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

Md Siddiqur Rahman, president, BGMEA, addressing a press conference with other dignitaries. Courtesy: BGMEA

Apparel/Garments | On 29th May 2017

BGMEA asks govt for 5% incentive for 2 years in Budget

The Bangladesh Garment Manufacturers and Exporters Association...

Textiles | On 29th May 2017

Special package creates 7,50,000 jobs in garment sector

The special garment package of Rs 6,000 crore that was introduced by...

Textiles | On 29th May 2017

Tintex, Bruckner bring new effects to knitted fabric

The textile company Tintex has joined hands with the system supplier...

Interviews View All

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Steve Cole
Xerium Technologies

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

Kevin Nelson
TissueGen

Kevin Nelson, Chief Scientific Officer, TissueGen discusses the growing...

Mark Paterson
Technical Absorbents Ltd

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

Prathyusha Garimella
Prathyusha Garimella

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

Madhu Jain
Madhu Jain

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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