IndiaNew Season Arrivals as on 15/08/2017: State wise Arrivals (Lakh Bales)2016-17 Punjab 09.00 Haryana 21.00 Rajasthan 18.00 Gujarat 82.71 Maharashtra 96.37 M. P. 21.00 A.P. 18.69 Telengana 49.75 Karnataka 16.18 Orrissa 03.00 Other 02.40 Total 338.10 - Source Just Agri Cotton Sowing Report as on 17/08/2017 State Central Agri Ministry (Lakh hact.) 2017-18 2016-17 Punjab 03.85 02.56 Haryana 06.56 04.98 Rajasthan 05.03 03.86 Gujarat 26.51 23.13 Maharashtra 41.38 39.00 M. P. 05.76 05.99 A.P. 04.98 03.75 Telengana 17.89 12.50 Karnataka 04.33 04.28 Tamilnadu 00.12 00.06 Other 01.74 01.43 Total 118.15 101.55 Weather Report: IMD weekly weather report 01st Jun to 16th Aug 2017 COTTONGURUTM Comments: Indian cotton crop continues to depend heavily on weather conditions. Although amount of sowing is a significant factor in estimation of cotton crop, it is the ‘yield’ which is the key factor for determining the final crop. The below mentioned historical data of last 7 years corroborates this fact. The above chart clearly indicates that figures of sowing can be misleading as far as the final cotton crop arrivals are concerned. For eg. Sowing figure were similar during season 2012-13 and 2013-14 (approx. 119 lakh hectares) but the difference in final crop output was 2.7…
India New Season Arrivals as on 01/08/2017: State wise Arrivals Just Agri (Lakh Bales)2016-17 Just Agri (Lakh Bales)2015-16 Punjab 09.00 05.50 Haryana 21.00 14.75 Rajasthan 18.00 15.40 Gujarat 82.60 76.75 Maharashtra 96.40 67.60 M. P. 20.82 18.30 A.P. 18.70 21.82 Telegana 49.72 57.62 Karnataka 16.18 17.22 Orissa 03.00 03.00 Other 02.40 06.50 Total 337.82 304.46 Cotton Sowing Report as on 28/07/2017 State wise Arrivals Central Agri Ministry (Lakh hact.) 2017-18 2016-17 Punjab 03.820 04.000 Haryana 06.560 06.000 Rajasthan 06.150 06.000 Gujarat 25.840 20.380 Maharashtra 40.120 36.270 M. P. 05.730 05.270 A.P. 03.400 02.850 Telengana 16.800 11.220 Karnataka 03.850 03.620 Tamilnadu 00.054 00.033 Other 01.716 01.430 Total 114.040 97.073 GUJARAT: The State Agri ministry report showed that on 17th July Cotton Sowing in Gujarat had increased by 39% to 24,46,800 Hectors ( 17,60,700 hectors same time last year). Last 3 year average was 27,25,800 hectors. IMD reports showed Jun 1-Jul 17 rainfall as294.6 mm, 19% above normal. In the last week of July, torrential rain and floods in Gujarat has hurt sowing and has resulted in damage to some of the cotton crop where sowing had been completed. Around 25% of land sown with cotton is feared to be affected. Banaskantha,…
Cotton Sowing Report as on 13/07/2017 State wise Arrivals Central Agri Ministry (Lakh hact.) 2017-18 2016-17 Punjab 03.850 02.560 Haryana 06.560 04.980 Rajasthan 04.900 03.680 Gujarat 19.900 13.650 Maharashtra 31.360 29.910 M. P. 04.880 05.000 A.P. 02.850 02.030 Telengana 13.650 09.410 Karnataka 02.410 03.100 Tamilnadu 00.050 00.030 Other 01.340 00.970 Total 91.750 75.320 Domestic Market Summary: Starting from mid-June, most textile mills had reduced their cotton procurement to maintain minimum inventory before the Goods and Services Tax (GST) came into force on 1st July 2017.Since then, the mills have not been able to cover mush cotton due to various reasons. 1) Because of insufficient rains in many cotton growing centres of India (parts of Gujarat, M.P., Maharashtra, Telangana, A.P., Karnataka, etc), the sellers were not very keen to off load quality cotton stocked in ware houses. As a result, prices of good quality varieties ruled stronger. 2) Fall in yarn demand since March has weakened the mills purchasing capacity. The situation has worsened post GST as the yarn prices have fallen by Rs 5 to Rs 8 per kg in many counts. 3) Mills with lower reserves/lower cotton stocks and high interest burden have started facing cash losses. All of…
(by Sanjay Jain, NITMA President & Deputy Chairman, NITRA) TODAY’S STATUS: · India’s crop, which was growing every year (we became the largest in 2014-15)has stagnated/reduced for last 2 years and is facing challenges of area, yield and pests – FROM PEAK OF 398 LAC BALES, WE ARE DOWN TO 336 LAC · India surplus cotton has dwindled, leading to competition between exports and domestic usuage, now industry forced to import in end season · India’s value added industry especially spinning has been suffering despite a strong cotton crop – highest % slippages to NPAs in 2015 · One of the lowest stock to use ratio in the world – 12 to 15% against world average of 80% · Domestic cotton prices are many times higher than international prices TODAY’S CONCERNS: · Country doesn’t have sufficient surplus cotton, however exports are strong leading to forced imports at high prices at end season – hence our core advantage is getting erode. · Our competitors (Pakistan, Bangladesh, Vietnam, China etc) buying 20 to 30% of our crop, forcing industry to import · 2016-17 cotton balance sheet very precarious as sowing is 10 to 15% less and low opening stock · No proper…
INDIA Arrivals: (as on date: 15-10-2015) State wise Arrivals 2014-15 (Lac bales) 2015-16 (Lac bales) Punjab 0.70 0.24 Haryana 1.34 0.41 Rajasthan 0.02 0.42 Gujarat 0.84 0.90 Maharashtra 0.33 1.10 M. P. 0.39 0.90 Telangana 0.00 1.32 A. P. 0.41 0.14 Karnataka 0.21 0.23 Orissa 0.00 0.00 Other 0.00 0.00 Total 4.24 5.66 Sowing: (as on date 15.10.2015) State wise Sowing 2014-15 (Lac hectares) 2015-16 (Lac hectares) Punjab 4.50 4.50 Haryana 6.39 5.80 Rajasthan 4.16 4.06 Gujarat 30.06 27.6 Maharashtra 41.9 38.2 M. P. 5.78 5.47 Telangana 16.5 16.89 A. P. 7.30 6.20 Karnataka 7.60 5.79 Orissa 1.20 1.20 Tamil Nadu 0.07 0.98 Other 0.30 0.21 Total 126.54 117.08 During recent field travel to Gujarat, Central Maharashtra and parts of Karnataka/Telangana, plants exhibited signs of moisture stress, wilting and stunted growth. Moreover, there was large variability in cotton plant development. Stunted growth should lead to a lower number of boll formations and reduced yields according to the USDA. Domestic Market Summary: Cotton crop in North Indian states of Punjab & Haryana may dip by 40% on white fly pest attack.Trade circles expect Punjab crop to fall from 1.4 million bales (2014-15) to 0.7 million bales (2015-16) and Haryana crop to…
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