Home / Knowledge / News / Textiles / Researchers in India advise farmers not to stock cotton
Researchers in India advise farmers not to stock cotton
Nov '11
Researchers working on the National Agricultural Innovation Project (NAIP) in India have advised farmers not to stock their production and sell cotton at current prices.

NAIP has eleven partner institutes which work on the project for establishing and networking of agricultural commodity prices with market intelligence in India. The aim of NAIP is to increase the income of the farmers and creating awareness among them regarding the market scenario.

Researchers working on the project advise the farmers when to sow a certain crop and when to preserve or store the crop, keeping in mind the prices of the commodity likely to be available at the time of harvest.

Fibre2fashion spoke to Dr. RL Shiyani, Professor & Head and Prof. MG Dhandhalya, Assistant Research Scientist, at the Department of Agricultural Economics, Junagadh Agricultural University (JAU), which is one of the 11 NAIP partner institutions.

The researchers stated, “Our advice to farmers is to sell their cotton at current prices and not to stock their production, because there is no chance of increase in cotton prices in the next few months.”

Explaining the reasons for their conclusion, they said, “Due to unexpected rise in cotton prices last year, this year the cotton acreages in India have increased to 11.8 million hectares. Major increase was in areas of Gujarat, Maharashtra and Madhya Pradesh. Hence, this year we are expecting the cotton production to be around 36.1 million bales (1 bale = 170 kg) as against 33.4 million bales production last year, as per the fourth advanced estimates of the Government. India's consumption is likely to remain steady at around 27.4 million bales. So compared to last year, this year there will be more year ending stock.”

“Moreover, unlike last year, there is bumper cotton production in China and Pakistan as well. So at world level, according to International Cotton Advisory Committee (ICAC), cotton production will be 8 percent more than last year while consumption will increase by only 2 percent. There will be new stock by year-end, so there is no chance of cotton prices to increase,” they added.

Comparing the last year's price of cotton with expected price this season, the researchers said, “Last year, at the sowing time, the price of cotton was Rs. 700 per 20 kg but, at the time of harvest it went up to Rs. 900 per 20 kg because of shortfall at international level. Then again there was loss of production in Australia in the end of December to 1st week of January. This was followed by saturation at international level and cotton prices increased from Rs. 900 to Rs. 1400 per 20 kg. However, this year we forecast the price to remain in the range of Rs. 700-900 per 20 kg.”

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Textiles | On 10th Dec 2016

Indian textile hubs adopt cashless payment modes

The textile ministry is promoting cashless payment within the...

Interviews View All

Janak Dhamanwala & Sunil Dhamanwala

Moving towards sustainability is also a social change

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Ghanshyam Ghoghari
Kimora Fashion

Bridalwear is not about reds and whites anymore

Silke Brand-Kirsch
Schlegel und Partner

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Rupa Sood and Sharan Apparao

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

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

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

December 2016

December 2016

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


Browse Our Archives


Advanced Search