Broadcast Newsline: July 1, 2011
Gary Adams, Vice President of Economics and Policy Analysis for the National Cotton Council, says in addition to weak yarn demand, there is growing concern among global cotton spinners over India’s willingness and ability to sell cotton yarn at sharply lower prices than comparable qualities from other countries.
This week's Cotton Newsline is 3 cuts.All cuts are Gary Adams, Vice President of Economics and Policy Analysis for the National Cotton Council.
Suggested Introduction 1:
Gary Adams, Vice President of Economics and Policy Analysis for the National Cotton Council, says in addition to weak yarn demand, there is growing concern among global cotton spinners over India's willingness and ability to sell cotton yarn at sharply lower prices than comparable qualities from other countries.
Suggested Introduction 2:
According to Adams the current yarn pricing situation is the result of India's various cotton fiber and yarn export restrictions that have been imposed over the past 15 months.
Suggested Introduction 3:
Adams says the Council is working with the National Council of Textile Organizations (NCTO) and previously raised these concerns with the office of the US Trade Representative's.
