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CCI Procures Over 31 Lakh Bales of Cotton in 2024-25 Season by Amit Gupta, Kedia Advisory The Cotton Corporation of India (CCI) has procured over 31 lakh bales of cotton at minimum support price (MSP) till mid-December 2024, accounting for over a third of total market arrivals. The procurement operations have been conducted across all major cotton-producing states, with Telangana and Maharashtra leading the way. Raw cotton prices are currently below MSP levels due to weak demand from yarn mills and declining cottonseed prices. With an increased MSP for 2024-25, CCI aims to surpass...
CCI Procures Over 31 Lakh Bales of Cotton in 2024-25 Season by Amit Gupta, Kedia Advisory
CCI Procures Over 31 Lakh Bales of Cotton in 2024-25 Season by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-12-17 11:50:07 am
U.S. Cotton Production Rises; Global Outlook Shows Growth by Amit Gupta, Kedia Advisory The U.S. cotton balance sheet for 2024/25 shows an increase in production and ending stocks, while exports, imports, and domestic use remain unchanged. The national cotton yield is projected to rise to 792 pounds per harvested acre, with regional yield variations. U.S. ending stocks are raised to 4.4 million bales, resulting in a stocks-to-use ratio near 34%. The world cotton balance sheet sees a rise in production, consumption, and ending stocks, with global production increased to 117.4 mil...
U.S. Cotton Production Rises; Global Outlook Shows Growth by Amit Gupta, Kedia Advisory
U.S. Cotton Production Rises; Global Outlook Shows Growth by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-12-11 10:31:46 am
Brazil Sets New Milestone in Cotton Production and Exports by Amit Gupta, Kedia Advisory Brazil has achieved a historic milestone by surpassing the United States in cotton production and exports for the first time. In Marketing Year (MY) 2024/25, Brazil's cotton planted area reached a record 1.97 million hectares, driven by favorable prices and reduced production costs. Cotton exports are forecasted at 12.6 million bales, supported by global demand and reduced Indian output. Despite lower yields due to weather challenges, production is estimated at 16.9 million bales, up 13% ...
Brazil Sets New Milestone in Cotton Production and Exports by Amit Gupta, Kedia Advisory
Brazil Sets New Milestone in Cotton Production and Exports by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-12-07 10:53:05 am
India`s Cotton Output Declines Amid Market Challenges by Amit Gupta, Kedia Advisory India's cotton production for the 2024/25 marketing year is projected at 25 million 480-pound bales, showing stability from earlier forecasts but marking the lowest levels in five years. Increased yields due to favorable soil and water conditions partially offset a decline in cultivation area. Slow domestic demand, lower international prices, and subdued export prospects weigh on market dynamics. However, the government's procurement efforts under the Minimum Support Price (MSP) progr...
India`s Cotton Output Declines Amid Market Challenges by Amit Gupta, Kedia Advisory
India`s Cotton Output Declines Amid Market Challenges by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-12-06 11:37:42 am
China`s Cotton Market : Record Yields and Shifting Trends by Amit Gupta, Kedia Advisory China's cotton market is witnessing record-breaking developments in MY 2024/25. With cotton production forecasted at 6.2 million metric tons (MMT), a 5% increase from the previous year, Xinjiang remains the epicenter, accounting for 94.8% of total output. However, domestic consumption estimates are slightly lowered to 8.1 MMT due to sluggish demand in textile and apparel sectors, influenced by global economic uncertainties. High stocks and robust production are set to reduce imports by ne...
China`s Cotton Market : Record Yields and Shifting Trends by Amit Gupta, Kedia Advisory
China`s Cotton Market : Record Yields and Shifting Trends by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-12-06 11:34:30 am
Cotton Output Drops 8% to 299 Lakh Bales Amid Lower Acreage by Amit Gupta, Kedia Advisory India's cotton output is projected to drop by 8% to 299.26 lakh bales in 2024-25, primarily due to a 10% reduction in acreage. The Committee on Cotton Production and Consumption (CCPC) attributes this decline to shrinking sowing areas, despite improved yields of 447.84 kg/ha over last year. Regional variations in production and acreage are evident, with the Central Zone showing the largest contribution. The CCPC’s estimates are slightly below the Cotton Association of India’s ...
