Home / Knowledge / News / Textiles / Difference in global & Indian cotton prices narrowing
Difference in global & Indian cotton prices narrowing
Aug '11
International prices of cotton have always been on a higher side when compared with those prevailing in the Indian cotton market.

But the trends prevailing in the Indian cotton markets in the last few days indicate that the difference in prices is gradually narrowing.

On August 1, the Cotlook Index stood at US $1.138 per pound. Its equivalent price in Indian rupees per kg was at Rs 110.58 per kg at the then prevailing exchange rate of Rs 44.07 to the US dollar.

On the same day, prevailing price of comparable quality of cotton in the Indian market was at around Rs 87.18 per kg, a big difference of Rs 23.40 per kg.

However, once the Indian government opened up exports of quota and put it under Open General License (OGL), Indian cotton prices started moving northwards and difference started narrowing.

On August 9, the difference had reduced to just Rs 11.11 per kg on a day when Indian rupee equivalent price of Cotlook index stood at Rs 109.54 per kg and Indian cotton prices were quoted at Rs 98.43 per kg, at an exchange rate of Rs 45.21 to the dollar.

On August 11, the difference however once again widened to Rs 14.60 per kg as Indian rupee equivalent price of Cotlook Index rose to Rs 110.21 per kg and Indian prices declined to Rs 95.61 per kg, before once again falling to a difference of Rs 13.85 on August 12.

Click here to view and compare Cotlook and Indian cotton price trends from Augsut 2011.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 19th Jan 2017

Pakistan imposes duty on Indian fine cotton yarn

A provisional countervailing duty ranging from Rs 26.89 to Rs 55.8 a...

Textiles | On 19th Jan 2017

Union Budget: Textile sector expects excise duty revisions

Excise duty on man-made fibres should be reduced to bring it on par...

Union textiles minister Smriti Irani at the inauguration of IIGF in New Delhi with textiles secretary Rashmi Verma and other dignitaries. Courtesy: PIB

Apparel/Garments | On 19th Jan 2017

Ministry to reimburse apparel exporters for state levies

The textile ministry has received a sum of Rs 500 crore from the...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Amrit Sethia

‘The intimatewear category in India is slowly becoming trend-sensitive.’

Claudia Kersten
Global Organic Textile Standard

‘GOTS is a very efficient supply chain management tool, especially for...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Karan Arora
Karan Arora

Bridal couture created with rich Indian heritage, exquisite craftsmanship...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

January 2017

January 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Subscribe today and get the latest News update in your mail box.
Advanced Search