Cotton Prices

TMS Ep379: GDP slowdown, fake websites, textile stocks, Jan Vishwas Bill

What's behind the GDP slowdown in Q3? How big is the fake website problem? Will softening cotton prices firm up textile stocks? What is the Jan Vishwas Bill? All answers here

The limited supplies are keeping local prices significantly above the global benchmark, making overseas sales unviable from the world's biggest producer of the fibre

Cotton Council International executives say zero tariff regime should continue as it is beneficial to mills

High cotton prices, the Russia-Ukraine war and poor demand from the apparel industry have hit the spinning mills hard

This confluence of extreme weather events brought on by climate change has sent cotton prices soaring by as much as 30%

Most MSMEs running at 60 per cent capacity as high input prices have also made exports costlier

Shortfall in rains, which was over 40% till June 10, narrowed to 4% by June 24 largely due to a massive downpour in the East and North-East

Here is a look at the major issues surrounding them despite import without duty

Raw cotton prices have more than doubled from Rs 35,000 per candy of 356 kg in mid-2020 to over Rs 75,000 now

Raw cotton prices have more than doubled since mid-2020, leading to consolidation with the larger players banking on international business

HINDUPUR, India (Reuters) - India is hoping its labour-intensive textiles and apparel (T&A) companies will help it address a jobs crisis, and has promised to pump about $2 billion into the industry over the next few years to generate more than 1 million jobs.

Southern India Mills Association urged Prime Minister to remove the 11% import duty on cotton and cotton waste and also cotton from MCX and NCDEX features

The government on Wednesday approved a Rs 17,408.85 crore 'committed price support' to the Cotton Corporation of India (CCI) for seven cotton seasons from 2014-15 to 2020-21. The decision was taken at the Cabinet Committee on Economic Affairs (CCEA) headed by Prime Minister Narendra Modi. The CCEA has approved incurring expenditure for reimbursing losses under MSP operations for cotton during the cotton season (October-September) 2014-15 to 2020-21. The CCEA has given its approval for committed price support of Rs 17,408.85 crore to the CCI for the cotton seasons from 2014-15 to 2020-21 (up to September 30, 2021), an official release said. In order to safeguard the interests of the cotton farmers, the government said the CCI procured cotton in large quantity during 2014-15 to 2020-21 as cotton prices touched the MSP prices. The procurement of cotton at MSP helped stabilise the cotton prices and alleviate farmer's distress. Briefing media on the Cabinet decisions, I&B Minister ...

Fitch Solutions said on Tuesday it expects cotton production in India to fall by one per cent year-on-year to 28.3 million 480lb bales in 2021-22

Climate change could expose half of all global cotton-growing regions, including India, to high risks from temperature increases, changes in rainfall patterns and extreme weather events by 2040

Mustard seed at the benchmark Jaipur market is trading at Rs 6,160 per quintal; Benchmark cotton S6 (29mm) in Gujarat is quoting around Rs 19,100 per bale

SAD held an agitation here against the Cotton Corporation of India and government in Punjab, claiming that farmers were forced to sell cotton at much lower price than its Minimum Support Price

The Cotton Association of India (CAI) has upgraded its cotton production forecast by 19 lakh bales to 354.50 lakh bales for the 2019-20 season

Consumption seen rising 5% to 28.8 mn bales this year, compared to 27.4 mn bales last year

Soybean prices are currently trading at 25% premiums to MSP after initially slipping below govt's threshold procurement price of Rs 2,850 a quintal