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WillHigher Oil, Energy Prices ‘Here to Stay’, affect the market change in whitecotton fabric? StephenSchork, head of The Schork Group, explained the new normal for oilprices on Tuesday after West Texas Intermediate crude hit a seven-year high theprev…
Cottonfutures are at their highest level in about a decade The mostactive cotton futures on the Intercontinental Exchange closed up 3.8 percent at$1.09 a pound on Tuesday, keeping prices at their highest level since September2011. Gold is up 22% over…
India cotton production in 2021-22 isexpected to fall 1% yoy to 28.34 million bales (up 2% previously) due toinsufficient rainfall during the main planting period in July and August. As of mid-September, rainfall in Gujaratwas nearly 30 percent below…
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