At the root of the problem is high cotton pricesInternational cotton price has plunged 28.3% in the past one year
2 min read28 Aug 2019Lack of easy access to working capital and letter of credit facilities, inventory costs are making it tough to import cottonDomestic prices, which normally follow suit, have so far fallen only by 5% from the October level
2 min read18 Jul 2019Prices firmed up in the last few months on the expected drop in domestic outputAt present, imported cotton price is nearly ₹3,000-4,000 cheaper
1 min read21 Jun 2019India could produce 32.5 million bales in the 2018/19 marketing year that began on 1 Oct - the lowest since 2009/10 - as farmers in Gujarat and Maharashtra are reporting poor yields
2 min read6 Dec 2018News reports that cotton production will hit a three-year low in October 2018-September 2019 season have set alarm bells ringing on the Street
1 min read6 Dec 2018If spinning mills are able to pass on the higher cotton prices to users, it may alleviate the burden of rising input costs
2 min read26 Sep 2018ICICI Securities estimates domestic apparel companies such as Arvind Ltd, Page Industries Ltd, and Rupa and Co. Ltd to register double-digit revenue growth in the June quarter over a year ago
2 min read11 Jul 2018India will benefit as China plans to issue additional import quotas because adverse weather damaged domestic crop
1 min read20 Jun 2018Expectations of higher minimum support price and increased demand from China are expected to impact cotton prices, already under pressure from reduced production
1 min read14 Jun 2018The cancellations and higher local prices could cut India's exports to 5 million bales, each of 170kg, in the 2017/18 marketing year started on 1 Octobernearly a quarter below an initial estimate
2 min read12 Jan 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared