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COTTON BALES FUTURES
Cotton prices down 3% on import duty suspension, may slide moreIndia has suspended its 11% import duty on cotton until October. This move has immediately reversed the recent rally in cotton prices, with...- Govt in 'advanced stage of consultation' on industry's demand for cotton import duty removalThe Indian government is actively considering removing the 11 percent customs duty on raw cotton imports. Ministries are in advanced talks ...
- Allow 40 lakh bales duty free import of cotton to avoid job losses due to cotton shortage: SIMA"During the current season, owing to a substantial increase in demand and export of around 50 lakh bales, the country is likely to face 30 ...
- India's cotton exports begin to slide as premiums jump on lower cropThe higher premiums sought by India, the world's biggest cotton producer, could force Asian buyers such as Bangladesh, Vietnam and China to...
- India's cotton exports likely to rise 50% this year to 75 lakh bales this yearThe exports can see a further boost if Pakistan opens its market for Indian cotton, said Mahesh Sharda, president of Indian Cotton Associat...
- Cotton exporters hope to resume trade with PakistanIndian merchants peg potential cotton exports from India to Pakistan at $1.5-2 billion.
- MCX delivers record 3,98,600 bales in October to AugustThe USDA has estimated exports of cotton for the season at 35 lakh bales.
- Taking a cue from global markets, cotton corrects 6%Prices in the spot market hit a two-month low of Rs 21,000-21500 per bale of 170 kg on Monday.
- MCX cotton stocks hit all-time high of 1,81,200 balesStock deposits in MCX accredited warehouses soared to a new all-time high of 1,81,200 bales as on March 5.
- MCX cotton futures contract sees 294% YoY rise in June 2018MCX witnessed a 57 per cent jump in its cotton contract’s average daily volume from 2605 lots (1 lot = 25 bales) in June 2017 to 4085 lots ...
- Cotton futures expected to fall in coming monthsMulti Commodity exchange (MCX) cotton futures traded in monthly average prices of Rs. 20,700 and 20,800 a bale during the month of April, M...
- Cotton futures dip as speculators trim positionsSimilarly, March delivery dropped by Rs 250, or 1.55 per cent, to Rs 15,850 per bale and an open interest stood at 876 lots.
- SIMA asks CCI to commence MSP operations in Tamil NaduCCI has not undertaken any commercial or MSP operations in Tamil Nadu in last 20 years as the state was one of the lowest cotton producing ...
- Cotton seen steady-to-weak on new season harvestThe Cotton Association of India revised downward its production estimate for the 2013/14 crop to 38.05 million bales from earlier 38.1 mill...
- India's cotton exports may drop by 34% in 2012-13: USDAIndia's cotton exports are expected to exceed the earlier estimate to touch 9.2 million tonnes in 2012-13 marketing year ending July.
- Apparel exporters urge government to reserve cotton for domestic firmsApparel exporters urged the government to formulate a policy for reserving 25 lakh bales of cotton each year for domestic firms, in the wak...
- India to keep world prices in checkIndia's record cotton crop will keep check on global cotton prices.
- Cotton blooms on high yieldThe East India Cotton Association (EICA) has revised domestic cotton production estimates to 282 lakh bales.
- China buying, low output to drive up cotton pricesWhile Gujarat’s cotton production is going to be higher this year, that of rest of the country is going to be lower. This year’s cotton pro...
- NCDEX to weave futures in long-staple cottonCome August 21, the National Commodity & Derivatives Exchange (NCDEX) will launch an Indian 28.5mm long-staple cotton contract for trading ...
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