Home / Knowledge / News / Textiles / Cotton prices remain stable for fortnight ended Jan 31
Cotton prices remain stable for fortnight ended Jan 31
03
Mar '14
Cotton arrivals were brisk all over Cotton Mandies during fortnight ending January 31. Quality has been not to the required level in terms of fineness and uniformity etc since there was mixing up of 1st and 2nd pickings. 
 
Cotton prices displayed a steady to firm trend as the Mills buying is supportive. On export front, demand initiatives are visible in Gujarat and Andhra Pradesh and Maharashtra. The daily average seed cotton arrivals were around 2 lakh bales. 
 
The stocking of cotton by stake holders including Farmers are being the discussion of the cotton market watchers. CCI reports the arrival of 151.41 lakh bales in the current season upto 26.1.2014 compared to 182.23 lakh bales same time last season. Trade estimates were reported to be of more by 20% more in arrivals. The price trend may continue with steady trend during next fortnight.
 
NORTH ZONE [PUNJAB /HARYANA/RAJASTHAN]
The daily average arrivals were around 15000 bls during the reporting fortnight. Cotton lint prices remained steady at last fortnight level with no major variations. Weather was hot during the day with snow falls during night. Farmers were slowly moving their stock to mandies like Sirsa, Hanumangarh, Abohar, Nibha etc.
 
GUJARAT
As reported in our previous fortnight report, arrivals during beginning of the fortnight was less due to severe cold wave conditions prevailing, coupled with farmers reluctance to sell kappas, anticipating better rates. Prices were ruling firm due to the reasons cited, plus exporters demand also, fueled the price rise. S.6 prices were ruling throughout the fortnight at around Rs.42,800 to Rs.43,000, for 29 mm Staple length. 
 
Kappas rates were, ruling at around Rs.1,100 per maund spot. During end of January, arrivals picked up to 60,000 bales, out of all India arrivals of about 1,94,000 bales.
 
Varying opinions were expressed by trade as well as Mill circles, saying that in the near future cotton prices should remain subdued due to expected, increase in arrivals, but at the same time Market may be ruling firm due to good demand from local mills, and export bookings anticipated. Seed cotton arrivals are around 50000 bls a day. Mandies like Mansa, Manavadar, Kadi, Patan, Rajkot etc. received seed cotton. Ruling prices range Rs.42000 to Rs.43000 per candy spot. 
 
During the reporting fortnight Export enquiries were reported and domestic demand also persisted. Weather was hot with lower temperature during night time.


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

Mandeep Nagi
Shades of India

Women value something that is unique and has a flavour of India

Kaizad Hansotia
GetNatty

Competition is the best thing that can happen to a startup

Top executives
Textile industry, India

Such fairs are a must for industry to showcase new innovations

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Lynda Kelly
Suominen Corporation

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

Mohammad Hassan
Biax Fiberfilm

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

Sanjukta Dutta
Sanjukta's Studio

<b>Sanjukta Dutta</b> creates unique garments by clubbing prints of...

Aditi Somani
Aditi Somani

Aditi Somani specialises in luxury fusion wear with international cuts and ...

Mike Hoffman
Gildan Activewear SRL

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

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