Home / Knowledge / News / Textiles / 8mn Indian cotton bales lie unsold
8mn Indian cotton bales lie unsold
Mar '14
As per trade reports approximately 2 crore 40 lakh bales have arrived in the market till now. As per trade reports approximately 80 lakhs bales of Cotton is lying as unsold stock with the Cotton Traders, Ginners, Exporters and CCI together. CCI has procured approximately 2.75 lakh bales till now in Andhra Pradesh, Gujarat and few other states. There is still cotton arriving in irrigated fields of Vidharba in Maharashtra and Khamam, Warangal in Andhra Pradesh.
The arrivals are quickly coming down in most of the cotton growing areas. The price for good quality Punjab J-34 r/g is Rs.4560/- per maund spot while in Haryana and Rajasthan it is Rs. 4450/-per maund spot.
The price for S-6 is quoted at Rs.42,000/-Spot per candy. The quality of S-6 cotton has started to deteriorate and variations have been observed in the present deliveries. Good quality Harij V-797 r/g is quoted at Rs.32,000/-Spot per candy.
Good quality Maharashtra 29 mm Bunny cotton is quoted at Rs.41,500/- per candy spot. Micronaire of the cotton has dropped to 3.5 in Maharashtra.
Seed cotton arrivals started slowing down and soon after the Maha Sivarathri hot season began. Cotton lint prices displayed an easy trend. Daily average arrivals are around 12000 bales. Ruling prices for Mech 1/H4 of average quality ranged Rs.41800 to 42400 per candy spot. Brisk buying trend slackened.
Good quality 29mm Bunny in Adilabad is quoted at Rs.42,000/-Spot per candy while 30mm Bunny from Nandyal is quoted at Rs.43,800/-Spot per candy and some parts of Khamam.
Good quality 30 mm Bunny stock lots are quoted at Rs.43,700/- spot per candy in North Karnataka in stations like Dharwad, Saundatti and Ranebennur. The 29 mm Bunny quality of Raichur area is quoted at Rs.42,500/-Spot per candy. 32MM plus lots are not on easy reach. DCH 32 equivalent ruled Rs.63000 to 64500 per candy spot. Seed cotton daily average arrivals are around 10000 bls.
Good quality MCU-5 from Konganapuram and areas surrounding Salem is sold at Rs.46,500/-Spot per candy and the quality is very good at the moment.
The power position too is good in Tamil Nadu and Mills are truly benefited by Yarn exports to China as domestic yarn markets are very sluggish at the moment and payment position too is poor in domestic yarn market. Seed cotton arrivals are continuing.

Must ReadView All

Textiles | On 22nd Jun 2017

Zund unveils cradle feeder roll-feed system for fabrics

Zund Systemtechnik AG, Switzerland’s textile machinery firm that...

Textiles | On 22nd Jun 2017

Hpfabrics opening production facility in Forsyth County

Hpfabrics, manufacturer of raw fabrics, is opening a new production...

Courtesy: Napapijri

Apparel/Garments | On 22nd Jun 2017

Napapijri's Superlight Parka is free of fur and down

Napapijri has introduced the new Superlight Parka, a new lightweight...

Interviews View All

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Sunil Kumar Sharma
Loknayak JPNSSSG Ltd

'The blend of cotton–linen yarn has high demand in the domestic and...

Ajay Ghariwala
Luthra Group

We are ready to adopt or follow every opportunity

Mark Paterson
Technical Absorbents Ltd

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Sonam & Paras Modi

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Karan Arora
Karan Arora

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

Rupa Sood and Sharan Apparao

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies


news category

Related Categories:
June 2017

June 2017

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


Browse Our Archives


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