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 […]

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

India’s domestic cotton demand for the 2022-23 season up to September is estimated to be lower by about 18 lakh bales (170 kg each) at 300 lakh bales or nearly 6 per cent less than last year’s 318 lakh bales, the Cotton Association of India (CAI) has estimated. The association’s Cotton Crop Committee meeting on

Cotton yarn prices further rose by ₹10 per kg in Delhi as spinning mills were not willing to sell at lower prices. Mills are facing a disparity of ₹10-15 per kg as higher kapas prices had led to a rise in cotton prices. However, cotton prices eased today as cotton future slipped due to macro

Cotton yesterday settled up by 0.61% at 32820 as cotton production is expected to fall dramatically in Telangana as a result of the four months of incessant rain and pest attacks. While cotton output is expected to be low, cotton quality is also likely to be affected by the same factors. Cotton farmers have demanded a minimum

South India’s cotton yarn trade has taken cues from north India’s upward trend today. Cotton yarn prices rose by ₹5-7 per kg in Mumbai as mills increased the selling prices. Many mills observed muted selling to avoid losses. According to industry estimates, mills are facing a disparity of ₹20-25 per kg. Buying improved in Tiruppur

The Cotton Association of India has retained its cotton crop estimate for the 2022-23 season at 344 lakh bales (1 bale equals 170 kg). The association on Monday released its October estimate of the cotton crop for the season 2022-23 that began on October 1, 2022. In major growing states of Punjab, Haryana, and Gujarat,

Cotton yarn prices gained ₹3-5 per kg in Ludhiana and Delhi as spinning mills stop selling their products. Mills are facing disparity of ₹20-25 per kg due to recent rise in cotton prices. Buyers, who were trying to buy the raw material, need to fulfil their exports commitment. However, cotton prices eased today after rising

China’s monthly yarn exports declined to $1,096.505 million in September from $1,472.494 million in May 2022. The US has banned Xinjiang cotton and its products, which may have impacted yarn exports. Products made of cotton originating from Xinjiang cannot be supplied to the US.  China exports cotton yarn, polyester yarn, blended yarn and other types

Cotton yesterday settled down by -0.37% at 32730 on profit booking after prices gained in the last some sessions as cotton production is expected to fall dramatically in Telangana as a result of the four months of constant rain and pest attacks. While cotton output is expected to be low, cotton quality is also likely to be