Cotton Output Drops 8% to 299 Lakh Bales Amid Lower Acreage by Amit Gupta, Kedia Advisory
Cotton Output Drops 8% to 299 Lakh Bales Amid Lower Acreage by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-11-30 03:12:01 pm
India`s Cotton Market Sees Imports Surge Amid Domestic Price Pressure by Amit Gupta, Kedia Advisory The Indian cotton market in MY 2024/25 faces significant shifts, with exports expected to fall by 55% to 1.2 million 480-lb bales due to higher domestic prices outpacing global levels. This trend has led to a sharp increase in imports, forecasted at 2 million 480-lb bales, a 67% rise from earlier estimates. Declining cotton acreage, with a 9% year-on-year reduction in sowing, has compounded production challenges, though yields in southern India offset some losses. The rise in domestic consump...
India`s Cotton Market Sees Imports Surge Amid Domestic Price Pressure by Amit Gupta, Kedia Advisory
India`s Cotton Market Sees Imports Surge Amid Domestic Price Pressure by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-11-16 10:06:11 am
Market Shifts: Palm Oil, Cotton, Corn, and More Face New Challenges By Amit Gupta, Kedia Advisory The agro-commodity market has seen significant developments across key crops. Palm oil retreated from a two-year high due to profit-taking and increased export duties in Malaysia. U.S. cotton futures fell below 70 cents amid demand concerns and a stronger dollar. Corn and soybean prices hover near monthly highs due to reduced U.S. yield estimates and robust supply expectations. Sugar futures hit a seven-week low with surplus production in Brazil, while lumber eased from a six-month high amid ...
Market Shifts: Palm Oil, Cotton, Corn, and More Face New Challenges By Amit Gupta, Kedia Advisory
Market Shifts: Palm Oil, Cotton, Corn, and More Face New Challenges By Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-11-12 05:40:11 pm
Global Cotton Prices Under Pressure : Impact of Synthetic Fiber Surge by Amit Gupta, Kedia Advisory Global cotton prices face growing pressure as synthetic fibers, led by polyester, dominate the global textile industry. Cotton consumption is forecast at 115.2 million bales for 2024/25, significantly below previous highs, as synthetic and cellulosic fibers outpace cotton in both production and affordability. China leads in synthetic fiber exports, accounting for nearly 70% of global supply, which highlights its dominance in textile manufacturing. While the U.S. and Brazil remain key exporter...
Global Cotton Prices Under Pressure : Impact of Synthetic Fiber Surge by Amit Gupta, Kedia Advisory
Global Cotton Prices Under Pressure : Impact of Synthetic Fiber Surge by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-11-11 11:37:43 am
Cotton Procurement Starts in Telangana as MSP Rates Hold by Amit Gupta, Kedia Advisory The Cotton Corporation of India (CCI) has begun buying cotton at the minimum support price (MSP) in Telangana, with plans to extend procurement across all major cotton-producing states post-Diwali. Current cotton prices are slightly above MSP due to firm cottonseed prices influenced by import duties on edible oils. The government set an MSP of ?7,121 per quintal for medium staple cotton and ?7,521 for long staple, a 7% increase from last year. CCI expects to procure 50-70 lakh bales this seas...
Cotton Procurement Starts in Telangana as MSP Rates Hold by Amit Gupta, Kedia Advisory
Cotton Procurement Starts in Telangana as MSP Rates Hold by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-10-28 03:15:06 pm
Cotton Output Expected to Drop by 7% Amid Acreage Reduction by Amit Gupta, Kedia Advisory India's cotton production is projected to decline by 7% to 302 lakh bales in the 2024-25 season due to a reduction in acreages and adverse weather conditions. The Cotton Association of India (CAI) attributes this drop to a shift in crop preferences in key regions like Gujarat and Maharashtra. The projected cotton consumption remains stable at 313 lakh bales, while exports are expected to fall by 37% to 18 lakh bales due to reduced availability. Imports, on the other hand, are anticipated ...
