The total cotton supply estimated by the CAI during the months of October 2019 to July 2020 is 392.40 lakh bales of 170 kg each which consists of the arrival of 345.40 lakh bales upto July 31, 2020, imports of 15 lakh bales upto July 31, 2020 and the opening stock estimated by the CAI at 32 lakh bales at the beginning of the season on October 1, 2019.
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When the organisers were obliged to cancel Kingpins denim show due to Covid-19 restrictions, they immediately began working on an online alternative, and such was the positive response that they were able to livestream seamlessly across the entire two days that the show had been scheduled to take place.
Giving a major boost to the farmers’ income, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the increase in the Minimum Support Prices (MSPs) for all kharif crops, including cotton, for 2019-20 season.
Giving a major boost to the farmers’ income, the Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi has approved the increase in the Minimum Support Prices (MSPs) for all kharif crops, including cotton, for 2019-20 season.
Cotton prices in the Indian market are expected to rise during the coming “off-season months†on reports of lower production forecast and lesser carryover stocks likely for the next season on better consumption and exports.
The Mumbai-based Maharashtra State Co-Operative Cotton Growers Marketing Federation said it is ready to procure up to 100 lakh quintals of cotton as against the 27 lakh quintals it had purchased last season. About 370 lakh quintals of cotton yield is expected
Another bumper crop of cotton is in offing and tremors are felt already on the price front. The Cotton Corporation of India (CCI) is getting ready for yet another year of minimum support price (MSP) operations.