CT=F - Cotton Dec 19
| Pre. Settlement | N/A |
| Settlement Date | 2019-12-06 |
| Open | 59.29 |
| Bid | 59.08 |
| Last Price | 59.24 |
| Day's Range | 59.07 - 59.65 |
| Volume | 12,297 |
| Ask | 59.09 |
- Quartz
Adidas’ liquefiable sweatshirt shows how hard it is to recycle clothes
Sneaker giant Adidas and British designer Stella McCartney are teaming up to create a recyclable garment called “The Infinite hoodie.” The unisex sweatshirt, a collaboration with Seattle-based textile firm Evrnu, is one of the first 100% recyclable pieces of clothing made by a commercial brand. Only 50 of the sleek cream sweatshirts are being made, and while the hoodie is a step in the right direction—typical garment creation requires mind-boggling amounts of water, pesticides, and chemicals—it’s also a reminder that fashion has a long way to go to create truly sustainable clothing. Ideally, we’d be able to recycle cotton clothing into new material for new garments, but cotton recycling is technically challenging.
- Quartz
An investigation into how India dismantled its main defence against drought
“Normally this nala [stream] is full only during the monsoon,” said Chamariya, a woman in her 40s who lives in Sangvi village in Bhikangaon block and grows cotton and soyabean in its black loamy soils. “The gates help silt to flow out with the water,” said Radheshyam Patel, an agricultural engineer with Samaj Pragati Sahayog, the non-profit organisation that is helping the villagers build the dam. This makes gated dams crucial for water conservation.
- Reuters
India's 2018-19 grain output seen slightly lower: government
India's grains output is expected at 283.37 million tonnes in the crop year June 2019, marginally lower than a year earlier, a government statement said on Monday. India, a leading producer of an array of farm commodities such as rice, wheat, cotton and sugar, produced 285.01 million tonnes of grains in the 2017-18 crop year (July-June), the statement said. Rice output in India, the world's biggest producer of the staple, is expected at a record 115.63 million tonnes, up from 112.76 million in the previous year.
ReutersChina buys Indian cotton as prices at home jump: industry officials
Indian traders have signed contracts to ship 800,000 bales of cotton to China as demand surged from the world's biggest consumer of the fibre due to a rally in prices in China, industry officials told Reuters. The exports from the world's biggest cotton producer will help China in augmenting supplies, but could weigh on global prices. "Chinese buyers were very active in the market in last few days," said Atul Ganatra, president of the Cotton Association of India (CAI).
- Reuters
Singapore's Olam to invest $3.5 billion in growth areas; exit sugar, rubber
Singaporean commodity trader Olam International plans to invest $3.5 billion into key growth areas, such as edible nuts, coffee and cocoa, over the next few years, while exiting four existing businesses to raise funds. The agricultural commodity trader will double down on 12 prioritised businesses, which include spices, edible oils, cotton, dairy, grains and animal feed. "We will continue to invest in businesses where we have consistently performed, have market leading positions, clear differentiation, it is in line with the key consumer trends and there is significant potential for future growth," chief executive Sunny Verghese told a briefing.
ReutersSingapore's Olam to invest $3.5 billion in growth areas; exit sugar, rubber
Singaporean commodity trader Olam International plans to invest $3.5 billion into key growth areas, such as edible nuts, coffee and cocoa, over the next few years, while exiting four existing businesses to raise funds. The agricultural commodity trader will double down on 12 prioritised businesses, which include spices, edible oils, cotton, dairy, grains and animal feed. "We will continue to invest in businesses where we have consistently performed, have market leading positions, clear differentiation, it is in line with the key consumer trends and there is significant potential for future growth," chief executive Sunny Verghese told a briefing.