Cotton Output Expected to Drop by 7% Amid Acreage Reduction by Amit Gupta, Kedia Advisory
Cotton Output Expected to Drop by 7% Amid Acreage Reduction by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-10-23 02:32:20 pm
India's cotton output to fall on lower area, excess rain India's cotton production in 2024/25 is likely to fall by 7.4% from a year ago to 30.2 million bales because of lower area and as excessive rainfall damaged the crop, a leading trade body said on Tuesday. Lower production will reduce exports from the world's second biggest cotton producer in the current marketing year started on Oct. 1 and force the country to increase imports, supporting global prices . India's cotton imports are likely to rise to 2.5 million bales in the n...
India's cotton output to fall on lower area, excess rain
India's cotton output to fall on lower area, excess rain
Source: Reuters
2024-10-22 04:03:58 pm
CAI Raises Cotton Pressing Estimate to 325.29 Lakh Bales, Closing Stock Jumps to 30.19 Lakh by Amit Gupta, Kedia Advisory The Cotton Association of India (CAI) revised its cotton pressing estimate for the 2023-24 season to 325.29 lakh bales of 170 kg each, up from the previous 323.02 lakh bales. The total cotton supply till September 30, 2024, is projected at 371.69 lakh bales, with increased imports and reduced domestic consumption. The revised domestic consumption is estimated at 313.00 lakh bales, while exports are projected at 28.50 lakh bales. The carry-over stock has been updated to 30.19 lakh bales. These...
CAI Raises Cotton Pressing Estimate to 325.29 Lakh Bales, Closing Stock Jumps to 30.19 Lakh by Amit Gupta, Kedia Advisory
CAI Raises Cotton Pressing Estimate to 325.29 Lakh Bales, Closing Stock Jumps to 30.19 Lakh by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-10-16 09:11:55 am
Higher Yields May Offset Impact of Lower Cotton Acreage in 2024-25 by Amit Gupta, Kedia Advisory India's cotton output for the 2024-25 season is expected to remain close to last year's production of 325.22 lakh bales, despite an 11 lakh hectare drop in acreage as farmers shift to other crops. Experts attribute this to higher yields driven by timely rains and lower pest incidence, particularly reduced pink bollworm infestations. The overall crop condition is reportedly better, with regions like Gujarat, Maharashtra, and Karnataka seeing healthy growth. Estimates range from 325 lak...
Higher Yields May Offset Impact of Lower Cotton Acreage in 2024-25 by Amit Gupta, Kedia Advisory
Higher Yields May Offset Impact of Lower Cotton Acreage in 2024-25 by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-10-08 03:34:45 pm
Gujarat: Cotton cultivation rises by 9 lakh hectares in two decades Gujarat's cotton cultivation area now spans 26.8 lakh hectares, producing 92 lakh bales at a productivity rate of 589 kg per hectare, ranking the state second in the country.   Agriculture Minister Raghavji Patel said that Gujarat's cotton production landscape has transformed over the past two decades, sharing data on Sunday. “Cotton plays a crucial role in Gujarat's economy. Since the state's formation, cotton productivity has increased by 459 kg per hectare,...
Gujarat: Cotton cultivation rises by 9 lakh hectares in two decades
Gujarat: Cotton cultivation rises by 9 lakh hectares in two decades
Source: IANS
2024-10-06 02:46:15 pm
Cotton Complex Report by Amit Gupta, Kedia Advisory The cotton industry holds a pivotal role in India’s economy, significantly impacting both domestic and global markets. India is the world’s largest producer and exporter of cotton, contributing approximately 23% of global cotton production. This prominence is rooted in the country’s favorable climatic conditions and extensive cultivation area, which spans over 12 million hectares, making India a dominant player in the global cotton market. In India, cotton cultivation sup...
