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Related Keywords: cotton price, domestic mill, Gujarat cotton market, kapas, Maharashtra cotton market, natural fibre, raw cotton, slow arrival

Cotton prices ruled strong over lower arrival due the weak monsoon in Gujarat cotton market. According to traders, demand from domestic mills and slow arrivals in Gujarat resulted in the natural fibre prices to move up. A similar trend was seen in kapas or raw cotton.
 
Gujarat Sankar-6 cotton was traded higher by Rs100-200 at Rs42,000-43,500 for a candy of 356 kg for best quality. Average grade cotton stood at Rs40,000-41,000 and lower quality cotton was Rs34,000-36,000.
 

Related Keywords: cotton bales, cotton price, cotton trading, Ginning factory, Karachi Cotton Association, new crop

Cotton prices raised as trading gained momentum over tight supply. The Karachi Cotton Association (KCA) raised its spot rate by Rs50 to Rs6,350. The following were Thursday’s new crop Karachi Cotton Association (KCA) official spot rates for local dealings in Pak rupees for base grade 3 staple length 1-1/32” micronair value between 3.8 to 4.9 NCL.
 

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 price, cotton trading, ginner, Karachi Cotton Association, new crop, Pakistan cotton market, Pubjab spinners

With buyers reluctant to enter into big deals trading at Pakistan cotton market continued at slow pace. Only around 2,500 bales from new crop have so far been sold by ginners which were mostly lifted by Punjab spinners. Around seven to eight ginning units have started operating in Sindh and five in Punjab. However, all these ginneries are getting raw cotton supplies from lower Sindh where crop normally matures earlier than other cotton-growing belts of the country.

Related Keywords: cotton price, Fabric Maker, textile mill, yarn maker, Yarn Margin

Cotton prices that remained stable till February-March is seen gradually rising from Rs 41,500-42,000 per candy to Rs 44,000 per candy, wherein a candy is about 356 kg. The recent rise in cotton prices has put yarn makers under margin pressure as they are unable to raise prices at once, due to low demand.

According to cotton yarn makers, rising cotton prices has led to shrinking margins by around 5-7 percent in the last one month. Moreover, rise in cotton prices coupled with restricted demand has further resulted to increased pressure on margins.

Related Keywords: cotton demand, cotton industry, cotton price, fibre, raw cotton

Limited demand for cotton kept prices unmoved on Friday. This time about 32,000 bales (of 170 kg each) of the fibre arrived in Gujarat and 1 lakh bales across the country.

According to traders, mostly domestic mills were buying at this time and export demand was very nominal. This time, cotton price may rule in the coming days as fresh demand might be hard to obtain.

Gujarat Sankar-6 cotton traded at Rs.43,800-44,000 for a candy of 356 kg. B grade cotton stood at Rs.41,000-42,000 and lower grade cotton was quoted at Rs.36,000-37,000.

Related Keywords: cotton price, Mozambique cotton producer

The proposal to increase the cotton producer price by more than four percent this year is awaiting cabinet approval. With the proposal to rise the producer price for the crop was mutually agreed upon by the Mozambican government, cotton buyers and associations of peasant farmers who grow cotton.

Related Keywords: cotton price

The Commission for Agricultural Costs and Prices has proposed the government on setting crop rates. The panel has suggested the government to set record prices for purchases of cotton and other products from farmers as it will safeguard incomes of the farmers, according to government officials with knowledge of the matter.

The panel has proposed that the price the cotton to be increased by at least 1.25 percent. The long-staple cotton be increased to Rs.4,050 per 100kg from Rs.4,000 and the medium variety raised to Rs.3,750, from Rs.3,700.

Related Keywords: cotton price, US cotton buyer

The high cotton prices have not only resulted drop in demand and also cancellation of order from cotton buyers. U.S. witnessed largest cancellation so far this season since October from its largest buyer.

According to US government data, Turkey and Vietnam who is the top consumer of natural fiber due to high price have cancelled of bulk orders, of around 35,000 bales. The biggest net cancellations in a month came after prices jumped toward August highs near 94 cents a lb amid concerns about depleting domestic supplies.

Related Keywords: cotton price, Indian cotton trade

The Indian cotton trade and industry sees various reasons for cotton price flux and is contemplating at commodity future as an alternative to overcome this situation presently faced by them.