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Local cotton prices breach Rs20,000 per 40-kg mark: report

Pakistan Today - 1/11/2022 2:38:00 PM
KARACHI: Local cotton prices have breached Rs20,000 per 40-kg level recently, coinciding with the most recent bull run in international prices where the price of the white fibre touched US 128 cents/p

Myths and realities of the commodity derivatives markets

Business Line - 1/20/2022 12:05:00 PM
The commodity derivatives market is going through a topsy-turvy situation, which is attributed to the intermittent ban or suspension of futures trading for a basket of commodities. While financialisation has impacted the contours of the market,

Demand by pressure groups for suspension of cotton futures irrational: MCX

Business Standard - 1/11/2022 3:35:00 PM
MCX said pressure groups in the value chain of the cotton industry are making "irrational" demand for suspension of futures trade in cotton on its platform

U.S. cotton production may go higher in 2022

Markets - 1/18/2022 1:07:00 PM
Higher world cotton demand for 2022 and the likelihood of smaller Western crop may entice firm fiber prices, particularly for the extra-long staple varieties. Upland cotton prices at or near $1 may hold,

Rs 10K per quintal but there’s little cotton to sell

Deccan Chronicle - 1/18/2022 3:33:00 AM
News is making rounds in the cotton business circles that the prices will rise more due to the demand in international market and low yield

Cotton prices hit the roof in Gujarat

The Hindu - 1/20/2022 5:37:00 PM
Cotton prices in Gujarat have hit the roof, with cottonseed prices ranging between ₹8,500 and ₹10,500 per quintal. As the largest producer of the natural fibre, Gujarat accounts for almost one-fourth of the total cotton production in the country.

Rising input cost sends cotton mills on tailspin

The New Indian Express - 1/22/2022 4:37:00 AM
Manufacturers say the price of cotton candy rose to Rs 80,000 this year, Spinning mills owners say the spiralling price of raw material has weakened their position in the global market.

Textile sector struggles to cope with spiralling raw material prices

The Hindu - 1/20/2022 7:22:00 PM
Weavers, garment manufacturers and textile mills in Tamil Nadu are struggling for the last 15 months to manage the increasing cost of raw materials. The weavers and garment manufacturers are hit by hi

Why banning commodity derivatives trade is like throwing baby out with bathwater

Firstpost on - 1/11/2022 4:20:07 AM
In the absence of a futures market, farmers will be forced to sell their produce in the cash market at the prevailing price, which may be lower than their expected price

Cotton crop intervention policy expires

Daily Times - 1/13/2022 12:12:00 AM
The ‘Cotton Crop Intervention Policy’ expired without making any intervention whereas the prices of the cotton crops remained stable above the benchmark of Rs5,000 per 40-kilogram. The Policy was meant to intervene if the prices of 40-kilogram cotton slipped down from Rs5,

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