Cotton Complex Report by Amit Gupta, Kedia Advisory
Cotton Complex Report by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-09-21 05:31:18 pm
Cotton Exports Surge 80% in 2023-24 Season Amid Global Demand Growth by Amit Gupta, Kedia Advisory India's cotton exports for the 2023-24 season have surged by 80%, reaching 28 lakh bales, driven by strong demand from Bangladesh and Vietnam, according to the Cotton Association of India (CAI). Imports have also increased to 16.40 lakh bales, while domestic consumption is projected at 317 lakh bales, reflecting steady local demand. Cotton acreage has declined to 112.13 lakh hectares, mainly in Gujarat, Maharashtra, and Telangana, though Karnataka and Odisha saw slight increases. With sup...
Cotton Exports Surge 80% in 2023-24 Season Amid Global Demand Growth by Amit Gupta, Kedia Advisory
Cotton Exports Surge 80% in 2023-24 Season Amid Global Demand Growth by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-09-16 11:14:25 am
U.S. Cotton Production and Global Supply Shrink Amid Lower Yields by Amit Gupta, Kedia Advisory The U.S. cotton balance sheet for 2024/25 shows a significant reduction in production, now forecasted at 14.5 million bales, down 600,000 from August due to lower yields. This decrease has led to a cut in exports to 11.8 million bales and ending stocks reduced by 500,000 bales to 4 million. Globally, cotton production is lowered by 1.2 million bales, influenced by declines in the U.S., India, and Pakistan. World consumption is reduced by 460,000 bales, with major decreases in Vietnam, Banglad...
U.S. Cotton Production and Global Supply Shrink Amid Lower Yields by Amit Gupta, Kedia Advisory
U.S. Cotton Production and Global Supply Shrink Amid Lower Yields by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-09-13 12:47:03 pm
Cotton Acreage Drops 9% as Farmers Shift Focus; CAI Warns of Tight Supply Ahead by Amit Gupta, Kedia Advisory Cotton acreage for the 2024 kharif season has fallen by 9% to 110.49 lakh hectares, with a projected increase to 113 lakh hectares. The CAI cites high production costs and shifting farmer preferences as key factors. Cotton exports have surged, leading to a tighter balance sheet and potential shortages. The CAI anticipates a challenging season ahead with limited carry-forward stocks and uncertain crop predictions.   Highlights Acreage Decline: Cotton acreage for the current khari...
Cotton Acreage Drops 9% as Farmers Shift Focus; CAI Warns of Tight Supply Ahead by Amit Gupta, Kedia Advisory
Cotton Acreage Drops 9% as Farmers Shift Focus; CAI Warns of Tight Supply Ahead by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-08-13 12:44:21 pm
Indicators Suggesting a Potential Bottom in Cotton Prices Amid Decline and Market Adjustments: A Detailed Analysis by Amit Gupta, Kedia Advisory Cotton prices have declined over 35% since February 2024 but are showing signs of bottoming. Hedge fund positions are at a 5-year low, similar to conditions before a significant rally in 2019. Cotton’s % carry yield is near its lowest level in the past year, indicating the potential for a market reversal. The commodity is also highly oversold and undervalued, often a precursor to a price correction. In India, a drop in cotton cultivation by 10-12% due to lower crop yields and reduced pl...
Indicators Suggesting a Potential Bottom in Cotton Prices Amid Decline and Market Adjustments: A Detailed Analysis by Amit Gupta, Kedia Advisory
Indicators Suggesting a Potential Bottom in Cotton Prices Amid Decline and Market Adjustments: A Detailed Analysis by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-08-12 09:52:54 am
Bt cotton yielded high income for farmers: Union Minister A study conducted by ICAR-CICR found that the income of farmers has increased with the adoption of Bt cotton in the country as the yield is higher by 3 to 4 quintals per acre and there is a reduction in insecticide cost against the cotton bollworm, Minister of State for Agriculture & Farmers’ Welfare Ramnath Thakur informed the Lok Sabha.  The current net return from Bt cotton is estimated at Rs 25,000 per hectare in rainfed areas with the adoption of suitable agronomy. With...
