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Privacy Statement

To Our Individual Clients:
Your privacy is important to us, and maintaining your trust and confidence is one of our highest priorities. We respect your right to keep your personal information confidential and understand your desire to avoid unwanted solicitations. A recent law change requires us (along with banks, brokerage houses, and other financial institutions) to disclose our Privacy Policy to you – which we are more than happy to do. We hope that by taking a few minutes to read it, you will have a better understanding of what we do with the information you provide us and how we keep it private and secure.

A. Types of Information We Collect
We collect certain personal information about you – but only when that information is provided by you or is obtained by us with your authorization. We use that information to prepare your personal income tax returns and may also provide various tax and financial planning services to you at your request.
Examples of sources from which we collect information include:

B. Parties to Whom We Disclose Information
As a general rule, we do not disclose personal information about our clients or former clients to anyone. However, to the extent permitted by law and any applicable state Code of Professional Conduct, certain nonpublic information about you may be disclosed in the following situations:

  • Cotton

Consistency and predictability in the quality of product is an assurance we promise and have delivered to all our customers.

OVERVIEW OF THE COTTON MARKET

BROWN
Staple : 25-28 mm     |     MIC : 3.2-3.5     |     J34
GREEN
Staple : 27-29 mm     |     MIC : 3.5-4.9     |     J34
RED
Staple : 28-30 mm    |    MIC : 3.6-4.9    |    Shanker-6, MECH
ORANGE
Staple : 30-31mm     |     MIC : 3.7-4.5     |     MCU 5

 


 

OVERVIEW OF THE COTTON MARKET

PAST

India's association with cotton goes back a long way. Cotton was first cultivated nearly 7,000 years ago, by the inhabitants of Indus Valley Civilization - part of Northwestern India today. The magic of this textile fiber then spread from India to the Mediterranean and beyond.

Over the last few decades India has made rapid strides in the production, ginning and export of cotton. Since the commencement of the "Technology Mission on Cotton" by the Government of India in February 2000, significant achievements have been made in several spheres of the cotton industry. An increase in yield and production, through the adoption of high-yield BT Cotton hybrids, were some of the factors that contributed to an increase in yield per hectare. From 300 kg/ha, the number increased substantially and reached a level of 554 kg/ha in 2007-08.

Indian Cotton is a major contributor for the Indian economy and the global cotton trade. As per the data compiled in 2012, India is the 2nd largest producer, exporter and consumer of cotton in the world, producing 21.83% of the world's cotton. In addition, India is also the largest producer of organic cotton. Cotton textiles account for almost 29% of total T&C export from India.

Over the last decade the Indian Cotton Industry has seen several positive changes, beginning with the area of production for cotton cultivation. The area that was once recorded at 76 million hectares, has at present has increased to 120 million hectares (Indian Cotton Annual, 2007-08, No. 88).

There has further been a marked improvement in the length, strength, contamination levels and overall quality of Indian Cotton, with the crop size increasing by upto a 100% over the last decade.

Government schemes, initiated to assist ginners, have resulted in a significant improvement in the availability of ginning facilities in the country and encouraged new ginners to be a part of this flourishing industry. The last seven-eight years have seen reduced crop contamination levels and today, a majority of trade centers in South East Asia thrive on Indian Cotton. These are just some of key factors that have played a considerable role in the increased value and acceptability of Indian Cotton on a global scale.

FUTURE

Though we are by and large extremely optimistic about India's ability to increase its production and improve its processing ability, we believe there are specific factors that may impact the flourishing future of the cotton trade however we also know that timely focus on these factors can help to address and overcome these issues.

The biggest change in the years to come will be an improvement in yields.

YIELD

The biggest change in the years to come will be an improvement in yields. While the introduction of a larger variety of seeds is healthy for the industry, without the required agriculture extension efforts and feedback mechanism from farmers, this increased choice could actually result in greater confusion and have a negative impact on the trade. DD Cotton is working with farmers to give them the necessary information, tools and support to increase their yields.

FINANCIAL TOOLS

Indian cotton futures introduced only recently, are now being widely accepted across the trade. We believe that with this tool, the cotton trade can finally provide transparency in price discovery and increase liquidity, thus significantly reducing the risk of financing. DD Cotton is working closely with both, commodity exchanges and various financial institutions as a trusted, dependable and experienced partner to enable them to be better prepared to enter the ever-growing, agri-commodity trade.

INFRASTRUCTURE

With various incentive packages introduced by the government, there is a lot of investment being made toward both, increasing spinning capacity and modernizing ginning factories. To support the increase in processing capacity, there will have to be similar investments made in the logistics and supply chain infrastructure of the country. DD Cotton along with its partners continues to be cutting-edge when it comes to processing abilities, but we are also investing in the future, by upgrading our logistics capacity to meet the needs of the trade and service our customers more efficiently.


UPDATED PRICE OF COTTON