Home / Knowledge / News / Textiles / Cotton sales by Andhra Pradesh farmers touch 2.41mn bales
Cotton sales by Andhra Pradesh farmers touch 2.41mn bales
12
Jan '13
Farmers in southern Indian state of Andhra Pradesh have so far sold around 2.41 million bales (1 bale = 170 kg) of cotton to the Cotton Corporation of India (CCI), National Agricultural Cooperative Marketing Federation of India Limited (Nafed) and private traders, Commissioner and Director of Agricultural Marketing, G Venkatram Reddy said.
 
During a press meet, Mr. Reddy said the state expected to reap around 8 million bales of cotton from total cultivated area of 2.26 million hectares this year.
 
CCI has established 95 procurement centres in different districts of the state, including 19 centres in Adilabad, 12 each in Warangal, Karimnagar and Nalgonda, 9 in Khammam, 10 in Guntur, 5 in Medak and Krishna, 3 in Rangareddy, 4 in Prakasam, 2 in Kurnool and 1 each in Mahabubnagar and Nizamabad districts.
 
Having purchased around 1.42 million bales so far, CCI would be procuring a major part of the state’s produce at minimum support price. The price that CCI paid for procuring cotton so far this season varied in the range of Rs. 3,744 to Rs. 3,900 per quintal.
 
Nafed’s procurement through its 14 centres so far amounts to 150,000 bales.
 
Meanwhile, private traders bought around 837,000 bales of cotton for prices varying between Rs. 3,350 to Rs. 3,900 per quintal.
 
According to Mr. Reddy, reduced demand from China has resulted in a fall in Indian cotton prices this year. India’s overall cotton exports are likely to plummet to less than 7 million bales this year from last year’s high of more than 12 million bales, he added.
 

Fibre2fashion News Desk - India


Must ReadView All

Courtesy: Nine West

Fashion | On 17th Jun 2018

ABG wins bid in Nine West Holdings auction

Authentic Brands Group (ABG), owner of a global portfolio of...

Courtesy: Kreussler

Textiles | On 17th Jun 2018

USDA certifies Kreussler's solvent as biobased

The US Department of Agriculture (USDA) has certified Kreussler's...

Courtesy: ITUC

Textiles | On 17th Jun 2018

Democratic space shrink & corporate greed are rising: ITUC

Shrinking democratic space for working people and unchecked corporate ...

Interviews View All

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Sugandha Bhardwaj

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

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Silke Brand-Kirsch
Schlegel und Partner

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

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Samar Firdos
Arvind Ltd

<b>Samar Firdos</b>, Chief Manager (Design) at Lifestyle Apparel Denim...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

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


June 2018

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

news category


Related Categories:

Advanced Search