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Jun-18
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1. Event: Outlook Varies By Segment
You have to experiment with new products or suffer with commodity prices. Early 2007 finds cotton spinners uncharacteristically concise with their commentary, which may reflect some uncertainty about where the business is headed. All markets are at risk from imports, said an industry observer. In the West, for the second consecutive year, California growers intend to plant less area to upland cotton, with the shift this year to ELS cotton and wheat. The company has been fighting a marathon...
Source6/4/2007


2. Event: JAMES MOUND'S WEEKEND COMMODITIES REVIEW
While a hurricane in the Gulf throws this whole market sector into a screaming buy, the tendency for a Gulf storm this early in the season is very low, especially with the currently below average water temperatures indicating a later than normal threat to that area. While a hurricane in the Gulf throws this whole market sector into a screaming buy, the tendency for a Gulf storm this early in the season is very low, especially with the currently below average water temperatures indicating a...
Source6/4/2007


3. Event: County ranks fourth in cotton subsidies
According to the site, from 2003 through 2005, Phillips County agricultural cotton producers received more than $47 million in subsidies. Taxpayers can now familiarize themselves with the fact that Phillips County ranks fourth in the state for cotton subsidies. Phillips County ranks fourth in farm subsidies for cotton in the state. County ranks fourth in cotton subsidies. New farm mandates makes the information available to the public on the Internet. Phillips County also is a top-ranked...
Source


4. Event: Tirupur exporters eye Uzbekistan
TIRUPUR: Impressed with the offer by the Uzbekistan authorities, the 16-member trade delegation comprising knitwear exporters and spinners from Tirupur which visited that country between June 8 and 13 is exploring possibilities of setting up textile units there. The Hindu : Business : Tirupur exporters eye Uzbekistan Online edition of India's National Newspaper Friday, Jun 15, 2007 ePaper. TIRUPUR: Impressed with the offer by the Uzbekistan authorities, the 16-member trade delegation...
Source


5. Event: Commodity price risks: To hedge or not to hedge
Previously, such hedging of the price risk on domestic sale/purchase was not permitted, even if the domestic prices were linked to international commodity prices. To ease the domestic prices of many commodities both for intermediate and final consumption the Government has moved on many fronts to bring down the landed cost of imports. One is not sure if the measures to raise the level of import competition vis- -vis domestically produced goods have had an enduring impact on local price...
SourceHindu Business Line,India


6. Event: Uzbekistan moots joint venture with TEA
Terming the trip successful, very positive and fruitful, Shaktivel said the delegation had visited many spinning mills, weaving and non-weaving factories including garment units and the delegation was offered for joint ventures or takeover of the companies owned by Uzbekistan textile ministry. Coimbatore, June 14: Uzbekistan, a major textile centre, has expressed its willingness to have joint ventures or give the companies owned by its textile ministry for takeover with attractive terms...
Source


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