other places. The cotton has no buyers, thanks to the Centre not allowing export of cotton. And the Central government's nodal agency - Cotton Corporation of India (CCI) - has also been unable to purchase the entire stock, which could have been used as buffer stock. "It is a time of unprecedented crisis for the state's cotton farmers," said agriculture minister Dilip Sanghani. "The Central government is forcing them to sell cotton at a cheaper rate by not allowing export." The CCI stopped purchasing five days ago, creating a huge glut in the market, he said. The Centre had announced that the CCI would purchase cotton to create a buffer stock of 25 lakh bales. "The cost was to be R4,500 per quintal. But no purchase is happening," he said. In 2011-12, nearly 3 million hectares were under cotton cultivation in Gujarat. The estimated production was close to 120 lakh bales - one-third of the country's total of 368 lakh bales. The previous year, cotton production in the state stood at 98 lakh bales from a 26-lakh-hectare area. "Gujarat's own consumption is hardly 15 lakh bales, since there are only 6 lakh looms in the state," said a senior official of the state agriculture department. Tamil Nadu, in comparison, has 150 lakh looms. "Under the circumstances, our farmers have to rely only on direct export or purchase by the CCI," he said. If the CCI does not buy the stock, the quality of the cotton will deteriorate, which, in turn, will affect prices.  "We want the CCI to buy the cotton at the support price announced by the Central government, otherwise the farmers will launch a statewide agitation against the Centre," said Bharatiya Janata Party legislator Bharat Boghra. Courtesy -- Hindustan Times

Cotton body tells Govt to drop plans on creating reserves: MUMBAI, APRIL 26: The Cotton Association of India (CAI) has urged the Government not to go ahead with its plan to create strategic cotton reserve for domestic supply. The Cotton Corporation of India (CCI) has been given a mandate to procure 25 lakh bales (of 170 kg) for building the reserve. Mr Dhiren N. Sheth, President of CAI, said it is disturbing to note that our country is moving back to the pre-liberalised era of late 1980s and early 1990s. The idea of creating a strategic reserve for ensuring supply of cotton to domestic textile mills was mooted on the lines of a similar reserve in China. But the situation in India and China is not comparable, he said. Supply of cotton in China is much less than the demand, while in India cotton economy is more vibrant and the supply exceeds demand. India is also ranked among top exporters. A total investment of about Rs 5,000 crore is required for procuring 25 lakh bales, said Mr Sheth. Another Rs 500 crore is required every year for servicing interest and warehousing cost, said Mr Sheth. In addition, CCI will have to bear the loss that may arise due to fluctuation in prices. "If the problem is non-availability of funds with the textile mills to buy and stock cotton, it would be appropriate to address the same through banking channels, rather than creating a scheme which distorts the market and unsettles other sectors in the cotton value chain," said Mr Sheth. Courtesy -  The Hindu Business Line

International cotton yarn market weekly(Apr 23-27, 2012) - Apr 27 2012:

Prices (in US dollar per kilo FOB)

Variety

Average weekly price

Change on the week

Pakistan

3.06

0.03

India

3.1

0

Turkey

3.6

0

Indonesia

3.47

-0.06

China

3.38

0

Uzbekistan

2.9

0

Pakistan

3.38

0

India

3.3

0

Turkey

3.8

0

Indonesia

3.8

-0.06

China

4.11

0

Uzbekistan

3.2

0

Values of coton yarn have shown little movement. China's cotton yarn imports remained strong in March. Indian cotton yarn exports rose by 15 percent in the last fiscal year. 
In Pakistan: demand for yarn from foreign sources has been average. Regular business has lacked volume. Asking prices for 20/21s carded yarn have been stable at around US$540.00/570.00 per 400lb bale, while prices for 30/32s carded yarn have been maintained at around US$600.00/625.00. Polyester staple fibre prices have been quoted at around Rs. 167/170 per kilo. 
In Turkey: dull trading conditions persist on the local raw cotton market. The principal focus of spinners remains cotton from the domestic 2011/12 crop, but even demand for such supplies is this week described as rather poor. 
In India: market observers comment that cotton yarn exports continued to do reasonably well, assisted by the recently weaker tendency of the rupee against the US dollar. Current export asking rates (FOB Indian ports, including 2 commission) were put at around US$3.00 per kilo for carded weaving 20s, and $3.25 for 30s. 
In China: yarn stocks rose by five percent (those of cotton blends were up 12 percent). Growth in yarn output was 6.6%. Courtesy -- CCF Group

