Gandhinagar: Cotton sowing in Gujarat has reached a record-breaking level not seen in the past eight years, with 26.64 lakh hectares (lh) of the crop sown during the current Kharif season. This is in contrast to other major cotton-producing states, which are experiencing a declining trend. As of July 31, Gujarat, being the largest cotton producer in India, had completed cotton sowing on 26,64,565 hectares (ha), the highest sowing area since 2015–16. The current season has seen Gujarat cross ...Read More

New Delhi: The Government has decided to exempt all customs duty on import of cotton to lower the price of cotton in the public interest. This exemption would benefit the textile chain- yarn, fabric, garments and made ups and provide relief to textile industry and consumers. Industry has been demanding for removal of 5% Basic Customs Duty (BCD) and 5% Agriculture Infrastructure and Development Cess (AIDC) on raw cotton. The Central Board of Indirect Taxes and Customs (CBIC) notified the ex...Read More

New Delhi: The Cotton Advisory Board (CAB) has estimated that during the current cotton season of October, 2017 to September, 2018, the export of cotton from India is likely to increase by 20% over last year and is expected to touch 70 lakh bales by September, 2018. From October, 2017 to April 2018, the total amount of cotton exported from India was 51.21 lakh bales. CAB has estimated that the cotton production for the current cotton season will be 370 lakh bales.   Domestic price...Read More

From M Zulqernain Lahore: Pakistan has lifted an "undeclared" ban on import of ginned cotton from India, days after rejecting a consignment of 10,000 bales of cotton from India citing violation of plant quarantine rules by importers. Earlier, the Department of Plant Protection (DPP) of the Ministry of National Food Security and Research put cotton imports from India on hold through Wagah and Karachi port from November 23, saying the shipments did not fulfil phyto- sanitary conditions, Dawn n...Read More

Karachi: Amidst Indo-Pak tensions, Pakistan has rejected a consignment of 10,000 bales of cotton worth USD 3.3 million from India citing violation of plant quarantine rule by importers. The shipment of ginned cotton at Karachi Port was imported by seven textile mills. It was rejected by the Plant Quarantine and Certification Services Office, Ministry of National Food Security and Research Department of Plant Protection, Dawn newspaper reported. The rejection sent shock waves in the textile...Read More

Mumbai: Cotton production is estimated to increase by 3.84 per cent in the 2016-17 season (beginning from October 1) to 351 lakh bales compared to the previous year, a top Central Government official said today. Cotton production in 2015-16 season stood at 338 lakh bales (of 170 kg each), Textile Commissioner Kavita Gupta told reporters here after the season's first meeting of the Cotton Advisory Board. "The increase in production is mainly estimated on the basis of good monsoon, no pest a...Read More

Mumbai:After riding high in July and August, domestic cotton prices are expected to ease in the coming months due to arrival of new crop coupled with lower consumption and exports in the current season, says a report. Cotton prices in futures market have been trending down since last month. They are however still on the higher side at Rs 19,650 per bale. The prices are 25 per cent higher as compared to last year for the same period. "The major factors which will decide cotton prices i...Read More