by DIGITAL MEDIA EXECUTIVE | Jun 10, 2023 | cotton industry, COTTON PRICE
After the government on Wednesday raised the minimum support price (MSP) for the commodity for the 2023–24 marketing season by over 9% year-over-year, cotton prices, which have dropped by over 25% in the last eight months, are anticipated to stabilise. There was a...
by DIGITAL MEDIA EXECUTIVE | May 19, 2023 | cotton industry, COTTON PRICE
According to a segment of the cotton trade, India has reached its 51,000-tonne duty-free import cap of Australian cotton for 2023. However, if prices are at the proper level, there may be room for more imports. To reestablish contact with cotton players in this...
by DIGITAL MEDIA EXECUTIVE | May 18, 2023 | cotton industry, COTTON PRICE
Our Office The Cotton Association of India (CAI) has reduced its estimate for the crop of fibre by another 7 lakh bales, bringing it down to 321 lakh bales (170 kg apiece). According to forecasts from the Cotton Advisory Board, the crop would likely be the lowest...
by DIGITAL MEDIA EXECUTIVE | May 17, 2023 | cotton industry, COTTON PRICE
After starting this year’s cotton seeding in the middle of April, everything is going well across North India. Initial reports indicate that Rajasthan’s cotton sowing area will grow since farmers there have chosen to cultivate cotton this year. In Punjab...
by DIGITAL MEDIA EXECUTIVE | Apr 28, 2023 | cotton industry, COTTON PRICE
MARKET OUTLOOK Cotton yarn market in north India is struggling due to weak demand from the downstream industry and stable cotton yarn prices. North Indian cotton prices continue to slide due to slow demand from spinners and limited arrivals. Vietnamese NA...
by DIGITAL MEDIA EXECUTIVE | Apr 21, 2023 | cotton industry, COTTON PRICE
According to the industry’s monthly revision, India’s cotton production has been further down to 303 lakh 170 kg bales. It is important to note that India’s estimated cotton production for the marketing year 2022–2023 (October–September) is now lower...
by DIGITAL MEDIA EXECUTIVE | Apr 20, 2023 | cotton industry, COTTON PRICE
According to the industry’s monthly revision, India’s cotton production has been further down to 303 lakh 170 kg bales. It is important to note that India’s estimated cotton production for the marketing year 2022–2023 (October–September) is now lower...
by DIGITAL MEDIA EXECUTIVE | Apr 17, 2023 | cotton industry, COTTON PRICE
MARKET OUTLOOK Today, trading has started with a decline due to heavy fall in Share Market IT stocks. Today, the BSE Sensex opened at a level of 59913.24 points with a fall of 517.76 points. Today, the rupee opened at a level of Rs 82.89 against the dollar with a...
by DIGITAL MEDIA EXECUTIVE | Apr 5, 2023 | cotton industry
Total Arrival : 1,12,500 Bales MARKET OUTLOOK Today, the BSE Sensex opened at a level of 59256.22 points with a gain of about 149.78 points. On the other hand, the NSE’s Nifty opened at a level of 17439.20 points with a gain of 41.20 points. Today, the rupee...
by DIGITAL MEDIA EXECUTIVE | Apr 5, 2023 | cotton industry
MARKET OUTLOOK Cotton yarn prices in North India remained stable today due to sluggish demand from the downstream industry. Unseasonal rains in Punjab on the first trading day of the new fiscal limited trading activities. The Better Cotton Initiative (BCI) has signed...
by DIGITAL MEDIA EXECUTIVE | Mar 31, 2023 | cotton industry, COTTON PRICE
MARKET OUTLOOK Today, the BSE Sensex opened at a level of 58571.37 points with a gain of about 611.28 points. On the other hand, the NSE’s Nifty opened at a level of 17256.10 points with a gain of 175.40 points. The Tamil Nadu government has favoured...
by DIGITAL MEDIA EXECUTIVE | Mar 17, 2023 | cotton industry, COTTON PRICE
While production is anticipated to dip in Maharashtra, Telangana, and Haryana, the Cotton Association of India (CAI) further decreased its estimate of the cotton harvest for the 2022–23 season on Thursday, bringing it to 313 lakh bales. According to a statement from...