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Related Keywords: 375 lakh bales of 170 kg each in 2016-17, Cotton Association of India, current cotton prices are ruling lower, expect prices to remain above MSP till December, higher production, kapas, over previous year, still above the minimum support price, than previous year, trade body estimates cotton production, up by 11 percent

Cotton Association of India, trade body estimates cotton production of 375 lakh bales of 170 kg each in 2016-17, up by 11 percent over the previous year. Despite higher production, the current cotton prices are ruling lower than previous year but they are still above the minimum support price (MSP) and expect prices to remain above MSP till December.

The current cotton arrivals from kharif crop are at their peak, with mandis across the country getting about 1.60 lakh bales every day.

Related Keywords: CCI, cotton arrivals beginning in full swing, cotton corporation of India, Cotton prices going down below MSP, in a couple of states, India Cotton Federation, kapas, Minimum Support Price (MSP) or market prices this season, prepared to procure some 100 lakh bales of cotton, purchase centres, raw cotton

The Cotton Corporation of India (CCI) is prepared to procure some 100 lakh bales of cotton either at Minimum Support Price (MSP) or market prices this season with the cotton arrivals beginning in full swing, according to CCI chief MM Chokalingam. So far this season CCI has already purchased some 62,000 bales of cotton at Minimum Support Price (MSP).

Related Keywords: cash shortage, continue to increase further, cotton prices, exporters, Farmers are not aggressive to bring raw cotton, gone up due to short arrival, good demand from domestic mills, kapas, mandis across India, no rise in supply in near future, pipeline is still dry, Punjab cotton ginners association

Cotton prices have gone up due to short arrival and good demand from domestic mills and exporters. It may continue to increase further as there is no hope for rise in supply in near future and pipeline is still dry. Farmers are not aggressive to bring raw cotton or kapas in the mandis across India due to cash shortage, said Bhagwan Bansal, president, Punjab Cotton Ginners Association.

Related Keywords: CITI, Confederation of Indian Textile Industry, cotton bales, cotton corporation of India, cotton development and research association, kapas, raise yield in Rajasthan, set up in mandi, tested in laboratory

Confederation of Indian Textile Industry’s Cotton Development and Research Association, which has been active in Rajasthan for the past few years, now plans to raise yield there to 1,000 kg per ha. With higher yield, Rajasthan’s production has also increased to around 170,000 bales.

P D Patodia, chairman, CITI standing committee on cotton, said that they had set a target of raising yield to 1,000 kg (per ha). Rajasthan is expected to have the highest cotton yield this season.

Related Keywords: decline in arrivals of seed cotton, Domestic textile activity, gain speed, ginning factories, kapas, Pakistan cotton crop, Pakistan Cotton Ginners Association, Pakistan cotton market, ready cotton business, seedcotton price, stable and steady condition, yarn price

Cotton market in Pakistan witnessed stable and steady condition over decline reported in the arrivals of seedcotton (Kapas /Phutti) into the ginning factories over the last week or ten days. However, early next week, with the pick up of seedcotton arrivals, market to resume normal pace due to which both in Sindh and Punjab the ginning operation will also gain speed, as per traders.

Related Keywords: APTMA, Better Cotton Initiative, decreasing cotton stock, domestic marekt, kapas, Karachi Cotton Association, Pakistan Cotton Ginners Association, Pakistan cotton market, ready cotton sales, rising cotton prices, seed cotton, unsold cotton

The rising cotton prices which had mind- numbing effects on the Pakistan market last week continue to remain fixed in the wake of the fact that the domestic market is left with only 200,00 bales of unsold cotton.

For whatever minimal quantity of seed cotton (kapas / phutti) prices in Sindh were quoted between Rs 2,000 and Rs 2,600 per 40 kgs, according to the quality, while in the Punjab they were quoted between Rs 2,400 to Rs 3,100 per 40 kilogrammes in a firming market.

Related Keywords: booked imported cotton, cotton bales, current crop, decreasing supplies remaining with ginner, domestic textile industry, good quality cotton, increase in domestic cotton prices, kapas, lint price, needy mills, Punjab cotton market, ready cotton market, seedcotton, Sindh market

With decreasing supplies of good quality cotton from the current corp (August 2014/July 2015) remaining with the ginners, a further increase was seen in domestic cotton prices on Thursday. In fact, the price for the very meager seedcotton (kapas / phutti) remaining in the market in Sindh reportedly ranged from Rs 1,800 to Rs 2,400 per 40 kgs, while in the Punjab the seedcotton rates were said to have extended from Rs 2,000 to 2,700 per 40 kilogrammes, as per the quality.

Related Keywords: cotton farmers, cotton prices, cotton trading activity, demand for export, domestic mill, Ginners, Gujarat Sankar-6 cotton, Indian cotton market, kapas, MSP, Rajkot

Weak cotton trading activity was witnessed at Rajkot, Gujarat as cotton prices remained unchanged and domestic mills were buying only as per their requirements as demand for export was seen dull.

Kapas or raw cotton declined marginally on lower buying from ginners. Gujarat Sankar-6 cotton was traded at ₹33,100-200 per candy of 356 kg.

About 45,000-50,000 bales (of 170 kg) arrived in Gujarat and 2.10-2.15 lakh bales arrived in India. Kapas lost ₹5 to ₹830-850 for a maund of 20 kg. Gin delivery kapas stood at ₹855-860. Cottonseed went for ₹355-370.

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 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.