Bt cotton yielded high income for farmers: Union Minister
Bt cotton yielded high income for farmers: Union Minister
Source: IANS
2024-08-07 12:20:06 pm
Domestic cotton spinning industry likely to recover in FY25: ICRA Credit rating agency ICRA in its latest report has said that the domestic cotton spinning industry is likely to recover in FY2025, growing by 6-8%, supported by a 4-6% volume growth and mild realisation gains. This follows two consecutive years of de-growth on the back of subdued domestic demand and falling yarn realisations. Over two-thirds of the total cotton yarn produced is consumed domestically, where green shoots of recovery are visible from the downstream segments, such as readymade ga...
Domestic cotton spinning industry likely to recover in FY25: ICRA
Domestic cotton spinning industry likely to recover in FY25: ICRA
Source: Accord Fintech
2024-07-18 12:55:34 pm
U.S. and Global Cotton Outlook: Increased Production, Rising Stocks By Amit Gupta , Kedia Advisory The July projections for 2024/25 U.S. cotton indicate increased acreage, production, and stocks, while prices are slightly lowered. Global forecasts show higher production and consumption with reduced beginning stocks and world trade. Ending stocks in the U.S. rise significantly due to larger projected crops, while global ending stocks decrease despite higher production.   Highlights U.S. Cotton Projections for 2024/25: The latest projections show higher acreage, production, and...
U.S. and Global Cotton Outlook: Increased Production, Rising Stocks By Amit Gupta , Kedia Advisory
U.S. and Global Cotton Outlook: Increased Production, Rising Stocks By Amit Gupta , Kedia Advisory
Source: Kedia Advisory
2024-07-13 09:02:51 am
Record-Breaking Cotton Consumption : Textile Industry Booms Amid Challenges by Amit Gupta, Kedia Advisory Cotton consumption in the 2023-2024 marketing season is set to be the second highest in the past decade, with an estimated demand of 307 lakh bales. Despite higher production costs, Indian textile mills are operating at 75%-80% capacity, with cotton yarn exports showing significant recovery. Cotton production is expected to reach 325.22 lakh bales, with imports and exports at 12 and 28 lakh bales respectively. However, Indian cotton prices remain higher than international rates, posing challe...
Record-Breaking Cotton Consumption : Textile Industry Booms Amid Challenges by Amit Gupta, Kedia Advisory
Record-Breaking Cotton Consumption : Textile Industry Booms Amid Challenges by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-06-27 10:55:32 am
U.S. and Global Cotton Projections: Higher Stocks and Stable Trade by Amit Gupta, Kedia Advisory The 2024/25 U.S. cotton projections show increased beginning and ending stocks, with stable production, domestic use, and exports. The average farm price drops to 70 cents per pound due to declining futures. Globally, both beginning stocks and production rise, leading to higher ending stocks despite unchanged world trade. U.S. Cotton Projections for 2024/25 Higher Beginning and Ending Stocks: The U.S. cotton projections for the 2024/25 season indicate higher beginning and ending stocks ...
U.S. and Global Cotton Projections: Higher Stocks and Stable Trade by Amit Gupta, Kedia Advisory
U.S. and Global Cotton Projections: Higher Stocks and Stable Trade by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-06-13 10:30:32 am
CCI`s Cotton Procurement Soars to 32.85 Lakh Bales: Market Dynamics and Quality Initiatives Drive Success by Amit Gupta, Kedia Advisory Amidst robust procurement figures reaching 32.85 lakh bales, CCI's strategic interventions navigate shifting market dynamics, with a spotlight on Telangana's substantial contribution. Additionally, the sale of Kasturi Cotton Bharat underscores quality-driven initiatives, fetching premium prices and enhancing India's competitiveness globally. Highlights CCI's cotton procurement at MSP: The Cotton Corporation of India has procured approximately 32.85 lakh bales of cotton a...
