India’s cotton exports within the first 9 months of promoting 12 months 2023-24 had been up 68 per cent at 26 lakh bales of 170 kg every in contrast with 15.50 lakh bales throughout the identical interval a 12 months in the past. Increased surplus coupled with demand from nations resembling Bangladesh and Vietnam amongst … Read more
Spinning mills have turned chary in buying cotton as the present season is ready to finish in two-and-half months and are eager to keep away from any liquidity downside. “Being the top of the cotton season and liquidity points within the general market, (spinning) mills wish to watch out in cotton purchases. Man-made and cellulosic … Read more
India will likely be left with a file low closing shares cotton of 20 lakh bales (170 kg every) this yr, the Cotton Affiliation of India (CAI) mentioned on Saturday in its newest urgent estimate and steadiness sheet. In response to the most recent CAI estimate for the crop as of April 30, the closing … Read more
India’s cotton exports within the first six months of the season 2023-24 beginning October have greater than doubled with costs turning aggressive for the abroad patrons. Exports throughout October-March have been up 137 per cent at 18 lakh bales in comparison with the 7.59 lakh bales logged in the identical interval final 12 months , … Read more
With the 2024-25 kharif cotton plantings set to start in North India, stakeholders see a dip in acreages as weak costs for the fibre crop coupled with extreme infestation of pink bollworm (PBW) witnessed final season and rising labour prices might immediate farmers to take a look at safer bets like paddy, maize and guar. … Read more
Because the cotton futures on ICE ease on muted world demand and prospects of a greater crop in international locations comparable to Australia, the multinational merchants within the Indian market have began off-loading their shares, commerce sources mentioned. The Could cotton futures contract on ICE, which touched a excessive of 103.80 cents on February 28 … Read more
CHART- MRP of BG-II cotton seed packet (₹/475 gm) 2018-19 = ₹710 2019-20 = ₹710 (0 per cent) 2020-21 = ₹730 (3 per cent) 2021-22 = ₹767 (5 per cent) 2022-23 = ₹810 (6 per cent) 2023-24 = ₹853 (5 per cent) 2024-25 = ₹864 (1 per cent) The Union Agriculture Ministry has fastened the … Read more
After having gained over 15 per cent because the starting of 2024, cotton costs will seemingly rule agency for the rest of the season to September because of a decent steadiness sheet, merchants and analysts say. If the present pattern continues, then India’s cotton exports may rise from a low of 15.5 lakh bales (170 … Read more
Ram Kaundinya VIEWSROOM. Agriculture urgently requires elevated analysis investments to fight local weather change, preserve pure assets via modern seed and agronomic practices, increase yields of cotton and oilseed crops, and introduce nutrition-enhanced crop varieties. Supporting micro-irrigation and agricultural mechanisation is essential for water conservation and enhancing farmers’ profitability. Funding is required in strengthening farmgate … Read more
Cotton costs are ruling regular over the previous month serving to in demand bettering from spinning mills, merchants and multinational buying and selling homes as the overall consensus is that the market could not drop any extra from right here. “It’s unlikely that there will probably be any sharp fall in costs from right here. … Read more