Home / Knowledge / News / Textiles / New season cotton arrives in markets
New season cotton arrives in markets
03
Oct '08
The cotton sowing in India for the season 2008-09 is almost over in all the states barring Jayadhar variety in Karnataka and sowing of winter crop in Tamil Nadu state, which is in progress.

As per the information received from State Agriculture Departments of the cotton growing states, the area under cotton cultivation is likely to be around 93 lakh hectares, which is about 2% lower than the previous year.

The up to date standing crop position is reported to be very good in all the three zones and the recent rains in Maharashtra, Gujarat and Madhya Pradesh are reported to be beneficial for the crop.

Cotton in northern zone of India has started arrival. The cotton arrivals in Punjab & Haryana states have picked up further and the daily arrivals are in the range of 10,000 to 12,000 bales.

The quality of cotton is reported to be very good and the mills from Northern zone have started buying cotton for their immediate consumption. It is expected that by second week of October the daily arrivals in Northern zone would cross 20,000 bales and the All India arrivals may be around 40,000 bales.

In the Central zone, the cotton arrivals have started in certain markets of Maharashtra, Madhya Pradesh and parts of Gujarat state. The daily arrivals in Central zone, which is now in the range of about 5000 to 6000 bales, may pick up only after 15th of October, 2008.

The current lint prices are higher by around 29 to 39 per cent with corresponding period of last year except ELS varieties. However, in ELS variety of DCH-32 there was no price increase as compared to previous year.

Due to week sentiments both at global level as well as at domestic level, the cotton prices are under pressure and the same have reduced by Rs.500/- to Rs.800/- per candy both for new arrivals as well as old crop cotton.

It is expected that the prices would further go down from the current level as mills would prefer to adopt the policy of hand to mouth purchases. A clear picture regarding the crop size at the all India level and the likely price trend would emerge only by end of October, 2008.

Cotton Corporation of India


Must ReadView All

Indian govt approves special package for leather, footwear

Textiles | On 16th Dec 2017

Indian govt approves special package for leather, footwear

The Union Cabinet chaired by PM Narendra Modi has approved a special...

EU parliament resolution calls for Cambodia sanctions

Apparel/Garments | On 16th Dec 2017

EU parliament resolution calls for Cambodia sanctions

Following the ongoing crackdown in Cambodia on the opposition and...

Affordable prices to be hit if US pulls out of NAFTA: NRF

Apparel/Garments | On 16th Dec 2017

Affordable prices to be hit if US pulls out of NAFTA: NRF

US retailers’ ability to offer consumers quality products at...

Interviews View All

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Abhishek Samdaria
Reflete

GST will certainly reduce a lot of paperwork in future

Angelina Francesca Cheang
MY ANJE

'Consumers in the age-group 21 to 38 are driving the activewear trend'

Rikesh Mistry

Jupiter Comtex Pvt Ltd, established in 1973, started its textile machinery ...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Anupam Arya

<div>Jaipur-based Fabriclore Retailing Pvt. Ltd. is attempting to revive...

Johan Berlin
InvestKonsult Sweden AB

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

Kerem Durdag
Biovation II LLC

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

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Akta Adani
India Boulevard

India Boulevard is a San Francisco-based curated fashion marketplace that...

Judy Frater
Somaiya Kala Vidya

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

Amiben Shroff
Shrujan

From its modest beginning in the late 1960s, Shrujan has grown into a...

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 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
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

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
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

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
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

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
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


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