Home / Knowledge / News / Textiles / Indian seed cotton arrivals slip further
Indian seed cotton arrivals slip further
10
May '13
The all India kappas (seed cotton) arrivals have slipped down to approximately 50,000 bales per day. The demand for Yarn is very poor at the moment and yarn payments in the domestic market have been affected badly.

Yarn Export demands too are dropping drastically. Cotton prices are coming down in reflection to this situation.CCI has announced its price list and has also placed 25000 bales for E-auction but only 1000 bales have been bidded for by the mills.

Nearly 20,000 bales have been tendered with CCI by Guntur based mills and a few mills from other parts of India as per CCI price list

PUNJAB, HARYANA AND RAJASTHAN:

Daily kappas arrivals are approximately 2500 bales and there is good demand from local mills in this region. There were a few showers in some parts. Prices quoted for J-34 r/g in Punjab is Rs.4115/- per maund spot while in Haryana and in Rajasthan J-34 r/g is quoted at Rs.4015/- per maund spot. Bengal Desi s/g was priced at Rs.3700/- per maund spot.

GUJARAT:

There was a good spell of 4 inches rain which spelt disaster to the standing crops of Red chilly and Jeera in Saurashtra region. This has been followed by severely hot climate at the moment in Gujarat. Daily kappas arrivals are around 20,000 bales in this region and prices quoted for good S-6 cotton is Rs.38,000/- Spot per candy while low quality of 26mm is quoted at Rs.36,500/-Spot per candy.V-797 r/g of good quality is priced at Rs.27,000/-Spot per candy.

For the past two weeks, the prices of both S.6 and V.797, moved in a wider range, with slackness in demand witnessed due to depressed Yarn market and subdued Export demand. Occasional spurt in rates witnessed in S.6, due to hand to mouth covering from Domestic mills. Price behavior range - V.797 - Rs. 27,000 to Rs. 28,500 (Spot rates per Candy) S.6 (29mm) - Rs.37, 800 to Rs.38, 500 spot per candy.

During middle of the Fortnight, Exporters were reselling S.6 at Rs.37, 500 per candy spot. On 17.4.13, CAB meeting projected a Crop Estimation of 87 Lakh bales. Most of the Ginners in Sourashtra are holding stocks due to disparity, expecting prices to improve during the onset of SouthWest Monsoon.

MAHARASHTRA:

Weather has been quite clear and market remained vibrant with good buying from mills from this region. Good quality 29mm bunny was sold at Rs.37,500/- Spot per candy while low micronaire cotton was sold at Rs.34,500/-Spot per candy.

MADHYA PRADESH:

Kappas arrivals have dropped down drastically here and good quality 29mm Bunny was quoted at Rs.37500/-Spot per candy while low micronaire cotton was Rs.36,800/-Spot per candy and Dch-32 was quoted at Rs.47500/-Spot per candy for average quality and Rs.49,500/-Spot per candy was quoted for good quality.

In M.P daily arrivals were reported from 5,000 to 6,000 bales, predominantly MECH.1 cotton. Spot rates were ruling from Rs.38,800 to Rs.39,000 per Candy for 30mm MECH.1 with 3.7+ Mic and to 7,000 bales of cream about 6000 lying unsold with Ginners in MP In M.P, during the fortnight market was ruling stagnant with slow activity and selective buying from Domestic Mills, due to quality variation observed quality DCH.32, is still from Rs.49,000 to 49,500 per candy for 34mm + DCH.32 quality. As per ginners report in MECH.1, especially Micronaire.


Must ReadView All

Apparel/Garments | On 21st Sep 2017

UK fashion exports £10.7 bn in 2016; highest till now

Exports of British fashion goods rose to £10.7 billion in 2016, the...

Apparel/Garments | On 21st Sep 2017

BFC announces partnership with Chinese firm JD.com

The British Fashion Council (BFC) has forged a new partnership...

Textiles | On 21st Sep 2017

Indonesia’s textile exports may reach $15 billion by 2019

Indonesia’s textile-related exports are projected to reach $15...

Interviews View All

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Binoy Ravjani
Hero's Fashion

‘One of the recent trends in hand block printing is the indigo process,...

Mark Paterson
Technical Absorbents Ltd

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

Ashok Desai
Bombay Textile Research Association

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

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Tony Ward
Tony Ward

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

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Karan Arora
Karan Arora

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

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

September 2017

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
74.5%
No
12.8%
Skip
12.8%

Total Votes: 47

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
61.7%
No
25.5%
Skip
12.8%

Total Votes: 47

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
87.2%
No
6.4%
Skip
6.4%

Total Votes: 47

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
70.2%
No
10.6%
Skip
19.1%

Total Votes: 47


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