When compared to the previous season, the closing cotton stock for the 2022–23 growing season may increase by 2.5 million bales (170 kg per bale) to roughly 5.8 million bales due to lower domestic and export consumption as well as higher output driven by increased sowing area. In India, the cotton season lasts from October…
The Cotton Association of India (CAI) has anticipated that the domestic cotton demand for India for the 2022–23 season up to September will be roughly 18 lakh bales (170 kg each) lower at 300 lakh bales or nearly 6% less than last year’s 318 lakh bales. The fall in domestic consumption was ascribed to mill…
The Cotton Association of India (CAI) has advocated premiums for cotton ginners to entice them to deposit their stocks at MCX godowns and enable legitimate dealers to engage on the exchange platform in an effort to increase liquidity for the MCX cotton contracts. The MCX new product committee accepted the CAI proposal at its meeting…
