Cotton Corporation of India to obtain cotton from farmers in Rajasthan

Related Keywords: bales, CCI, cotton, cotton grower, cotton season, cotton trading, fibre, ginning, harvesting, mandis, medium-staple fibre cotton, National Agriculture Market

Chandigarh
Summary: 
The CCI has started arrangements for ginning and storage of cotton for the ensuing harvesting season. The central government had newly lifted the MSP on medium-staple fibre cotton by 28% to Rs 5,150 per quintal and long-staple by 26% to Rs 5,450. Traders expect that the hike would help firm up prices in India compared to the last season, when those were lower compared with the global market.

The CCI has started arrangements for ginning and storage of cotton for the ensuing harvesting season. The central government had newly lifted the MSP on medium-staple fibre cotton by 28% to Rs 5,150 per quintal and long-staple by 26% to Rs 5,450. Traders expect that the hike would help firm up prices in India compared to the last season, when those were lower compared with the global market.

https://economictimes.indiatimes.com/news/economy/agriculture/cci-to-directly-procure-cotton-from-farmers-in-rajasthan/articleshow/65389143.cms
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Interactive session with textile mills in the State

Related Keywords: 11 lakh bales of cotton, cotton corporation of India, cotton season, e-auction system of the CCI for sale of cotton, present cotton scenario and cotton sales by the CCI, quality of cotton sold by the CCI, Textile mills, top five customer mills of the CCI

Tamil Nadu
Summary: 
The mills learnt more about the e-auction system of the CCI for sale of cotton that it obtains.Around 200 mills in the State are registered with the CCI and 30 to 35 buy cotton regularly through e-auction.

The mills learnt more about the e-auction system of the CCI for sale of cotton that it obtains.Around 200 mills in the State are registered with the CCI and 30 to 35 buy cotton regularly through e-auction.

The present cotton scenario and cotton sales by the CCI this season was discussed by the CCI officials and textile mills. Cotton Corporation of India (CCI) has purchased 11 lakh bales of cotton so far this cotton season (October to September) and sold four lakh bales.

http://www.thehindu.com/news/cities/cotton-corporation-conducts-customer-meeting/article23605477.ece
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Trading activity remain moderate at cotton market

Related Keywords: availability of quality cotton, cotton market on Tuesday, cotton season, domestic market, KCA, lower level, ready counter, Renewed buying interest, resulted in some trading activity, spot rate, supply of quality lint, trading activity moderate

Karachi
Trading activity remain moderate at cotton market
Summary: 
Trading activity remain moderate due to renewed buying interest at the lower level at the cotton market on Tuesday. However, the availability of quality cotton resulted in some trading activity.

Trading activity remain moderate due to renewed buying interest at the lower level at the cotton market on Tuesday. However, the availability of quality cotton resulted in some trading activity.

Trading on ready counter was fairly moderate as needy spinners went for quality cotton. The following deals were reported to have changed hands on ready counter: 7,000 bales, Alipur, at Rs7,000; 400 bales, Jalalpur, at Rs7,100; 2,487 bales, Rahimyar Khan, at Rs7,300; and 800 bales also, Rahimyar Khan, at Rs7,000.

https://www.dawn.com/news/1393633/moderate-activity-on-cotton-market
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Govt reviews cotton availability position from time to time to avoid shortage

Related Keywords: avoid shortage, control fluctuation, cotton availability position, cotton prices, cotton season, directed Cotton Corporation of India, domestic mills, ensure availability of cotton, from time to time, Government of India, government reviews, Micro Small Medium Enterprise category, purchased under MSP, sell its stock of cotton, spinning mills

New Delhi
Govt reviews cotton availability position from time to time to avoid shortage
Summary: 
Government of India to control fluctuation in cotton prices and ensure availability of cotton for domestic mills has directed Cotton Corporation of India Ltd. to sell its stock of cotton (cotton season 2015-16), purchased under MSP, to Spinning Mills in the Micro Small Medium Enterprise (MSME) category.

Government of India to control fluctuation in cotton prices and ensure availability of cotton for domestic mills has directed Cotton Corporation of India Ltd. to sell its stock of cotton (cotton season 2015-16), purchased under MSP, to Spinning Mills in the Micro Small Medium Enterprise (MSME) category.

