Farmers face great problems due to increase in cotton importsBENGALURU: Concerns over rising cotton imports and growing distress among domestic growers reverberated in the Lok Sabha Wednesday, with Raichur MP Kumar Naik flagging mounting challenges faced by cotton farmers, especially in Karnataka.During Question Hour, Naik said that despite India being the world’s second-largest cotton producer, farmers were grappling with uncertainty although procurement under minimum support price (MSP) scheme was expanded over the years. He said a sharp rise in imports is undermining domestic growers.“India is the world’s secondlargest cotton producer after China, with Brazil close behind,” Naik said. “Yet, in a deeply alarming development, govt data shows that cottonimports from Brazil surged by over 1,000% year-on-year over the last two years. Similarly, imports from the US also increased 200% during the same period.” Highlighting the impact on farmers, he said: “They are struggling with falling prices, rising input costs, and continued policy uncertainty. If this continues, we risk being heavily dependent on imports, thereby weakening our farmers and compromising longterm agricultural security.”In reply, textiles minister Giriraj Singh told the House the Centre remained committed to protecting farmers’ interests. “Via MSP and based on recommendations of the Commission for Agricultural Cost and Prices (CACP), state and Central inputs, and productioncosts, we ensure farmers receive a minimum of 1.5 times the cost of production for their produce,” he said.Singh said that for 2025-26 season, MSP was fixed between Rs 7,710 and Rs 8,110 per quintal depending on quality — an increase of Rs 589 per quintal over the previous year. He also said authorities had opened 571 procurement centres across 149 districts in 11 cotton-growing states, and that over 90.5 lakh bales had been procured so far.Clarifying on the import policy, Singh said 11% duty on cotton was exempted between Aug and Dec 2025. “Subsequently, it was reintroduced in Jan 2026,” he said.But Naik argued that the temporary duty exemption had adverse consequences, emphasising domestic cotton prices had crashed amid global tariff pressures. Pointing to Karnataka’s performance, he said the state recorded the highest yield in the south, surpassing the national average. He said districts like Kalaburagi, Raichur and Yadgir had great potential if backed by strong institutional support.read more :- Textile industry affected by rising waste cotton prices
Recycling textile industry affected by rising waste cotton pricesCOIMBATORE : The recycled textile industry is facing mounting pressure due to a sharp rise in waste cotton prices, said M Jayapal, president of the Recycle Textile Federation.Indian cotton for the 2025-26 season opened in November at Rs 51,000 per candy and is currently trading at Rs 56,000. When cotton prices peaked at Rs 56,000 per candy in September, spinning mills sold comber waste, the key raw material for open-end (OE) mills, at Rs 102 per kg. Since then, comber waste prices have steadily climbed to Rs 123–125 per kg, despite only moderate fluctuations in cotton prices.Jayapal said the increase in raw material costs has not been matched by a rise in yarn prices. During Diwali, OE yarn was sold at around Rs 165 per kg for 20s warp and Rs 148–150 for weft. Now, even with a Rs 23 per kg jump in waste cotton prices, mills are forced to sell warp yarn below Rs 165 and weft below Rs 155 per kg, resulting in continued losses over the past three months.Labour shortages, rising production costs and weak demand for 30s count yarn have further hit operations, pushing many mills to cut capacity or shift to hosiery yarn. More than 100 mills have exited grey yarn production in the last two years.The federation has urged the Centre and state govt to introduce a transparent tender system for cotton waste sales to protect MSMEs and safeguard livelihoods across the textile value chain.read more :- CCI buys cotton worth ₹11,800 crore from Telangana
CCI Procures 29.50 Lakh Bales Cotton Worth Rs.11,800 Cr in Telangana.Hyderabad: The Cotton Corporation of India (CCI) has procured about 451 lakh quintals kapas, which is equivalent to 90 lakh bales under Minimum Support Price (MSP) operations. Out of which, 148 lakh quintals kapas equivalent to 29.50 lakh bales was procured in Telangana, valuing Rs.11,800 crore, through 8.60 lakh direct farmer transactions during cotton season 2025-26, according to the Ministry of Textiles.Out of 148 lakh quintals kapas procured in Telangana, 5.80 lakh quintals, valuing Rs.463 crore, have been procured in Mancherial district, and 1.21 lakh quintals, valuing Rs.97 crore, seed cotton has been procured in Peddapalli district. During cotton season 2025-26, additional procurement centres were opened by the CCI based on the prescribed eligibility criteria. Three procurement centers each were opened in the districts of Mancherial and Peddapalli after assessment of parameters such as minimum of 3,000 hectares under cotton cultivation, availability of a functional APMC, and the presence of at least one