China cotton stocks rise on hopes of higher import quotas: BEIJING, April 26  - Cotton stored at Chinese bonded warehouses has risen to as much as a million tonnes after merchants stocked up with cheaper overseas supplies in anticipation of Beijing raising import quotas, trade sources and analysts said on Thursday. China, the world's top cotton buyer, may issue a new batch of quotas for as much as 1.5 million tonnes by May to help textile mills secure cheaper cotton overseas, since Indian supplies are currently about 15 percent cheaper than domestic cotton, they said. Expectations of higher imports have helped push down China's cotton futures on the Zhengzhou Commodity Exchange, with the most-active September contract down over one percent so far this week and on track for its worst weekly loss in five weeks. "There is a large volume of cotton stockpiled at bonded warehouses and textile mills have been pushing the government to issue more import quotas," said Dong Shuzhi, director of the cotton department at Founder Commodities Group, a Chinese trading house. "There are now growing expectations from the market that Beijing will agree to issue more quotas." Despite lacklustre demand at home, China's cotton prices are now the most expensive in the world at over 20,000 yuan ($3,200) a tonne, thanks to Beijing's deliberate stockpiling campaign aimed at shoring up prices. The buying blitz, which began in September and lasted for six months, saw the government sweeping up 3.13 million tonnes of cotton - nearly half of the country's 2011 harvest. Cotton stocks at bonded warehouses - which allow goods that have arrived in China to delay the assessment of a 17 percent value-added tax - are hovering at between 500,000 and one million tonnes, according to industry estimates. "They took care of the farmers from September to March with the stockpiling. Now the mills are saying 'take care of us'," said a cotton trader based in the United States, adding that the stocks sitting in Chinese warehouses would likely be included in the import quota increase. Some textile mills betting on higher import quotas have also signed additional contracts, mainly for high-quality cotton from the United States and Australia, said the China Cotton Information Center in a report. "Overseas cotton prices are much cheaper and have a big advantage over domestic prices, so mills are eager to get more cheap cotton, which is in short supply here in the market," said Zhang Wenmin, head of the cotton department with Wanda Futures. Although the new batch of import quotas may exceed a million tonnes, China's import appetite may come in lower, since Beijing is likely to release stocks from its pent-up reserves to make space for this year's harvest due in September, said Zhang. Zhang expects Beijing to release the 300,000 tonnes of old stocks, which were carried over from the 2009 harvest purchased at a price of about 17,000 yuan ($2,700) per tonne and should be attractive to textile mills. "Beijing's action will depend on how local demand and prices hold up after May 1," said a trader with a large international trading house. "If textile mills are receiving more orders, the government will need to either issue more quotas or even release its reserves." ($1 = 6.3041 yuan) Courtesy -- Reuters


Cameroon cotton output up 11 pct in 2011-12:
YAOUNDE, April 26 - Cameroon's raw cotton production rose 11 percent to 180,000 tonnes during the 2011-12 season and could reach 220,000 tonnes this year, according to state firm SODECOTTON, which attributed the boost to increased cotton acreage and government subsidies. Cameroon increased state-regulated farmgate prices for cotton by 27 percent last season to 250 CFA francs ($0.50) per kilogram to encourage more farming and to combat rampant smuggling to neighboring countries. "The surface area cultivated rose from (...) 143,000 hectares in the previous year (to) 149,000 hectares, and we expect it to further rise to over 150,000 in 2012/13," SODECOTTON general manager Iya Mohamed told reporters. "We think another important factor that has raised production was the government decision to subsidize the purchase of farming inputs to the tune of 6 billion CFA francs ($12 million)," he said. The central African country produced 161,900 tonnes of cotton during the 2010-11 season. Mohamed said output could hit 220,000 tonnes this season and rise to 250,000 tonnes by 2015. The cotton season in Cameroon runs from November to April. Production hit a record of 306,263 tonnes in 2004/05 before falling sharply to 110,000 tonnes in 2009/2010 because of a drop in prices on the world market. ($1 = 495.8290 CFA francs) Courtesy -- Reuters

Zimbabwe: Lint Price Crash Leaves Cotton Ginners Stranded: 26 APRIL 2012 - THE current global lint price crash has created challenges for cotton ginners in disposing their lint at profitable prices. Cotton Ginners' Association of Zimbabwe director-general Mr Godfrey Buka yesterday said lint was being sold at prices below the cost of production. He said this was causing huge losses to farmers. "The record peak period was at a time when the Zimbabwean cotton was still in the fields and therefore not ready for marketing. This period of high lint prices was, however, shortlived as prices took a downward spiral from the end of March 2011 to the present," he said. He said that high demand for lint and speculative tendencies initially pushed prices up resulting in very high prices being quoted on the Cotlook A Index, causing serious price volatility. "The peak price went up to US$2,45 per kg. This situation existed during Zimbabwe's growing season up to the time just before the marketing of seed cotton. "High demand from the Chinese market pushed the prices up but eased gradually resulting in prices declining," Mr Buka said. The lint price decline, he said, started when Zimbabwean growers began delivering their crop for sale after the domestic price negotiations had already been concluded. At the start of the domestic cotton marketing season, ginners and growers negotiated and agreed on a pricing formula based on the International Cotton Advisory Committee's average lint price of US$1,62 per pound projected to June 2011 as a basis for the minimum prices. But the market crashed to levels just above US$1 per kg at the start of the marketing season. Courtesy --

 

 

 

Pls Inform Your Interest

Regards/Aditya Sekhsaria