Home / Knowledge / News / Textiles / Cotton price rises on local demand
Cotton price rises on local demand
Sep '11
Price of cotton has risen in Gujarat due to increase in demand from local ginners. Low arrival of new cotton is cited as another reason for the rise in prices.

The price of Shankar-6 variety increased by at least Rs. 1,000 to Rs. 40,000 a candy (1 candy = 356 kg) on Monday from Friday's close of Rs. 38,500-39,000 a candy.

The price of raw cotton was around Rs. 915-950 per maund (1 maund = 20 kg). On the National Commodity and Derivates Exchange, the February contracts price of raw cotton was Rs. 739.20 a maund, an increase of Rs. 3.40.

So far, nearly 5,000 bales of new cotton (1 bale = 170 kg) crop have arrived in Gujarat, compared to the arrival of 7,000-7,500 bales in the rest of the country. However, regular arrival of cotton is expected from the second week of October.

Hence, in the short term the price is likely to remain high as there is a 10-15 days delay in new arrivals. Although the demand from local ginning mills is increasing, the price is not expected to go beyond Rs. 42,000-43,000 a candy, according to market analysts.

Gujarat is expecting cotton harvest of 11.6 million bales this season compared to its production of 10.7 million bales last season.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 22nd Jul 2017

Govt constitutes GST Feedback and Action Room

The Government of India has constituted a Feedback and Action Room...

Textiles | On 22nd Jul 2017

India’s cotton textile exports fell in FY17: Tamta

The overall export of cotton textiles from India declined in 2016-17...

Textiles | On 22nd Jul 2017

Stella McCartney, Bolt Threads partner for eco fashion

Fashion designer Stella McCartney has partnered with Bolt Threads for ...

Interviews View All

Milind Khandwe
Hindoostan Innovation Centre

‘Modern technical textile is an indispensable tool for science and...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Neel Sawhney
One Friday

‘The share of kidswear segment in the online sector is still small in...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Silke Brand-Kirsch
Schlegel und Partner

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

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

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


July 2017

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

news category

Related Categories:

Planning to Take the Leap towards

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search