ginning and pressing factory.Opening of procurement centres by CCI is undertaken on the basis of these objective criteria and operational requirements to ensure effective MSP operations. The CCI in association with the Ministry of Textiles, prescribed norms for opening procurement centers to expand MSP outreach. These norms aimed to ensure that cotton farmers in every Taluka or Mandal having at least 3,000 hectares under cotton cultivation, a functional APMC, and at least one ginning or pressing factory are able to avail MSP benefits, while also reducing transportation distances and waiting time for farmers.Accordingly, during the cotton season 2025–26, under the jurisdiction of CCI’s three branches— Adilabad, Warangal, and Mahabubnagar—122 procurement centers were opened across 30 districts of Telangana, as compared to 110 centers during 2024–25. This included three procurement centers in Luxettipet, Chennur, and Bellampally in Mancherial district and three procurement centers in Peddapalli, Sulthanabad, and Kamanpur in Peddapalli district. This was stated by the Minister of State for Textiles Pabitra Margherita while responding to a question raised by MP Vamsi Krishna Gaddam on cotton farmers in Telangana in Lok Sabha two days ago.read more :- Rupee opened 21 paise stronger at 90.49 per dollar
Rupee opens 21 paise up at 90.49/USD Indian rupee opened higher by paise 21 at 90.49 per dollar on Thursday against previous close of 90.70.read more :- Rupee weakens against dollar, falls 10 paise to close at 90.70.
On Wednesday, the Indian rupee closed at 90.70 against the dollar, while it had opened at 90.60 in the morning.At the close, the BSE Sensex stood at 84,233.64, down 40.28 points or 0.05 per cent, while the NSE Nifty50 edged higher to 25,953.85, up 18.7 points or 0.07 per cent.read more :- CAI: Impact on India due to US-Bangladesh deal
CAI President Vinay Kotak, while talking to CNBC Awaaz, told how the US-Bangladesh deal can affect India's textile market.The duty exemption given by America is given only in proportion to the value of cotton, that is, if the total price of an apparel is ₹ 100 and the value of cotton in it is ₹ 20, then the benefit of 18% duty exemption is given only on that ₹ 20. This means that the profit is only around 3–4% of the total value.Bangladesh's total exports are about 25% to America, while about 50% of its apparel is being exported to Europe. Whereas India's exports to America are about 15%. India can benefit from the new policies that America is making—especially towards reducing dependence on China. Therefore, there is a possibility that India's share (market share) will increase slightly, not decrease.On the other hand, till now Bangladesh had the benefit of zero duty in Europe, due to which India was at a loss. But from January 1, 2027, there will be no duty on India's exports to Europe. This will give us an opportunity to expand significantly in the European market and we can leave Bangladesh behind to a great extent in that area.India's cotton is going to Bangladesh because we have a locational advantage — goods from India take only 8 days to reach Bangladesh, while the same goods from the US take at least 45 days. For this reason, the mills there are buying cotton from India even at slightly higher prices. If road route exports from India resume, we will not face any significant difference.Just as there is a duty-free quota for Australian cotton, there should be a duty-free quota for American cotton as well. Then there will be no problem in competition. At present, there is about 11% duty on American cotton, which is burdensome (difficult) for us. Even if we import it under advance license, we have to suffer an average loss of 4.5% duty in the form of incentives.Therefore, either the entire duty on cotton import should be abolished, or at least a duty-free quota of 5 to 10 lakh bales should be fixed for imports from America.read more :- Cotton Corp cuts fiber prices by 3%
India's Cotton Corp cuts fiber prices by up to 3% to boost salesAmid a softening trend in international prices, Cotton Corporation of India (CCI) has cut the price of the 2025-26 crop by ₹1,400-1,700 per candy (356 kg) to boost its sales. The state-run unit has also reduced the pickup period for buyaers from 60 days to 30 days."The improvement in prices is in line with international prices," CCI Chairman and Managing Director Lalit Kumar Gupta said. The state-run unit started selling the 2025-26 crop on January 19 and has sold around 4 lakh bales so far, amid a lukewarm response from the industry.Besides, CCI's procurement has so far reached 93 lakh bales of 170 kg each, Gupta said. The procurement will continue till the end of this month. CCI is still carrying out procurement work in states like Telangana, Maharashtra and Gujarat.output estimates unchangedGupta said local inflows are continuing and the industry will continue buying ahead of the market. Daily arrivals are estimated to be between 1.25-1.5 lakh bales. “Our sales generally increase only after March,” Gupta said.Ramanuj Das Boob, sourcing agent in Raichur, said arrivals in Maharashtra, Gujarat