Home / Knowledge / News / Textiles / Cotton prices in India may fall to Rs 32,000 per candy
Cotton prices in India may fall to Rs 32,000 per candy
02
Dec '11
In view of the limited demand and arrival of new cotton in India, the prices of cotton are likely to fall further.

The prices of cotton have fallen down from Rs. 39,000 per candy (1 candy = 356 kg) a month ago to around Rs. 35,625 per candy on December 1.

On November 30, the price of Shankar-6 cotton in Gujarat was Rs. 35,000, in Maharashtra it was Rs. 34,000, in Andhra Pradesh it was between Rs. 34,500 to Rs. 35,000, while in Punjab it was between Rs. 32,500 to Rs. 33,000.

“The international as well as the domestic demand is less, so it is quite obvious that the prices will fall,” Mr. Anand Popat, Secretary of Saurashtra Ginners Association exclaimed while speaking to fibre2fashion.

“Moreover, the harvest of the crop is beginning now and this season India has bumper cotton production, estimated to be over 34 million bales each of 170 kg. Hence, the market will further fall down and there are chances that the prices may fall up to Rs. 32,000 per candy,” he opined.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 27th Mar 2017

NYCEDC announces $51mn package for NYC garment industry

New York City Economic Development Corporation (NYCEDC), in...

Apparel/Garments | On 27th Mar 2017

Fynd raises $500K Series A funding from Venture Catalysts

Fynd, an online to offline (O2O) e-commerce fashion marketplace, has...

Apparel/Garments | On 27th Mar 2017

India's fashion market to touch $30 bn by 2020: Report

The fashion market in India is estimated at $70 billion in 2016, with ...

Interviews View All

Sanjay Desai & Ashish Mulani
True Colors

Digital textile printing will be the technology of the future

Subhashini Srinivasan
The S Studio

Ethnicwear market will see an upward trend if uniqueness and quality are...

Amrit Sethia
SOIE

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

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Mark Paterson
Technical Absorbents Ltd

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

Karan Arora
Karan Arora

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

Robert Brunner
Devereux

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


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