Page 2 - Cotton Prices

Cotton trading at Rs 41,445 per candy; Coriander at Rs 5,420 per quintal

However, seasonal arrivals would limit any sharp increase in coriander prices

Cotton spinners pin hopes on demand uptick to improve margins

The industry is also expected to see a bumper crop, which could bring down cotton prices to some extent

Commodity picks: 15 May, 2017

Cotton prices corrected in recent weeks; Cardamom prices in Vandanmedu trading at Rs 1,239 per kg

Cotton prices to remain stable in Q1FY18; will buck usual trend: Ind-Ra

GST, demonetisation, more acreage, global demand will balance out effects, says the ratings agency

Cotton prices may stabilise to below Rs 40,000 per candy, push mill uptake

Despite a below normal monsoon forecast likely to impact production, 2017-18 could turn out to be a better year for India's cotton heavy textile sector. Estimates peg cotton prices at below Rs 40000 per candy of 356 kg mark or Rs 20000 per bale of 170 kg in the coming weeks, turning out to be competitive for textile mills, thereby enhancing mill uptake. As per the International Cotton Advisory Committee (ICAC), while delayed harvesting earlier this season has led to India's exports projected to decline by 23 per cent to 960,000 tons in 2016/17, India's mill use of cotton also declined by three to 5.1 million tons in 2016/17 due to high domestic and international cotton prices. However, despite delayed harvesting previously and a below normal monsoon forecast this year, the Indian textile industry's cotton use is now projected to recover by 1 per cent to 5.2 million in 2017/18. In addition, cotton imports from key markets like China and Vietnam are also set to grow by 4-6 per cent, ...

Ind-Ra assigns stable outlook for cotton textiles in FY18

Outlook driven by steady input prices, healthy capacity utilisation and healthy domestic demand

Cotton price rally, traders blame MNCs

Cargill, Glencore say they didn't manipulate market

Cotton price rally may continue on tight supply

Traders and ginners said that farmers want cash rather than cheques and that's why they are holding the crop

Global cotton price at 80-mth low

Futures are trading at 57.41 cents, a level seen back in August 2009