and Telangana are good, while arrivals in Karnataka are declining. “Market prices are lower than the CCI price, and traders are getting the cotton of their choice from the market,” Das Bub said.Meanwhile, the Cotton Association of India (CAI), which recently raised the crop estimate for 2025-26 by about 2.5 per cent or 7.5 lakh bales of 170 kg to 317 lakh bales on higher than estimated production in Maharashtra and Telangana, on Tuesday retained the estimate.CAI has pegged total cotton consumption during 2025-26 at 305 lakh bales of 170 kg each by the end of September, compared to 314 lakh bales last year. Cotton consumption by the end of January is estimated at 104 lakh bales, CAI President Vinay N Kotak said in a statement.CAI has projected a year-end surplus of 122.59 lakh bales for the 2025-26 season, up 56 per cent year-on-year on record imports of 50 lakh bales during the year. By the end of January, imports stood at 35 lakh bales and exports at 6 lakh bales.read more :- Cotton arrivals affected due to fall in production in Wardha
Cotton arrivals in Wardha have been affected due to huge decline in production.Wardha: Due to huge decline in production, there has been a sharp decline in the arrival of cotton in Wardha district this season, affecting the farmers as well as the cotton processing industry.During the 2024-25 season, the district recorded arrival of around 1.11 lakh quintals of cotton. However, in the ongoing 2025-26 season, the arrivals so far are limited to only 45,000 quintals, officials said.Currently, the CCI rate for cotton is Rs 8,010/quintal, while private procurement centers are buying cotton at around Rs 7,900/quintal. Farmers are facing difficulties as new CCI registrations have been stopped, although CCI procurement is expected to continue till February 28.Vilash Chandankhede, a farmer from Goji village, said the decline in cotton production is mainly due to poor quality seeds. He said, "Adulterated seeds are available on a large scale in the market, due to which farmers are not able to get the expected yield." He said that many farmers purchased seeds from Andhra Pradesh.Chandankhede said that this year the crop was damaged due to excessive rains, due to which the cotton bolls did not flower. “The arrival of cotton in the market is light, resulting in low weight,” he said, adding that high input costs and non-availability of the expected rate of Rs 10,000/quintal have put farmers in financial crunch.Sameer Pedke, secretary of Wardha Agricultural Produce Market Committee, said that although cotton production exists in the district, fluctuating prices have discouraged farmers from bringing their produce to the market. “About 25% of farmers who have storage facilities have stored cotton at home,” he said.Piyush Thakkar, ginning mill owner of Vaigaon, said cotton does not require extra water, but continuous rains till September and October have caused major damage to the first crop.read more :- Increasing impact of pests on BT cotton
Insect resistance in Bt-cotton increasing: MinisterIf the government's reply in the Lok Sabha is any indication, insect resistance to Bt-cotton is increasing in India.In a written reply in the Lok Sabha on Tuesday, Union Minister of State for Agriculture and Farmers Welfare Ram Nath Thakur said that approximately 95 percent of the area under cotton cultivation is occupied by Bt cotton (Gossypium hirsutum).Although Bt cotton continues to control a major cotton pest [the American bollworm (Helicoverpa armigera)], the pink bollworm has developed resistance to the Bt protein and is becoming a major pest in all cotton-growing regions. He said that sucking pests have also been increasing in the cotton ecosystem over the past few years.Higher expenditure on pesticidesThe minister said that farmers now spend more on pesticides than during the initial phase of Bt-cotton's introduction.Citing studies on the long-term impact of Bt-cotton in India, he said that Bt-cotton technology replaced a large portion of the area under various varieties with Bt-hybrids because the technology was only available in hybrid form in India.Noting that Bt-cotton adoption has been shown to be a poor indicator of yield trends, he said it was a strong indicator of the initial reduction in pesticide use.Asked about the steps taken by the government to protect indigenous cotton varieties, Thakur said that the ICAR-Central Institute for Cotton Research (CICR), Nagpur, is involved in germplasm conservation, documentation, and utilization of wild cotton species, perennial cotton species, and indigenous cotton species.India witnessed a massive surge in cotton imports during the 2024-25 crop year (October-September). Replying to a question on cotton imports in the Lok Sabha, Union Textiles Minister Giriraj Singh said that India imported 41.39 lakh bales worth ₹11989 crore in the crop year 2024-25, while 15.19 lakh bales worth ₹5483 crore were imported in 2023-24.During the crop year 2024-25, India imported 8.56 lakh bales of cotton worth ₹2908 crore from the US. This was followed by 8.54 lakh bales worth ₹2131 crore from Brazil and 8.49 lakh bales worth ₹2367 crore from Australia.read more :- Record cotton imports in 2024-25, US top supplier