CCI`s Cotton Procurement Soars to 32.85 Lakh Bales: Market Dynamics and Quality Initiatives Drive Success by Amit Gupta, Kedia Advisory
CCI`s Cotton Procurement Soars to 32.85 Lakh Bales: Market Dynamics and Quality Initiatives Drive Success by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-04-01 11:13:26 am
India's Cotton Surge: Record Production and Rising Demand Shape Market Dynamics by Amit Gupta, Kedia Advisory India's cotton production for the 2023-24 season soars to 309.70 lakh bales, surpassing initial estimates and indicating a robust market. With domestic demand on the rise, including a significant jump in MSME consumption, the surplus cotton remains ample despite a slight decrease. Additionally, exports are expected to climb, reflecting the nation's growing influence in the global cotton market.   Highlights Cotton Production Up: The Cotton Association of India (CAI) has ...
India's Cotton Surge: Record Production and Rising Demand Shape Market Dynamics by Amit Gupta, Kedia Advisory
India's Cotton Surge: Record Production and Rising Demand Shape Market Dynamics by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-03-21 10:38:12 am
Indian Cotton Outlook: Surging Production, Export Boost, and Price Dynamics Propel Industry Growth by Amit Gupta, Kedia Advisory The Committee on Cotton Production and Consumption (CCPC) forecasts a rise in the current season's cotton crop to 323.11 lakh bales, with exports projected to surge to 27 lakh bales. Amidst increased demand driven by rising international prices, Indian cotton prices maintain a competitive edge, with ICE May futures at 93.33 US cents per pound and Shankar-6 variety quoted at ?61,500 per candy. Furthermore, the CCPC anticipates a reduction in carryover stocks to 52.27 lakh bales, signaling ...
Indian Cotton Outlook: Surging Production, Export Boost, and Price Dynamics Propel Industry Growth by Amit Gupta, Kedia Advisory
Indian Cotton Outlook: Surging Production, Export Boost, and Price Dynamics Propel Industry Growth by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-03-19 11:05:16 am
Global Cotton Market: Lower U.S. Production, Increased Demand Drive Trade Dynamics by Amit Gupta,Kedia Advisory Lowered U.S. cotton production and reduced ending stocks alongside heightened global consumption and trade mark the 2023/24 season. Despite challenges, stable prices and evolving trade patterns signal resilience in the global cotton market.   Highlights U.S. Cotton Production Forecast: Production for the 2023/24 U.S. cotton season is reduced to 12.1 million bales, a decrease of 334,000 bales from the previous month's forecast. Final estimates for area, yield, and production ...
Global Cotton Market: Lower U.S. Production, Increased Demand Drive Trade Dynamics by Amit Gupta,Kedia Advisory
Global Cotton Market: Lower U.S. Production, Increased Demand Drive Trade Dynamics by Amit Gupta,Kedia Advisory
Source: Kedia Advisory
2024-03-11 12:13:22 pm
T T gains on inking MoU with Bizcrum Infotech T.T. is currently trading at Rs. 109.65, up by 0.65 points or 0.60% from its previous closing of Rs. 109.00 on the BSE. The scrip opened at Rs. 109.95 and has touched a high and low of Rs. 113.55 and Rs. 108.20 respectively. So far 1491 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 127.90 on 27-Feb-2024 and a 52 week low of Rs. 64.75 on 28-Mar-2023. Last one week high and low of the scrip stood at Rs. 119.00 ...
T T gains on inking MoU with Bizcrum Infotech
T T gains on inking MoU with Bizcrum Infotech
Source: Accord Fintech
2024-03-07 03:05:17 pm
India's Cotton Export Surge: Prices Lure Buyers, Set to Reach 2-Year High in February by Amit Gupta, Kedia Advisory India's cotton exports are poised to hit a two-year peak in February, propelled by competitive pricing amidst a global rally in prices. Contracts for 400,000 bales have been signed, with major buyers in Asia, marking the highest export level since 2022. Highlights February Cotton Exports Surge: India's cotton exports are poised to reach a two-year high in February, driven by a surge in global prices, which has made Indian cotton particularly attractive for buyers in Asia. Con...
