Home / Knowledge / News / Textiles / 5.86mn cotton bales have arrived in Indian markets – CCI
5.86mn cotton bales have arrived in Indian markets – CCI
26
Dec '12
Cotton Corporation of India (CCI) has started procurement of Kappas from Madhya Pradesh, Orissa and Karnataka in addition to Andhra Pradesh where they have already procured approximately 7 lakh bales of 170 kgs bls. 
 
As per reports, they are also ready to open operations from other major cotton producing States. CCI has estimated that approximately 50.86 lakhs bales have arrived in the market till the 10th of December. 
 
PUNJAB, HARYANA AND RAJASTHAN:
Daily Kappas arrivals are approximately 15000 bales in the North Zone alone. At higher prices, Mills are not very eager to buy and there is a constant fluctuation in the market sentiments here. Punjab J-34 r/g was quoted at Rs.3620/- per maund spot while in Haryana J-34 r/g was quoted at Rs.3545/- per maund spot and in Rajasthan J-34 was quoted at Rs.3525/- per maund spot. Bengal Desi was quoted at Rs.3850/- per maund spot.
 
GUJARAT:
Daily kappas arrivals were approximately 30,000 bales in Gujarat.Good quality S-6 was transacted at Rs.34200/- Spot per candy. While V-797 r/g was quoted at Rs.29500/- Spot per candy.
 
MAHARASHTRA:
Daily Kappas arrivals were approximately 30,000 bales. Good quality Bunny was transacted at Rs.33,700/- Spot per candy, while low micronaire cotton was sold at Rs.33,000/- Spot per candy. Quality in the Vidharbha region is very good at the moment. 
 
MADHYA PRADESH:
Good quality bunny was quoted at Rs.33,600/- Spot per candy .The quality in this region is very good and prices are also reasonable. Good quality Dch-32 was quoted at Rs.46,500/-Spot candy.
 
ANDHRA PRADESH: 
On one side, most of the ginners have handed over their factories to CCI due to lack in parity in prices in the cotton market, while on the other side farmers too are more eager to sell their produce to CCI because of the MSP price attraction of Rs.3900/- per quintal which private Ginners are unable to give. CCI has not yet quoted in their price list quotations for the approximately 7 lakh bales procured in the State till now. 
 
In many parts of Guntur and Warangal and many other areas Ginners are on strike right now and therefore the ginning activities is at a stand still at the moment. Good buying was reported from spinning Mills from North as well as Tamilnadu and local Spinning mills are also buying apart from some exporters active in Adilabad and various other centres. Quality is not satisfactory at the moment as the grades are moderate due to lack of parity to the Ginners at existing price levels.
 
 


Must ReadView All

Courtesy: Kai Pilger from Pexels

Textiles | On 24th Apr 2018

Pakistan’s textile exports up 7.77% in July-March FY18

The value of textile and garment exports from Pakistan increased by...

Alliance to form joint entity for safety in factories

Apparel/Garments | On 24th Apr 2018

Alliance to form joint entity for safety in factories

On the 5th anniversary of the Rana Plaza Collapse, The Alliance for...

China’s Alibaba partners with Thailand for digital trade

Textiles | On 24th Apr 2018

China’s Alibaba partners with Thailand for digital trade

China’s Alibaba Group recently signed an agreement with the Thai...

Interviews View All

Headhonchos
Indian textile value chain

'One nation, one tax' is a great concept

Dharmendra Shah
Ozone PB Spintex Limited

‘We have made huge investments to ensure quality yarn production.’

Top executives
Textile industry

Defining MSMEs on the basis of turnover makes it simpler to do business

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Sugandha Bhardwaj

<div>New Delhi-based Brinjal Designs Pvt Ltd manufactures home furnishing...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

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...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Prathyusha Garimella
Prathyusha Garimella

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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

Leave your Comments


April 2018

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

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

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.9%
No
12.6%
Skip
17.5%

Total Votes: 103

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

Yes No

Active Poll

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

Yes
63.1%
No
29.1%
Skip
7.8%

Total Votes: 103

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

Yes No

Active Poll

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

Yes
87.4%
No
8.7%
Skip
3.9%

Total Votes: 103

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

Active Poll

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

Yes
82.5%
No
7.8%
Skip
9.7%

Total Votes: 103


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