Home / Knowledge / News / Textiles / Indian cotton arrivals drop in first fortnight of Jan
Indian cotton arrivals drop in first fortnight of Jan
25
Jan '14
The all India Cotton arrivals dropped to approximately 1.6 lakh bales as farmers were focused on harvesting of rice and also on advice from Agriculture departments in some states like Karnataka recommending them to hold cotton kappas for a month and sell their chilly harvest at the moment.

This has had some influence on them to withhold their stocks of kappas with a hope to get better prices for their produce.

As per trade sources approximately 1.6 crore bales have arrived in the Indian market till 15th January. Market is expecting that an increased inflow could stabilise cotton lint prices. On a look at the state wise cotton arrivals the inflow was regular and prices of seed cotton was above MSP and reasonable.

North Zone [Punjab /Haryana/Rajasthan]

Arrivals are slowly decreasing in this region. Good quality Punjab J-34 r/g is quoted at Rs.4,630 per maund while in Haryana J-34 r/g is quoted at Rs.4,540 per maund.

Rajasthan J-34 r/g is quoted at Rs.4,560 per maund. Sirsa, Abhohar and Hanumangarh reported reasonable quantity of arrivals compared to last season. Price factor also favourd arrivals of kappas at Mandies.

Nearby Mills are planning bulk buying. South Mills find it costlier due to prohibitive transportation costs. Weather is conducive for harvesting. Second picking is also on in some areas, while sprouting is also seen in certain areas.

Gujarat:

In the past fortnight, cotton scenario in Gujarat was, mostly influenced by the tempo of arrivals on day to day basis, with prices of S-6 moving up, gradually from the band of Rs.40,500 to Rs.40,700 /cdy spot to Rs.43,000 / cdy spot as reported by various ginners from Rajkot Area. The main reason for the spurt in rates is reduced arrivals, due to farmers holding capacity, coupled with exporter’s enquiry.

As per the ginners, based on kappas rate of Rs.1,100 / Md (Rs.5,500 per Qtl), the cost of lint works out to Rs.45,000/cdy spot, against market rate of Rs.43,000 /cdy spot.

Different opinions are, expressed by various quarters of the industry, predicting prices will remain firm only, even after the festival holidays, and also prices may fall to a certain extent, when the arrival pressure builds up, which is to be watched. Daily kappas arrivals are between 50,000 to 65,000 bales. Approximately 60 lakh bales have been pressed in Gujarat till now.

Good quality V797 is quoted at Rs. 31,200/- spot per candy. Demand for export to Pakistan & Bangladesh is popular as per reports.

Must ReadView All

President Donald Trump; Courtesy: White House

Textiles | On 23rd Jan 2017

US textile industry eager to work with President Trump

The US textile industry is eager to work with President Donald Trump...

Textiles | On 23rd Jan 2017

LyondellBasel expands Texas plant ethylene capacity

US based producer of petrochemicals and speciality chemicals...

Textiles | On 23rd Jan 2017

China’s cotton imports down 39% in 2016

China’s total cotton imports declined by 39.1 per cent to ...tons in...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

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

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

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...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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
January 2017

January 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