Home / Knowledge / News / Textiles / Indian current season cotton acreage up from last year
Indian current season cotton acreage up from last year
02
Aug '13
There has been a fantastic spell of rains and some pockets in the country have had excess rainfall. As some parts of the country like Andhra Pradesh have received rainfall one month in advance it will quicken the process of more kappas arrivals in October end itself.

The area of cotton sowing has increased in a few states like Madhya Pradesh, Karnataka, Andhra Pradesh (where sowing is still in progress in some parts) and Tamil Nadu. Approximately 94 lakhs of bales have been shipped out of the Country in the current season till now as per unconfirmed reports as there is no data available in the DGFT website to confirm.

The fall in the rupee value to the dollar has made import of Cotton unviable and helpful for export of Yarn to the Textile Mills. As per DOCD the cotton sown so far touched 105.06 lakh hectares for 2013 against 97.24 lakh hectares in 2012.

PUNJAB, HARYANA AND RAJASTHAN

Arrivals here are very meagre at 400 bales per day. Good quality Punjab J-34 r/g was quoted at Rs.4575/- spot per maund while in Haryana J-34 r/g was quoted at Rs. 4500/- per maund spot and in Rajasthan J-34 r/ g was quoted at Rs.4460/- per maund spot and Bengal Desi s/g was priced at Rs.4100/- per maund spot.

Ginners are eager to sell their cotton stocks due to the prevailing weakness in all commodities. Recent report indicated moisture stress all over as the irrigation canals are dry in many tracts. Flowering condition are reported by Farmers group. Acreage is a bit more than last season.

GUJARAT

There has been very good rainfall in areas surrounding Surendra Nagar and many parts of Gujarat. Good quality S-6 was quoted at Rs.42,500/-Spot per candy while good quality V-797 r/g was priced at Rs.29,000/ -Spot per candy. Ginners are eager to sell their stocks at the moment. Cotton area sown is reported to be 25-30% more than last season same time.

Daily arrivals dropped to 1,000 to 1,500 bales and kappas rate of S.6, was ruling around Rs.1,070 to Rs.1,100 per maund spot during beginning of this fortnight. Prices are under constant pressure due to expectations of good monsoon rains. Prices S.6 was ruling in the following range. S.6 - Rs.42,700 to Rs. 42,200 (as on 30.7.13) / candy spot for 29mm and 3.8 Mic cotton. V-797, rates were ruling steady at around Rs.29,000 to Rs.29,200 per candy spot for 22 mm quality.

Bargains reported hand to mouth, from local traders and South based mills, during preparation of this report.

MAHARASHTRA

Good rainfall is reported in Vidharba and Khandesh and many parts of Maharashtra has been favourable to the standing Cotton crop. Kappas arrivals is almost nil at the moment. Good quality Mech-1 was sold at Rs.43,300/-Spot per candy. While low micronaire cotton was sold at Rs.40,000/-Spot per candy. Here the so far acreage almost nearing to last year.

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Poojaa Kumar Deepak
Zeven

Zeven's performance sports apparel is designed for the Indian body type,...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Kevin Nelson
TissueGen

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

Silke Brand-Kirsch
Schlegel und Partner

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

Silvia Venturini Fendi
Fendi s.r.l

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

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

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
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