Cotton Exports

Urgent measures are imperative to rejuvenate the cotton revolution through inducting new genetically engineered seeds and modern technology

The Cotton Association of India (CAI) on Saturday estimated cotton exports to rise about 27 per cent to 28 lakh bales during 2023-24 crop year ending September. In 2022-23 crop season (October-September), cotton exports were at 22 lakh bales, CAI said. One bale is equal to 170 kilogram. "The demand for Indian cotton went up as the prices ruled 8-10 per cent lower than the international prices during December 2023 till March 2024. Our cotton is mainly exported to countries like Bangladesh, China and Vietnam," CAI President Atul Ganatra told PTI. Meanwhile, CAI pegged the cotton production for 2023-24 at 309.70 lakh bales, same as estimated in the previous month. The production is however expected to be lower than the previous season's 318.90 lakh bales. The total cotton supply till end of April 2024 is estimated at 315.86 lakh bales, which consists of pressing at 281.96 lakh bales, import of 5 lakh bales and the opening stock of 28.90 lakh bales. The estimated cotton consumption ti

Cotton exports are estimated to decline 64 per cent in 2022-23 marketing year ended September due to higher prices of the commodity in the domestic market, Cotton Association of India (CAI) said on Monday. The cotton marketing year begins from October. Cotton export during 2021-22 marketing year was 43 lakh bales which fell to 15.50 lakh bales in 2022-23, according to CAI data. "The plunge in exports to 15.50 lakh bales in 2022-23, is mainly due to higher cotton prices in India, which was much higher than the global prices, during October till March. The high prices have impacted cotton exports from India," CAI President Atul Ganatra told PTI. Cotton imports are also expected to decline in 2022-23 by 2.50 lakh bales to 12.50 lakh bales following higher import duty, Ganatra added. Meanwhile, CAI has estimated cotton pressing numbers for 2022-23 season at 318.90 lakh bales as against its forecast of 311.18 lakh bales in the previous month. In 2021-22, the total cotton pressing stood

With cotton prices at home on the higher end versus global markets, analysts believe that the disparity is affecting India's global competitiveness in the near-term

Union Commerce and Industry Minister Piyush Goyal on Sunday called for the contribution of the private sector in promoting research in productivity and branding of the product

Move follows ban on wheat export to rein in inflation

This comes amid speculation that the government may ban export of both commodities as a temporary measure to calm down the prices

Here is a look at the major issues surrounding them despite import without duty

Is the organic cotton exported out of India truly organic? That's a question hanging over the certification of organic cotton

HINDUPUR, India (Reuters) - India is hoping its labour-intensive textiles and apparel (T&A) companies will help it address a jobs crisis, and has promised to pump about $2 billion into the industry over the next few years to generate more than 1 million jobs.

Cotton, sugar, organic chemicals, pharmaceuticals, iron and steel, and plastic are top exported items to Pakistan

Pakistani buyers have already started making inquiries about buying Indian sugar and cotton, which is being offered at lower prices than supplies from other countries, five dealers said

Exporters not to worried for now, say concerns may kick in only if virus spread isn't controlled; leather sector stand to gain.

Kotak Commodity Services will look for new buyers of cotton in countries such as Bangladesh, Indonesia, Taiwan and Vietnam to make up for any possible shortfall in sales to China

India saw its highest monsoon rainfall in 25 years during the June-September season and rains even continued in October and November.

The benchmark Shankar 6 variety of cotton jumped more than 10% to trade at Rs 12,907 a quintal on Friday

This will result in relatively large exports in the lean season

Sharp rise in cotton prices in India has increased raw material cost of mills, exporters making export unviable and uncompetitive. In last two months cotton prices in India have increased by 11 per cent. International cotton prices are also up by 17 per cent but 2.7 per cent appreciation in indian rupee has nullified all the gains in global cotton prices. While cotton yarn and cotton fabric exports have seen a dismal growth of 0.38 per cent year-on-year in exports in dollar terms for the month of December 2017 as against December 2016, that for man-made yarn and fabrics grew by 6.77 per cent. As per the central government's quick estimates of exports for some of the major commodities for December 2017, cotton Yarn, cotton fabrics, cotton made-ups and handloom products, among others grew by 0.38 per cent to stand at $938.57 million in the said month, as compared to $935.05 million in December 2016.On the other hand, man-made yarn, man-made fabrics and made-ups, among others saw a ...

Auction in China quotes 25% higher price of cotton, textiles mills to shift to yarn import

Chinese government was expected to start sales from its cotton reserves on March 6