Issue dated - 13 January 2005

Home > Yarns & Fibres

Super Fine, Medium Coarse register declines
During the week ended January 6, 2005, cotton prices showed a declining trend.

Global cotton prices to rise in ’05
The season-average Cotlook A Index is projected to rebound to 59 cents per pound in 2005-06, up 11 cents, or 23 per cent, from the projected average for this season.

India Inc bullish on economy: CII
A recent CEO’s snap poll conducted by the Confederation of Indian Industry (CII) has revealed that 57.5% of the CEOs felt the year 2004-05 would end with a GDP growth rate varying between 6-6.5%. Of the respondents, 31.8% expected growth to lie in the broader 6-7% range, implying that 89.3% expected growth in the range of 6-7%.

 



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