The price of ELS organic cotton increased by 2.29 per cent to ₹338.96 per kg in this month from the average price of ₹331.37 of March-May 2022, according to Fibre2Fashion’s market insight tool TexPro. The average price was ₹330.19 in December 2021-February 2022, ₹297.07 in September-November 2021 and ₹252.87 per kg in June-August 2021 when the prices increased 22.52 per cent from average price during the preceding three months.
Long staple organic cotton recorded average price at ₹330.57 per kg in this month which was 6.42 per cent higher than average prices of ₹310.63 in March-May 2022. The prices had registered steep rise from September 2021 to May 2022. March-May 2022 recovered 24.58 per cent from average price during the previous three months. The average price of long staple organic cotton was ₹249.34 per kg in December 2021-February 2022 with increase of 35.80 per cent from ₹183.61 in September-November 2021 when it surged 15.84 per cent from previous three months. The price was ₹158.50 per kg in June-August 2021, as per TexPro.
In 2020-21 season, India’s organic cotton production stood at 8.10 lakh MT.
Fibre2Fashion News Desk (KUL)