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    Cotton Supply Decreases And Cotton Prices Rise In India

    2012/8/28 17:26:00 30

    IndiaCottonPrice And Price Rise

     

    Owing to the decrease in supply,

    India

    Domestic cotton prices rose by 200-250 rupees / candy.

    According to market participants, textile mills demand normal, but the ginning plants are not active because they have no stock to process.



    According to a cotton broker living in rajold, farmers have stock in hand, and they want to raise prices.

    On the other hand, rain foot has great influence on cotton in Saurashtra Tel area, which may make

    Rise in price

    At a high level.


    In Gujarat, the trading price of -6 cotton is 38000-38500 rupee / candy, and the price of S-6 B- grade cotton is 37700-38000 rupees / candy.

    The price of the new V797 is 30500-31000 rupees / candy.

    In Maharashtra, a class of low micron value cotton is quoted at 37700-38000 rupees / candy, and a class of high molecular weight cotton + 29 + MM is quoted at 38200-38500 rupees / candy.

    The number of goods arrived in Gujarat is about 3000-3500 bales, and the quantity of goods arrived in India is 7000 bags.


    Cotton trade in northern India

    Price

    Higher, normal demand, but limited sales.

    Local textile mills are actively feeding the cotton that is needed in the near future.

    Khaitan, Bong Gujarat Bong, a cotton grower in India's largest cotton growing plant, 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.

    Punjab J-34 RG quoted 3890-3940 rupees / KT, 3850-3870 rupees in the state of Jali, and the best quality of the San Kar 6 varieties fell 300 rupees to 39000-39200 rupees / candy, while the lower and intermediate cotton sold 33000-37500 rupees / candy.

    Rajasthan is at 3860-3870 rupees / weight.


    The Cotton Advisory Committee said Gujarat State is the largest cotton producing state in India, and this year's monsoon rains are insufficient, and India textile mills and exporters are in the right place.

    cotton

    The demand is limited, but the number of cotton arriving is increasing.

    Trade figures say that cotton prices will drop after the Lantern Festival is expected.

    It resulted in a reduction of only 2 million 200 thousand hectares in the area, compared with 2 million 960 thousand hectares in 2011-12 years.

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