E-PaperCotton Price News
Spinning mills wedged between drop in yarn demand, high cotton prices
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 2019Cotton spinning mills are facing multiple challenges this year
Lack 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 2019Will sliding overseas prices take the fluff off domestic cotton?
Prices 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’s cotton output may hit 9-year low, curb exports
India 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 2018Why mills aren’t worried about low cotton production yet
News 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 2018Why domestic cotton prices are likely to rule firm this season
If 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 2018Domestic apparel firms can absorb higher costs, provided demand recovery sustains
ICICI 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 wins in cotton market as US-China trade dispute escalates
India will benefit as China plans to issue additional import quotas because adverse weather damaged domestic crop
1 min read20 Jun 2018Increasing cotton prices could trip margins at spinning mills
Expectations 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 2018India cotton traders cancel export deals in pivot to local market: association chief
The 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 2018Popular Topics
Budget
The 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