Monthly Cotton Price Movement: May 2024 Global Cotton Review May-2024 ICE Cotton Futures: May 2024 exhibited significant fluctuations in the ICE Cotton Futures market. The month began with notable increases across all contracts, with the July’24 contract rising from 76.51 cents/lb on May 1 to a high of 82.43 cents/lb by May 28. The Oct’24, […]
Solar Energy Benefits Industry, EnvironmentIn recent years, solar energy has experienced unprecedented growth, driven by technological advancements, decreasing costs, and increased global emphasis on renewable energy. Breakthroughs in solar technologies, such as perovskite solar cells and flexible printed solar panels, have significantly enhanced the efficiency and versatility of solar power systems. Additionally, large-scale solar projects
Cotton Made in Africa (CmiA) is a sustainability initiative aimed at improving the living conditions of African smallholder cotton farmers while promoting environmentally friendly cultivation practices. CmiA focuses on several key aspects: Key Terms in CmiA Cotton Additional Terms These systems and terms ensure that CmiA cotton maintains high standards of sustainability, social responsibility, and
Understanding Letters of Credit (LC) Letters of credit (LCs) are financial instruments used in international trade to ensure that payment will be made from a buyer to a seller. There are several types of LCs, each designed to meet different needs and circumstances in trade transactions:Understanding Letters of Credit (LC) What is Revocable Letter of
How does Solar Power Plant Work Solar power plants harness energy from the sun and convert it into electricity using photovoltaic (PV) technology or concentrated solar power (CSP) systems. Here’s an overview of how each type typically works:How does Solar Power Plant Work Photovoltaic (PV) Solar Power Plants: Concentrated Solar Power (CSP) Plants: Both PV
Essential Heart-Healthy Diets For heart patients, maintaining a heart-healthy diet is crucial. Some of the best diets recommended for heart health include:Essential Heart-Healthy Diets It’s important for heart patients to consult with a healthcare professional or a registered dietitian before making significant changes to their diet. The right diet can vary based on individual health
What is RTGS Payment Method RTGS stands for Real-Time Gross Settlement. It’s a funds transfer system where money transfer takes place from one bank to another in real-time and on a gross basis. The State Bank of Pakistan (SBP), the central bank of the country, facilitates RTGS in Pakistan. It enables immediate and irrevocable transfer
What is GRS Certificate? What is GRS Certificate: GRS stands for Global Recycled Standard. It’s a certification that ensures products are made with recycled materials and verifies responsible social, environmental, and chemical practices in their production. GRS certification tracks the content of recycled materials in a product, ensuring transparency and credibility in the recycled supply
What is BCI Cotton? What is BCI Cotton and Transaction Certificate: BCI stands for Better Cotton Initiative. BCI cotton refers to cotton that is produced following the standards and guidelines set by the Better Cotton Initiative. The initiative aims to improve global cotton production for producers, the environment, and the industry’s future. BCI advocates reducing
