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Related Keywords: cotton arrival season, cotton price, cotton trading, India cotton industry, liquidity crunch, new arrival of cotton, poor demand, Saurashtra Ginners Association, SIMA, spinning industry, yarn mills

Cotton, which was quoted at Rs 40,000 per candy last Thursday, was trading at Rs 37,000 per candy (a candy of 356 kg) on Tuesday, registering Rs 3,000 drop in price, a decline by 7.5 percent per candy over the last four days owing to poor demand from yarn mills and following new arrivals of the crop in state like Punjab.

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: cotton security policy, India cotton industry, Ministry of textile

India, as a major cotton producer, consumer and exporter, with shortage and price instability for raw cotton going on at global level which is likely to continue over next few years, it becomes extremely important and urgent to draw up cotton security policy.

Related Keywords: cotton price, India cotton industry

The Cotton Corporation of India (CCI) reported the current season arrival to 151.41 lakh bale as of now as compared to 182.23 lakh bale in the same time last season.

In the north zone of Punjab, Haryana and Rajasthan, the daily average arrivals are around 15,000 bales. Cotton lint prices remained steady with no major variations.