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ICAC projected world%E2%80%99s cotton production at 26.7MMT in 2019 20
Published on: Jan 01 1970, 05:30
- All India cotton arrivals stood around 117.62 lakh bales as on 8th Jan’20
- CCI procured around 35.7 lakh bales till 8th January’20
- India received around 72 lakh bales cotton so far this season
- Pakistan to produce 2.5 million US bales in 2019-20
- CCI procured around 13.78 Lakh bales of cotton as on 12th Dec’19
- Adilabad farmers still selling Kapas at lower rates
- CCI procured 7.50 Lakh bales this season so far
- Indian cotton yarn exports still 33.3% down compared to previous year
- CAB estimates 360 lakh bales of cotton production in 2019-20 season
- The kapas prices still below MSP in Punjab
- CCI buys around 2 lakh bales so far this season at MSP
- Total cotton arrivals stood around 29 lakh bales so far as on 21st Nov’19
- Cotton prices started gaining support from CCI pruchases
- Pakistan cotton production declined by 21% as on 15th Nov’19
- The US Export Sales were up by 52% this week
- CCI is likely to commence procurement in MH and Karnataka as well
- Sugar mills got extension to export last year’s sugar quota till Dec’19
- Prices slumped down due to heavy rains and sluggish CCI procurement
- US cotton crop projected at 20.8 mln US bales in 2019-20 (USDA)
- India may get opportunity to export cotton to Pakistan