by Manali bhanushali | Jul 12, 2021 | Industry And Cluster, News & Insights
Pakistan has finalised import contracts for 500,000 cotton bales in order to close the demand-supply imbalance as local prices rise, merchants reported on Saturday. During the previous week, Pakistan remained the top cotton importer. Brazil, Central Asia, and India...
by Manali bhanushali | Jun 28, 2021 | Industry And Cluster, News & Insights
Despite continuous stockpiling of the new cotton crop, Pakistani mills have placed import orders for roughly 300,000 bales, raising concerns about the crop’s future in the nation. So far, orders for 300,000 bales of cotton have been placed. According to...
by Manali bhanushali | Jun 14, 2021 | Industry And Cluster, News & Insights
Cotton Association (CAI) has released its May estimate of the cotton crop for the season 2020-21 beginning from 1st October 2020. CAI has reduced its May estimate of the cotton crop for 2020-21 by 4 lakh bales to 356 lakh bales of 170 kgs. each (equivalent to 378.25...
by Manali bhanushali | Mar 3, 2021 | Finance & Economy, News & Insights
The minimum support price (MSP) cotton purchased increased 134.79 per cent in December 2020 to 3874000 bales from 1650000 bales in previous month and rose by 78.44 per cent in January 2021 to 3121000 bales from 1749000 bales in January 2020. The boost was caused due...
by Millionaires | Jul 25, 2020 | Industry And Cluster, News & Insights
Pune: Cotton Corporation of India sold about 700,000 bales of cotton on Tuesday, its highest single day sale in five years, as it offered discounts on bulk orders. The state-owned company procured 10.4 million bales of cotton – each bale weighing 170 kilograms...