Analysis Of Cotton Price Rising In India
Due to the improvement of domestic textile and yarn factories and the lack of new quantities of goods in the spot market, this week, India Cotton price Expected rise.
India most Big cotton Khaitan, a cotton trader in Gujarat State, said that the cotton picking season is coming to an end and the arrival of new cotton has almost ceased. Demand for domestic textile mills is also improving.
A dream in cotton
He said prices could increase by 1000 rupees / candy (356 kg) in the next 15 days.
Cotton map of India
India cotton The season is from October to September.
Most farmers in India grew cotton from May to June, beginning with the four month rainy season. Picking time began in October and lasted until April. Some farmers picked second and third rounds.
In 2012/13 (starting in October), cotton planting area in India may be reduced by 10% because of the decline in 2011, which led farmers to replant other crops.
According to data from the India Cotton Association, most of the Carle - 6 varieties traded on Monday increased by 200 rupees to 33000 rupees / 356 kg each.
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