India's Cotton Export Surge: Prices Lure Buyers, Set to Reach 2-Year High in February by Amit Gupta, Kedia Advisory
India's Cotton Export Surge: Prices Lure Buyers, Set to Reach 2-Year High in February by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2024-02-16 11:31:39 am
Cotton Market Unveils Shifting Trends: U.S. Faces Production Decline, Global Landscape Altered by Amit Gupta, Kedia Advisrory The 2023/24 U.S. cotton forecast reveals a 342,000-bale drop in production, impacting exports and ending stocks. Meanwhile, global dynamics witness higher world production, lower consumption in key nations, and a 2.0 million bale surge in world ending stocks. Highlights Lower Production: The U.S. cotton production for the 2023/24 season is forecasted to be 12.4 million bales, which is 342,000 bales lower than previously estimated. The reduction is primarily attributed to decreases in pr...
Cotton Market Unveils Shifting Trends: U.S. Faces Production Decline, Global Landscape Altered by Amit Gupta, Kedia Advisrory
Cotton Market Unveils Shifting Trends: U.S. Faces Production Decline, Global Landscape Altered by Amit Gupta, Kedia Advisrory
Source: Kedia Advisory
2024-01-16 11:41:15 am
Cotton Market Optimism: CAI Maintains Pressing Estimate at 294.10 Lakh Bales for 2023-24 Season by Amit Gupta, Kedia Advisory The Cotton Association of India (CAI) holds a positive outlook, keeping the pressing estimate stable at 294.10 lakh bales for the 2023-24 cotton season. With an estimated total supply of 345 lakh bales, increased imports, and a projected decrease in closing stocks, the market exhibits resilience and potential for growth.   Highlights Pressing Estimate for 2023-24 Season: CAI maintains its pressing estimate for the 2023-24 cotton season at 294.10 lakh bales of 170 kg each. This f...
Cotton Market Optimism: CAI Maintains Pressing Estimate at 294.10 Lakh Bales for 2023-24 Season by Amit Gupta, Kedia Advisory
Cotton Market Optimism: CAI Maintains Pressing Estimate at 294.10 Lakh Bales for 2023-24 Season by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2023-12-26 12:13:52 pm
India to host 35-nation cotton advisory committee meet from Dec 2 to 5 The Ministry of Textiles will host the 81st plenary meeting of the International Cotton Advisory Committee (ICAC) in Mumbai from December 2-5 which is likely to be attended by over 400 delegates from 35 countries. “It is a matter of honour and pride for India to host this event after nearly 8 years,” the Ministry of Textiles said on Wednesday. The four-day conference to be inaugurated by Union Minister of Textiles and Commerce & Industry Piyush Goyal will be attended by ...
India to host 35-nation cotton advisory committee meet from Dec 2 to 5
India to host 35-nation cotton advisory committee meet from Dec 2 to 5
Source: IANS
2023-11-30 11:45:12 am
Axita Cotton moves higher on securing orders worth Rs 89.22 crore Axita Cotton is currently trading at Rs. 29.49, up by 1.02 points or 3.58% from its previous closing of Rs. 28.47 on the BSE. The scrip opened at Rs. 29.70 and has touched a high and low of Rs. 29.80 and Rs. 29.30 respectively. So far 574229 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 83.00 on 28-Apr-2023 and a 52 week low of Rs. 24.70 on 19-May-2023. Last one week high and low of the scrip stood at Rs. 29.8...
