Home / Knowledge / News / Textiles / 'Cotton prices likely to rise in Indian market'
'Cotton prices likely to rise in Indian market'
07
Apr '14
The prices of cotton in Indian market are likely to rise in the coming months, predicts the latest weekly analysis of cotton market released by S. Ajay Kumar & Company.
 
According to the report, the arrival of cotton in the Indian market would gradually decrease in the coming days and would come closer to daily consumption by later part of April 2014.
 
At present, cotton balance sheet is tight as export has been good and there has been high consumption in domestic market. As ginneries close from May onwards, a situation of artificial shortage would be created, the report says.
 
Throughout off-season, cotton from West Africa will compete with Indian cotton, and Indian consumers might also prefer to buy West African cotton if price turns favourable.
 
Moreover, it says currently it is the right time for Indian consumers to build cotton inventory, as except for Gujarat, huge quantity of arrival is not expected from other parts of the country.
 
In the coming months, Chinese firms are also expected to buy Indian cotton after getting import quota.
 
Hence, overall, the prices of Indian cotton are likely to increase in the coming months, the report concludes.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 10th Dec 2016

India’s 2016-17 cotton import to touch 17 lakh bales

The import of cotton from international markets by spinning mills in...

Textiles | On 10th Dec 2016

US textile & apparel imports fall 6.50% in Jan-Oct ’16

The import of textiles and apparel by United States dropped 6.50 per...

Unipar Carbocloro plant in the city of Cubatão, São Paulo state. Courtesy: Wikipedia

Textiles | On 10th Dec 2016

Brazil’s CADE clears Solvay’s 70.59% stake sale in Indupa

Brazil’s administrative council for economic defence (CADE) has...

Interviews View All

Shawn Honeycutt
Bolger & O'Hearn

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

Siddharth Biyani
Mangalam Industries Pvt Ltd

‘The manufacturing sector is improving day-by-day, becoming better in...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Lynda Kelly
Suominen Corporation

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

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Kerem Durdag
Biovation II LLC

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

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

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