Despite higher production, cotton exporters struggling to export

As farmers are delaying sales of their harvest hoping for higher prices in coming months, Indian traders are struggling to export cotton despite higher production. Indian traders so far in the new season have contracted 70,000 bales for exports, significantly lower than more than 500,000 bales contracted during the same period a year ago, said …

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India’s cotton exports stall as farmers delay sales hoping for higher prices

MUMBAI, Nov 23 (Reuters) – Indian traders are struggling to export cotton despite higher production as farmers are delaying sale of their harvest hoping for higher prices in coming months, industry officials told Reuters. The limited supplies are keeping local prices significantly above the global benchmark , making overseas sales unviable from the world’s biggest …

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South India’s Tamil Nadu On Fast Track To Multiply Cotton Production

Tamil Nadu fast tracked its efforts to increase cotton production to ease the burden of the industry for sourcing the natural fibre from other states. Non-availability of cotton locally is the weakest link of Tamil Nadu’s textile industry. The state government has planned to increase cotton production from 5 lakh bales of 170 kg to …

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Decline in cotton prices discourage south Indian yarn buyers

South India’s cotton yarn prices remained stable today despite a fall in the prices of the natural fibre. According to trade sources, demand was not supportive, and regular but limited buying was unable to support market sentiments. Fearing losses, buyers were discouraged after cotton prices fell. Disparity and unstable market conditions are the main causes …

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Cotton yarn prices up in Ludhiana despite poor demand in north India

North India’s cotton yarn is facing low demand today due to a lack of buying from end consumers. However, yarn prices strengthened in Ludhiana as selling by mills was muted. The prices were stable in Delhi as well as in the recycled yarn market of Panipat. Cotton prices continued to ease as arrival increased, which …

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Closing cotton stock to increase by 2.5 million bales this season

Reduced domestic consumption as well as exports coupled with higher production led by increased sowing area may increase closing cotton stock for 2022-23 season by 2.5 million bales (170 kg per bale) to nearly 5.8 million bales compared to previous season. “Cotton season in India begins from October 1 and ends on September 30. As …

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Cotton yarn prices steady in south India; price disparity worrisome

South India’s cotton yarn prices remained stable today amid weak market sentiments. Basic raw material was traded at previous prices because demand from downstream industry was low. Buyers in the entire value chain were cautious in the absence of end consumers. Price disparity at various levels was also the one of the causes for concern …

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