India is likely to produce 34.4 million bales of cotton in the 2022/23 season that started on Oct. 1, up 12% from a year ago after farmers expanded the crop area, a trade body said on Tuesday
Analysts expect that the inflated cotton prices will continue to haunt small-sized yarn spinners during the first half of FY23 (H1-FY23). However, a good monsoon season can paint a different story
M K Stalin says several units staring at closure, urges mandatory declaration of cotton and yarn stock, easier cash credit limits for mills to buy cotton
Experts feel this could keep prices of major farm commodities and products dependent on them, such as poultry and meat, at an elevated level for quite some time
Group representing farmers protests government dropping customs duty on imports, calls it disastrous
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
Oilseed and cotton will see a drop in production as weaker rains have reduced their sowing areas
The report further explained that the dynamics of the spread between international and domestic prices of cotton also affects profitability
The total cotton production in 2018-19 was 330 lakh tonne, CAB said
Cotton prices have jumped to Rs 13,200 per quintal now from Rs 11,800 per quintal about a month ago
Wide gap seen between initial estimates and actual output; mills may be forced to import at sky-high prices
Drought in Maharashtra and Gujarat, the chief cotton growing states, delivers a huge blow to output
Gujarat and Maharashtra impacted most, second and third pickings may take a get impacted; cotton price may swing in coming weeks
Indian farmers have adopted genetically-modified seeds known as Bt cotton that are resistant to bollworms
India's cotton output is likely to decline by 10 per cent from the pre-harvest forecast of a bumper production of 37.7 million bales (170 kg each) for 2017-18. This is due to extensive attack of the pink bollworm in major growing states.Industry veterans gathered at the 9th Asian Textiles Conference, organised by the Confederation of Indian Textile Industry on Wednesday, estimated a massive impact on output this year, due to the infestation across Maharashtra, Telangana, Andhra and Karnataka. With this, India's cotton output for the ongoing season is likely to remain flat at around 34.5 million tonnes from 2016-17, despite a significant increase in sowing during the kharif season.The decline in overall output has prompted the government to reconsider its dependence on the widely used Bacillus thuringiensis (Bt) seed. Central Institute for Cotton Research has developed a variety of medium and long staple varieties to withstand heat and flood, to get commercialised in the next ...
A 19% jump in the area planted with cotton had prompted most industry officials to estimate record production this year