Axita Cotton moves higher on securing orders worth Rs 89.22 crore
Axita Cotton moves higher on securing orders worth Rs 89.22 crore
Source: Accord Fintech
2023-11-23 11:49:04 am
Cotton Resilience and Global Impact: 2023/24 Market Insights By Amit Gupta, Kedia Advisory In the 2023/24 U.S. cotton market, production soars while consumption dips, resulting in higher ending stocks. Meanwhile, the global stage witnesses a boost in cotton output, with lower consumption but steady trade dynamics, notably driven by China. U.S. Cotton Market Production and Stocks: The U.S. cotton balance sheet shows higher production, with a slight decrease in consumption and increased ending stocks. Total production is up by 273,000 bales, reaching 13.1 million bales. Despite...
Cotton Resilience and Global Impact: 2023/24 Market Insights By Amit Gupta, Kedia Advisory
Cotton Resilience and Global Impact: 2023/24 Market Insights By Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2023-11-10 04:27:50 pm
Commodity Weekly Insights : Cotton complex By Geojit Financial Services MARKET UPDATES & NEWS Guar complex was held in thin ranges in the week gone by. The most active guar seed and guar gum November futures are seen varying in a range after the recent fall, awaiting fresh cues for further directional moves. Expectation of lower production this kharif season lend support. Ratio of guar seed to guar gum for week ended 13 Oct 2023, was up to 2.05 compared to 2.03 a week earlier. In August 2023, India's exports of guar gum saw a 1.2% increase, reach...
Commodity Weekly Insights : Cotton complex By Geojit Financial Services
Commodity Weekly Insights : Cotton complex By Geojit Financial Services
Source: Geojit Financial Services
2023-11-06 06:12:31 pm
Cotton Crisis: India Braces for 15-Year Low in Cotton Output, Higher Imports By Amit Gupta, Kedia Advisory India's Cotton Association predicts the lowest cotton output in 15 years for the 2023-24 season, with El Nino and reduced cultivation area affecting yields. This decline prompts a surge in cotton imports to meet domestic demand, leaving a surplus of 35 lakh bales and leading to a projected 14 lakh bales in exports. Regional variations highlight challenges in key cotton-producing zones, emphasizing the significance of this crop crisis. Highlights Cotton Production Estimations: The Co...
Cotton Crisis: India Braces for 15-Year Low in Cotton Output, Higher Imports By Amit Gupta, Kedia Advisory
Cotton Crisis: India Braces for 15-Year Low in Cotton Output, Higher Imports By Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2023-11-02 03:52:36 pm
Cotton`s 2023/24 Outlook: Reduced U.S. Production, Global Changes, and Price Stability by Amit Gupta, Kedia Advisory U.S. Cotton Outlook (2023/24)?Lower Production: The 2023/24 U.S. cotton production is 315,000 bales lower than the previous month's estimate, totaling 12.8 million bales. This decrease is attributed to lower yields in Texas, which offset gains in other regions.?Reduced Exports: Cotton exports for the 2023/24 season are projected to be 100,000 bales lower, down to 12.2 million bales.?Lower Ending Stocks: Due to the lower production and reduced exports, ending stocks are reduced by 200,000 bale...
Cotton`s 2023/24 Outlook: Reduced U.S. Production, Global Changes, and Price Stability by Amit Gupta, Kedia Advisory
Cotton`s 2023/24 Outlook: Reduced U.S. Production, Global Changes, and Price Stability by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2023-10-13 09:39:16 am
Cotton Report by Amit Gupta, Kedia Advisory * Cotton prices rose over 3% in a month as the cotton belt in Haryana, India, is grappling with an infestation of pink bollworms, adding to uncertainties in the cotton market.* Cotton production in India is expected to decline due to factors such as reduced sowing area and pink bollworm infestations. * The cotton sowing area in India has decreased from 127 lakh hectares to 124 lakh hectares, below the normal sowing area of 130 lakh hectares. O North Indian states like Haryana, Punjab, an...
Cotton Report by Amit Gupta, Kedia Advisory
Cotton Report by Amit Gupta, Kedia Advisory
Source: Kedia Advisory
2023-09-28 05:06:39 pm