The Minister of State, Textiles, Ajay Tamta in a written reply to a Lok Sabha question said that government reviews the cotton availability position from time to time.

http://knnindia.co.in/news/newsdetails/sectors/there-is-no-shortage-of-cottonyarn-in-the-country-textile-ministry
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Ivorian cotton farmers get raise in mandated price

Related Keywords: bump up production, Cotton Ginners Association, cotton harvest, cotton season, depends heavily on agricultural sector, expansion in number of farmers, increase production, increased mandated cotton price, Ivorian cotton farmers, Ivory Coast, largely market-based, major cotton exporters

Islamabad
Ivorian cotton farmers get raise in mandated price
Summary: 
The Ivory Coast is largely market-based and depends heavily on the agricultural sector. In a bid to increase production in the wake of a unsatisfactory cotton harvest, the Ivory Coast government increased mandated cotton price for farmers by six percent for 2016-17 seasons hoping that this increase will permit an expansion in the number of farmers and bump up production, a government spokesman said.

The Ivory Coast is largely market-based and depends heavily on the agricultural sector. In a bid to increase production in the wake of a unsatisfactory cotton harvest, the Ivory Coast government increased mandated cotton price for farmers by six percent for 2016-17 seasons hoping that this increase will permit an expansion in the number of farmers and bump up production, a government spokesman said.

Ivory Coast, before a 2002-2003 civil war which split the country in two and halved production was one of the region's major cotton exporters, with an annual output of about 400,000 tonnes.

http://www.brecorder.com/cotton-a-textiles/185/108284/
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Spinners concern over higher consumption and reduced stock of cotton

Related Keywords: Cotton market, cotton season, higher consumption of cotton, KCA, qaulity lint, spinners worry over

Karachi
Spinners concern over higher consumption and reduced stock of cotton
Summary: 
The higher consumption of cotton this season by the textile industry has left reduced stocks of cotton with ginners which is also worrying spinners who have yet to see the season through.

The higher consumption of cotton this season by the textile industry has left reduced stocks of cotton with ginners which is also worrying spinners who have yet to see the season through.

On Tuesday at the cotton market, as quality lint remained in short supply against higher consumption, the cotton prices move upwards. But,the Karachi Cotton Association (KCA) kept its official rates fixed at Rs5,000 per maund.

The cotton analysts failed to understand as to why the KCA left its rates unchanged despite substantial increase in prices on ready deals.

http://www.dawn.com/news/1170229/cotton-prices-rise-on-short-supply
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Cotton prices showing signs of recovery over the last one month

Related Keywords: CAI, change in Chinese reserve policy, cotton export, cotton prices, cotton season, decline in prices, demand for better quality, domestic consumption, explore new market, ICE, showing signs of recovery

New Delhi
Cotton prices showing signs of recovery over the last one month
Summary: 
In the last week of January cotton prices ruled at at Rs14,420 a bale (170 kg) – near a five-year low which is some 14 percent below the levels seen at beginning of the cotton season, which began in October. However, cotton prices have now been showing signs of recovery over the last one month.

In the last week of January cotton prices ruled at at Rs14,420 a bale (170 kg) – near a five-year low which is some 14 percent below the levels seen at beginning of the cotton season, which began in October. However, cotton prices have now been showing signs of recovery over the last one month.

Decline in prices is attributed mainly to record domestic production and waning exports to China due to change in its reserve policy.

http://www.thehindubusinessline.com/markets/commodities/signs-of-recovery-in-cotton-prices/article6929674.ece
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Putting off cotton buying only solution to foresee price lower in near future by textile mills

Related Keywords: cotton buying, cotton export, cotton price, cotton season, cotton yarn export, ICAC report, new crop arrive, Oswal, spinner, textile mill

Mumbai
Putting off cotton buying only solution to foresee price lower in near future by
Summary: 
Textiles mills and spinners has decided put off buying cotton and has taken to wait-and-watch approach to stocking the commodity, as they feel that when new crop arrives in a couple of month, supply will improve and prices will drop.

Textiles mills and spinners has decided put off buying cotton and has taken to wait-and-watch approach to stocking the commodity, as they feel that when new crop arrives in a couple of month, supply will improve and prices will drop.
 

http://www.business-standard.com/article/markets/textile-mills-spinners-postpone-cotton-buying-as-prices-are-expected-to-fall-114080601083_1.html
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