Home / Knowledge / News / Textiles / 13.3 mn cotton bales arrive in Indian market by Dec 31
13.3 mn cotton bales arrive in Indian market by Dec 31
02
Jan '14
An estimated 13.235 million bales of cotton have arrived in the Indian market by December 31, 2013, compared to arrival of 10.375 million bales during the corresponding period of last season, well-known cotton trader Mr. Arun Dalal told fibre2fashion.
 
The increase in cotton arrival was mainly due to a rise in cotton arrival from Gujarat, Maharashtra and Madhya Pradesh, which together contributed 8.275 million bales to the total arrival, as on December 31. 
 
This season, cotton has been sown on 11.392 million hectares of land compared to last season’s 11.491 million hectares. However, cotton production is likely to go up to 37.4 million bales in 2013-14 season, as against last season’s production of 34.5 million bales, according to Mr. Dalal.
 
India’s cotton exports are likely to decrease to about 8.5 million bales during the ongoing season, compared to last season’s exports of 10 million bales. Already there is export registration for 4.5 million bales, and about 3.3 million bales of cotton have already been shipped.
 
The decrease in cotton exports is due to increase in exports of yarn, which increased by 40 percent year-on-year in 2012-13.
 
Cotton consumption by domestic textile mills is expected to go up by about 2 million bales mainly due to increase in yarn exports.
 
Compared to average requirement of 80,000 bales per day, the average cotton arrival at present is in the range of 200,000 to 220,000 bales per day, Mr. Dalal said.
 
The carry forward stock of cotton is likely to increase by 1 million bales compared to last season, however, it would much depend on global export policy, he added.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 5th Dec 2016

Uster mill makes Indian yarn firm top supplier to China

Kikani Exports, one of India’s leading yarn suppliers, with 12 years...

Courtesy: Myntra

Apparel/Garments | On 3rd Dec 2016

Myntra to be EBITA positive by FY18: CEO Narayanan

Myntra is on track to achieve sustainable growth and be EBITA...

Courtesy: India ITME Society

Textiles | On 3rd Dec 2016

India ITME 2016 opens with over 1050 exhibitors

The India International Textile Machinery Exhibition (India ITME)...

Interviews View All

Kamlesh Vaghela
RK Textiles

Very few machinery manufacturers have R&D units

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Binoy Ravjani
Hero's Fashion

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

Mohammad Hassan
Biax Fiberfilm

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

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Robert Brunner
Devereux

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
December 2016

December 2016

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search