Cotton price to rise 8-10%?
The Cotton Advisory Board (CAB) has revised its cotton output estimate to 370 lakh bales (1bale= 170 kg) from the previous estimate of 377 lakh bales for cotton season 2018 beginning October 1, 2017.
The Cotton Advisory Board (CAB) has revised its cotton output estimate to 370 lakh bales (1bale= 170 kg) from the previous estimate of 377 lakh bales for cotton season 2018 beginning October 1, 2017. This downward revision in production is largely attributed to the pink boil-worm Infestation on cotton crops in many states including Maharashtra, Andhra Pradesh and Telangana. The current year’s output estimate is however, still higher by about 6 per cent yoy compared with the output in CS 2017 which stood at 350 lakh bales.
Also, the Cotton Association of India {CA I) has estimated the cotton crop for CS 2018 at 365 lakh bales in their June 2018 estimate. While the domestic consumption has been estimated at about 324 lakh bales, the exports have been estimated at about 70 lakh bales for the current cotton season.
Cotton prices have remained high this season on back of higher prices of substitute man-made fibres due to high crude oil prices. Additionally, the impact of this revision has further supported the prices in the domestic market. Cotton prices increased by about 14 per cent and 20 per cent for two widely used varieties i.e. J-34 and Shankar-6 between October 2017 and June 2018.
Cotton futures for October 2018 on MCX have increased from Rs 20,450 as on May 1, 2018 to Rs 24,110 {+17.9 per cent) as on June 12, 2018. It has marginally declined to Rs 22,720 (•5.8 per cent) as on June 19, 2018. However, the markets have not reacted yet to the cut in cotton production estimate.
Cotton yarn prices
In line with the cotton prices, the cotton yarn prices have also witnessed an increase during the period on back of increased demand from international markets mainly China as a consequence to the trade war with the US along with rupee depreciation. China has imposed a 25 per cent duty on import of cotton from the US and is meeting its demand by increasing imports from India.
Going forward, cotton price is expected to increase with this marginal cut in the production estimate. Also, currently, with crude oil prices on the higher side and uncertainty revolving around future prices, price of manÂmade fibres has been witnessing an increase, therefore giving room to cotton producers to increase prices. Also, the demand for raw cotton as well as cotton yarn in the international markets, mainly China and Bangladesh, has been on an upward trend and is expected to continue to increase going forward. Cotton price is expected to further increase in the range of 8-10 per cent for the ongoing cotton season led by strong demand from both domestic as well as international markets.
claritin allergy sinus 12hr costco best allergy medicine for rash allergy pills on sale
can anyone buy sleeping pills phenergan online order
heartburn caused by medication buy glimepiride 4mg online cheap
accutane 20mg pills buy accutane accutane drug
amoxil cost amoxil 250mg oral buy generic amoxicillin 500mg
best sleeping pills at walgreens brand modafinil
purchase azithromycin for sale buy azithromycin 250mg without prescription purchase azithromycin generic
generic azithromycin 250mg azithromycin 250mg over the counter order azipro 500mg sale
cheap amoxicillin generic amoxicillin 500mg oral order amoxicillin 1000mg
monodox for sale oral vibra-tabs
buy albuterol online how to buy ventolin purchase ventolin generic
purchase levothyroxine for sale cheap levothroid sale levothroid order online
clomid 50mg sale order clomid online purchase clomid online cheap
prednisone 40mg usa prednisone buy online cost prednisone 40mg
rybelsus 14 mg us buy semaglutide 14 mg generic buy semaglutide 14mg generic
purchase isotretinoin pill isotretinoin 40mg pills isotretinoin 10mg brand
buy rybelsus cheap buy rybelsus online how to buy semaglutide
amoxicillin 250mg ca order generic amoxil 1000mg order amoxicillin 500mg pill
buy augmentin 625mg online cheap buy amoxiclav without prescription buy augmentin without a prescription
synthroid 75mcg brand buy cheap generic levothyroxine order generic synthroid 75mcg
order omnacortil sale order omnacortil 40mg generic order prednisolone 10mg
buy cheap generic gabapentin neurontin 600mg sale cost neurontin 100mg
buy furosemide 40mg generic lasix buy online buy generic furosemide
sildenafil 100mg pills for men sildenafil 100mg tablets viagra 50mg tablet
buy rybelsus generic buy rybelsus no prescription buy semaglutide 14mg online
casino slot free best casino slots online free spins no deposit us
buy vardenafil online cheap buy generic levitra online levitra cost
oral aristocort 10mg triamcinolone pill order aristocort 4mg online cheap
desloratadine 5mg usa how to buy clarinex buy desloratadine 5mg pills
generic dapoxetine 30mg buy dapoxetine 60mg sale how to get misoprostol without a prescription
glycomet 1000mg ca buy glucophage without a prescription buy glucophage 500mg generic
buy orlistat sale order diltiazem sale order diltiazem generic
acyclovir 800mg cheap purchase zyloprim pills cost zyloprim
buy amlodipine 5mg online norvasc 5mg without prescription norvasc brand
order rosuvastatin 20mg sale order rosuvastatin 10mg generic order ezetimibe online cheap
motilium 10mg drug order sumycin 500mg sale order sumycin 500mg generic
order generic cyclobenzaprine 15mg baclofen 10mg price order ozobax for sale
buy lopressor 100mg without prescription metoprolol 50mg cost lopressor 50mg ca
buy an essay cheap where can i buy an essay help with thesis
methotrexate buy online order generic methotrexate 10mg coumadin 5mg cheap
flomax 0.2mg uk order celecoxib 100mg generic celebrex buy online
where to buy ondansetron without a prescription spironolactone 25mg price spironolactone online buy
avodart 0.5mg price order ranitidine 150mg for sale cost zantac
buy acillin sale penicillin buy online amoxicillin price
ciprofloxacin for sale online – buy ciprofloxacin 500mg erythromycin where to buy
lasix 40mg tablet – purchase capoten online capoten canada
metformin medication – septra pills lincocin 500mg usa
clozaril price – amaryl 4mg sale order pepcid 20mg online
buy retrovir generic – buy roxithromycin 150mg pill zyloprim price
purchase clomipramine without prescription – clomipramine 25mg pills doxepin 75mg for sale
quetiapine without prescription – luvox for sale eskalith over the counter
augmentin pill – order ciprofloxacin 500mg pill where to buy ciprofloxacin without a prescription
cleocin online – buy vantin 100mg generic chloromycetin generic
buy asthma pills onlin – order albuterol pills buy cheap generic theophylline