Indian cotton sees demand from overseas markets on rupee depreciation

Related Keywords: around fourteen lakh bales, buying cotton from India heavily this season, Cotton Association of India, exported to Bangladesh, Good demand for Indian cotton, nine lakh bales to Pakistan, overseas markets this season, Pradeep Jain, president of the Association, thanks to the rupee depreciation

Mumbai
Indian cotton sees demand from overseas markets on rupee depreciation
Summary: 
There is good demand for Indian cotton from overseas markets this season, according to Pradeep Jain, president of the Association. Bangladesh, Pakistan, Vietnam, Indonesia and various other countries are buying cotton from India heavily this season. Around 14 lakh bales have been exported to Bangladesh so far, 9 lakh bales to Pakistan and the remaining to Turkey, Vietnam and Indonesia.

There is good demand for Indian cotton from overseas markets this season, according to Pradeep Jain, president of the Association. Bangladesh, Pakistan, Vietnam, Indonesia and various other countries are buying cotton from India heavily this season. Around 14 lakh bales have been exported to Bangladesh so far, 9 lakh bales to Pakistan and the remaining to Turkey, Vietnam and Indonesia.

http://www.financialexpress.com/industry/good-demand-for-indian-cotton-in-overseas-markets-on-depreciation/1089687/
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India cotton traders cancel export deals after rally in domestic prices

Related Keywords: 000 bales of the fibre, Cancellations of export contracts, cancelled contracts to export, Cotton Association of India, could cut India's exports, each of 170kg, higher local prices, in the 2017/18 marketing year, Indian cotton traders, made overseas sales unattractive, rising rupee, some 400, started on 1 October, to 5 million bales

Mumbai
India cotton traders cancel export deals after rally in domestic prices
Summary: 
The cancellations of export contracts and higher local prices could cut India's exports to 5 million bales, each of 170kg, in the 2017/18 marketing year started on 1 October—nearly a quarter below an initial estimate, said the president of Cotton Association of India, Atul Ganatra.

The cancellations of export contracts and higher local prices could cut India's exports to 5 million bales, each of 170kg, in the 2017/18 marketing year started on 1 October—nearly a quarter below an initial estimate, said the president of Cotton Association of India, Atul Ganatra.

Indian cotton traders have cancelled contracts to export some 400,000 bales of the fibre after a rally in domestic prices and the rising rupee made overseas sales unattractive.

http://www.livemint.com/Politics/KTIu9TE3EWWbFMVqVQAt6O/India-cotton-traders-cancel-export-deals-in-pivot-to-local-m.htmlm
0

Big fall in cotton output to see jump in prices by 7pc

Related Keywords: Cotton Association of India, cotton bales, due to pink bollworm attacks in some states, likely to see jump in cotton prices, prices have increased by Rs250-300 per quintal last week, six to seven percent in a week, Trade is speculating a big fall in cotton output

Pune
Big fall in cotton output to see jump in prices by 7pc
Summary: 
As the trade is speculating a big fall in cotton output due to pink bollworm attacks in some states, even though there is little clarity yet on the extent of the damage. Prices have increased by Rs250-300 per quintal last week and it is likely to see jump in cotton prices by 6to7 percent in a week.

As the trade is speculating a big fall in cotton output due to pink bollworm attacks in some states, even though there is little clarity yet on the extent of the damage. Prices have increased by Rs250-300 per quintal last week and it is likely to see jump in cotton prices by 6to7 percent in a week.

Various government and trade bodies have undertaken surveys to reassess the crop. A Maharashtra government official, who did not want to be named, said the fall in yields could be 15-20%.

https://economictimes.indiatimes.com/markets/commodities/news/cotton-prices-jump-7-on-fear-of-fall-in-output/articleshow/61828594.cms
0

Cotton prices expected to remain above MSP till December

Related Keywords: 375 lakh bales of 170 kg each in 2016-17, Cotton Association of India, current cotton prices are ruling lower, expect prices to remain above MSP till December, higher production, kapas, over previous year, still above the minimum support price, than previous year, trade body estimates cotton production, up by 11 percent

Pune
Cotton prices expected to remain above MSP till December
Summary: 
Cotton Association of India, trade body estimates cotton production of 375 lakh bales of 170 kg each in 2016-17, up by 11 percent over the previous year. Despite higher production, the current cotton prices are ruling lower than previous year but they are still above the minimum support price (MSP) and expect prices to remain above MSP till December.

Cotton Association of India, trade body estimates cotton production of 375 lakh bales of 170 kg each in 2016-17, up by 11 percent over the previous year. Despite higher production, the current cotton prices are ruling lower than previous year but they are still above the minimum support price (MSP) and expect prices to remain above MSP till December.

The current cotton arrivals from kharif crop are at their peak, with mandis across the country getting about 1.60 lakh bales every day.

https://economictimes.indiatimes.com/markets/commodities/news/cotton-prices-to-remain-above-msp-in-short-term/articleshow/61763111.cms
0

Govt to enter the market if cotton price touch or falls below MSP

Related Keywords: average quality, CCI, Cotton Association of India, cotton corporation of India, cotton price of the fair, fall below minimum support levels, global cotton production to rise. MSP procurement operations, government agencies, ICAC, India looking at bumper cotton crop, prepared to enter the market, prices touch MSP, ruling above MSP

Mumbai
Govt to enter the market if cotton price touch or falls below MSP
Summary: 
With India looking at a bumper cotton crop, and presently cotton price of the fair and average quality is ruling above MSP, the government agencies are all prepared to enter the market in case prices touch MSP or fall below minimum support levels, said SK Panigrahi, chief general manager, Cotton Corporation of India (CCI).

With India looking at a bumper cotton crop, and presently cotton price of the fair and average quality is ruling above MSP, the government agencies are all prepared to enter the market in case prices touch MSP or fall below minimum support levels, said SK Panigrahi, chief general manager, Cotton Corporation of India (CCI).

http://economictimes.indiatimes.com/markets/commodities/news/govt-to-step-in-if-cotton-price-falls-below-msp/articleshow/61000258.cms
0

Cotton price estimated to remain around Rs 4,800 per quintal at harvest

Related Keywords: Acharya NG Ranga Agricutural University, assuming normal area, Cotton Association of India, cotton mills and ginners, harvest time, higher estimates of consumption, Kapas prices, lower than expected arrivals of crop, purchasing cotton, remained firm, tight supply

Hyderabad
Cotton price estimated to remain around Rs 4,800 per quintal at harvest
Summary: 
Kapas prices have remained firm in the range of Rs.5, 900 -6000 per quintal, over the past few weeks due to lower than expected arrivals of crop and higher estimates of consumption. So far about 208-210 lakh bales or about 61 percent of the total crop has arrived, according to trade sources.

Kapas prices have remained firm in the range of Rs.5, 900 -6000 per quintal, over the past few weeks due to lower than expected arrivals of crop and higher estimates of consumption. So far about 208-210 lakh bales or about 61 percent of the total crop has arrived, according to trade sources.

For the next few weeks cotton prices will continue to remain firm with higher estimates of consumption and tight supply at harvest time,

http://www.thehansindia.com/posts/index/Commoner/2017-07-23/Cotton-price-to-be-around-Rupees-4800-per-quintal-at-harvest/314157
0

This season cotton planting in terms of area almost double

Related Keywords: Central Institute of Cotton Research, compared to the same period last year, Cotton Association of India, cotton cultivation, cotton sowing, data released by the agriculture ministry, doubled in terms of area, high pricing of cotton, kharif cultivation, Owing to favourable climatic conditions, planting of cotton crop, strong domestic prices

Pune
This season cotton planting in terms of area almost double
Summary: 
Owing to favourable climatic conditions and high pricing of cotton , the planting of cotton crop has doubled in terms of area compared to the same period last year. As per the data released by the agriculture ministry, an unprecedented increase in cotton sowing has seen the area under kharif cultivation going up by nearly 20%.

Owing to favourable climatic conditions and high pricing of cotton , the planting of cotton crop has doubled in terms of area compared to the same period last year. As per the data released by the agriculture ministry, an unprecedented increase in cotton sowing has seen the area under kharif cultivation going up by nearly 20%.

