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Related Keywords: American economy picksup, Chinese exports, Cotton Association of India, domestic cotton supplies, Indian textile and garment export, labour rnrestl Safety of Bangladeshi factory, OTEXA

India’s textile and garment exports strong performance this year was a reflection of a combination of global factors — a steady improvement in demand as the American economy picks up, a progressive decline in Chinese exports to major markets such as the US, currency appreciation in Indonesia, labour unrest in Asian competitor Cambodia and safety concerns after a major factory fire in Bangladesh last year.

Related Keywords: better quality crop, bottomed out, China, Cotton Association of India, cotton exporters, cotton exports, cotton price, cotton yarn, decline, DGFT, import restriction, Indian cotton inrdustry, raw cotton, weakening rupee, Zhejiang Textiles

India is expected to become the world’s largest cotton exporter this year, but cotton exports are expected to see a decline to around 5 million (480 lb) bales in 2014-15, almost 47% from the previous year as it has been hit by import restrictions in China, the world’s largest importer. This has also led to a decline in prices in India as well.

Cotton prices may have bottomed out but a weakening rupee and arrival of better quality crop likely to improve prospects.

Related Keywords: Cotton Association of India, cotton corporation of India, Cotton Yield, Gujarat state cotton, India cotton output, MSP, MSP operation, procurment, total cotton crop

India’s cotton yield has recorded a drop in output at 40.2 million bales (170 kgs each in 1 bale) in November during 2014-15, while during the same period last year, total cotton crop stood at 40.7 million bales according the Cotton Association of India (CAI).

The projected balance sheet drawn for the year 2014-15 estimates total cotton supply at 47.39 million bales while domestic consumption is estimated at 30.60 million bales thus leaving an available surplus of 16.79 million bales, said CAI.

Related Keywords: Bangladesh, China, cotton advisor board, Cotton Association of India, cotton bales, cotton consumption, exportable surplus, higher domestic cotton price, Indian cotton exports

Cotton exports is estimated to be between 6.5-7 million bales (1 bale = 170 kgs) this year by trade source as against 11.8 million bales shipment estimated by the Cotton Advisory Board (CAB) during last year. Decline by about 45% this year (October – September) on falling demand from its perennial importers i.e. China and Bangladesh.

China, the largest importer of Indian cotton has reduced cotton import from India in recent months. The second largest Bangladesh has also lowered its dependence on India due to higher domestic cotton prices.

Related Keywords: Cotton Association of India, cotton price, cotton yarn export, Directorate general of Foreign Trade, domestic yarn price, India Cotton, textile segment

The Directorate General of Foreign Trade lastest data reveals that traders have registered contracts to export 93.54 million kg of cotton yarn in August, 8% lower than a year before and compared with 98.81 million kg in July, The registration of cotton yarn export contracts had hit 1,415 million kg in 2013-14, compared with 1,067 million kg a year before.

Related Keywords: China, Cotton Association of India, cotton bales, cotton farmers, cotton harvest, Cotton Textiles Export Promotion Council, global cotton market, India cotton industry, stockpiled cotton

India likely to harvest 40 million cotton bales this year once harvesting begins next month, which will be 8% higher than a year earlier and the highest harvest on record.

Lower-than-normal monsoon rains early in the June-through-September rainy season convinced many farmers to switch to planting cotton, which needs less water to grow. But the rains returned late in the season so now India is likely to have a bumper crop.

Related Keywords: 395 lakh bales, Cotton Association of India, cotton output, cotton supply, domestic consumption

Cotton crop is estimated at 395 lakh bales (170 kg each) in the ongoing season 2013-14 (started October 2013) mainly due to rise in yield against 388 bales estimated in June. as per the Cotton Association of India.
 
The arrivals up to June 30 were placed at 382.30 lakh bales and continue well into the off season. Arrivals in Gujarat that is India’s top cotton producer were the highest at 120 lakh bales, followed by Maharashtra at 84 lakh bales.
 

Related Keywords: Cotton Association of India, cotton price, cotton sowing, cotton yarn export, global demand, kapas, long staple, medium staple, trade

Cotton prices may trade on a mixed note. Forecast of below normal rains, lower sowing, demand from the millers and declining supplies may give support to the prices. However, higher production, lower cotton yarn exports, global demand concerns and comfortable supplies may pressurize prices at higher levels.
 
However, concerns over global demand coupled with higher output last year and weak cotton yarn exports to China capped sharp gains. NCDEX Kapas as well as MCX Cotton futures settled 0.4% and 0.1% higher.
 

Related Keywords: Cotton Association of India, cotton output

The Cotton Association of India (CAI) had marked the cotton production at 376 lakh bales of 170 kg each in its December estimate for the current marketing year. But having noticed that the acreage of cotton has come down to about 118 lakh hectares in the current season as compared to 120 lakh hectares last season, the Cotton industry body CAI has lowered marginally its production forecast of the commodity to 374 lakh bales for the current marketing year.

Related Keywords: Cotton Association of India, crop output, lower

The Cotton Association of India last month had estimated the cotton crop output at 378.75 lakh bales which has been lowered marginally to 376 lakh bales (of 170 kg each) for the current season ending in September.

Crop output in the central region including Gujarat, Maharashtra and Madhya Pradesh is expected to increase 19 per cent to 218 lakh bales against 183 lakh bales last year. In the North Zone comprising Punjab, Haryana and Rajasthan, it will be down 15 per cent to 53 lakh bales (62 lakh bales).