With most parts of the country receiving good rains as the first month of monsoon activity comes to a close, there is an indication that sowing will pick up momentum in the coming weeks.

http://www.financialexpress.com/market/cotton-planting-almost-double-this-season/749433/
0

Cotton to see boost in sowing and production on normal monsoon

Related Keywords: Biggest commercial crop of India, boost in sowing and production, cotton, Cotton Association of India, cotton crop area is growing, favouring the crop, monsoon show predictable normal behavior, switching to cotton from foodgrain crops, value chain

Hyderabad
Cotton to see boost in sowing and production on normal monsoon
Summary: 
One of the biggest commercial crop of India, cotton, is receiving a boost in its sowing and production as the monsoon has shown a predictable normal behavior for the 2017 favouring the crop.

One of the biggest commercial crop of India, cotton, is receiving a boost in its sowing and production as the monsoon has shown a predictable normal behavior for the 2017 favouring the crop.

Apart from the large cotton growing states of Gujarat, Maharashtra and Telangana, farmers in Haryana and Rajasthan seem to be switching to cotton from foodgrain crops,

Last year, despite the Telangana government asking its farmers to grow pulses instead of cotton, the majority of them continued with cotton and enjoyed good returns.

http://www.business-standard.com/article/markets/boost-seen-for-cotton-sowing-on-good-realisations-normal-monsoon-117042000906_1.html
0

Cotton prices remain firm on strong export demand

Related Keywords: against thirty eight point two million bales last year, arrivals rose, beginning of this season, Cotton Association of India, cotton prices indicated a softening trend, initial peak levels, opening stock of about four point five million bales, projected a total demand of twenty nine point five million bales for the year, strong export demand

Ahmedabad
Cotton prices remain firm on strong export demand
Summary: 
With an opening stock of about 4.5 million bales at the beginning of the 2016-17 season, the Cotton Association of India (CAI) has projected a total demand of 29.5 million bales for the year, against 38.2 million bales last year. CAI's estimates put available the surplus at 11.2 million bales.

With an opening stock of about 4.5 million bales at the beginning of the 2016-17 season, the Cotton Association of India (CAI) has projected a total demand of 29.5 million bales for the year, against 38.2 million bales last year. CAI's estimates put available the surplus at 11.2 million bales.

However, looking at the trends in cotton arrivals at mandis, as much as 70 percent of the crop is believed to have already hit the market. Traders put total arrivals so far at 24.4 million bales.

http://www.thehindubusinessline.com/economy/agri-business/cotton-prices-hold-steady-on-strong-export-demand/article9587954.ece
0

India’s cotton output likely to fall to 540kg in 2016

Related Keywords: Cotton Association of India, cotton bales, cotton cultivation expected to shrink, cotton prices have jumped, due to delayed rains, fall in yield, five-year low, India cotton yields, measures to reduce import, pink boll-worm attacks in Gujarat, raw cotton production is expected to fall, Textile Industry, white fly problems in northern India

Bangalore
Summary: 
India's cotton yields have fallen from 566kg per hectare in 2014 to 504kg in 2016 which is already among the world’s lowest. Fall in yield is due to delayed rains and white fly problems in northern India and pink boll-worm attacks in Gujarat. As a result, raw cotton production is expected to fall to a five-year low of 33.8 million bales in the year to Sept.30 from 38 million bales a year earlier, and cotton prices have jumped from $1.50 to $2 a kilogram. A bale of cotton weighs 170kg.

India's cotton yields have fallen from 566kg per hectare in 2014 to 504kg in 2016 which is already among the world’s lowest. Fall in yield is due to delayed rains and white fly problems in northern India and pink boll-worm attacks in Gujarat. As a result, raw cotton production is expected to fall to a five-year low of 33.8 million bales in the year to Sept.30 from 38 million bales a year earlier, and cotton prices have jumped from $1.50 to $2 a kilogram. A bale of cotton weighs 170kg.

http://asia.nikkei.com/Business/Trends/Rattled-Indian-textile-sector-begs-for-help
0
 
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