Record cotton imports in 2024-25, US biggest supplierBathinda: India's cotton imports hit a record high in 2024–25 (Oct–Sept), surging to 4.13 million bales worth Rs 11,989 crore — nearly three times the previous year's volume. The surge marked the highest import level in five years, with the US emerging as the biggest contributor, Union textiles minister Giriraj Singh said in a written reply in Lok Sabha on Tuesday, while quoting data from the Directorate General of Commercial Intelligence and Statistics.Except for 2023–24, India imported the maximum quantity of cotton from the US in the last five years. In 2024–25, the US exported 8,56,000 bales, followed by 854,000 by Brazil and 849,000 by Australia. In 2023–24, Australia remained the biggest exporter when it exported 358,000 bales, followed by 268,000 bales imported from the US. In 2022–23, the US exported a maximum of 457,000 bales; in 2021–22, it exported 773,000 bales; and in 2020–21, the USA exported a maximum of 430,000 bales to India.Even as the country witnessed a big jump in cotton imports in 2024–25, the Union govt exempted 11% import duty on cotton in 2025–26. This included 5% basic customs duty, 5% agriculture infrastructure and development cess (AIDC), and 1% social welfare surcharge, from August 19, 2025 to December 31, 2025, and it was reinstated from January 1, 2026.Farmers in Punjab said they were already facing precarious conditions, and the exemption from import duty lowered cotton prices in the local market.Due to this, the Cotton Corporation of India (CCI) made certain purchases at the minimum support price.The reply said the govt protects cotton farmers by announcing MSP, based on Commission for Agricultural Cost and Prices (CACP) recommendations, state and central inputs, and production costs, ensuring that farmers receive a minimum of 1.5 times the cost of production (A2+FL) for their produce. The Cotton Corporation of India (CCI) undertakes procurement under MSP whenever market prices fall below MSP. For the 2025–26 cotton season, CCI opened 571 procurement centres across 149 districts in 11 cotton-growing states, and procured over 9,054,000 bales so far.Duty exemptions on cotton imports ensure sufficient availability of quality raw material, supporting value addition, boosting employment, and enhancing exports, thereby generating higher indirect revenue.Lok Sabha member G Kumar Naik asked for details of cotton imported by the country and details of the top 10 importing countries during each of the last 5 years; whether the govt exempted import duties on cotton for the current financial year; whether any assessment or survey was conducted by the govt regarding the impact of cotton import duty exemption on domestic cotton farmers; the measures being proposed by the govt to protect the interest of cotton farmers while simultaneously addressing the requirements of the textile industry; and details of the impact of cotton duty exemption on govt revenue.read more :- Rupee opens 02 paise down at 90.60
Rupee opens 02 paise lower at 90.60/USD Indian rupee opened lower at 90.60 per dollar on Wednesday versus previous close of 90.58.read more :- Atul Ganatra: Impact of US-Bangladesh trade on India's textile
Radha Lakshmi Group CMD Atul Ganatra on CNBC Awaaz: How US–Bangladesh Trade Will effect India’s Textile IndustryDuring an exclusive interview with CNBC Awaaz, Mr. Atul Ganatra, CMD of Radha Lakshmi Group, shared key insights on the recently announced trade developments between Bangladesh and the USA, and their potential effects on the Indian cotton and textile industry.(SMARTINFO)Atul Ganatra highlighted that under the new trade arrangement, Bangladesh can import U.S. cotton and export finished garments to the U.S. at zero duty.This policy won’t significantly impact India’s garment and apparel exports,” he stated, “but it could affect India’s cotton and yarn trade — as Bangladesh is one of our largest buyers.(SMARTINFO)India’s Cotton & Yarn Trade Impact India exports 16–18 lakh bales of cotton to Bangladesh annually.Bangladesh also imports 45–50% of India’s total cotton yarn exports, as local spinning in Bangladesh remains less viable.* If Bangladesh shifts to U.S. cotton for its production, India’s cotton and yarn exports may see a dip.However, Atul Ganatra emphasized that the Indian garment and apparel sector remains strong, thanks to:A robust FTA with the European Union, effective from July onwards.(SMARTINFO)New trade agreements with six Gulf countries, soon to be implemented. These will provide a major boost to India’s textile exports and strengthen its global position.India’s Competitive Edge: Power & ProductionAtul Ganatra dismissed the old notion that Bangladesh enjoys lower power costs.“That’s no longer true. Today, India’s power cost is more competitive due to progressive state policies allowing captive solar and wind power for spinning and weaving mills,” he said. This has significantly reduced energy costs and improved India’s overall textile production competitiveness.(SMARTINFO)The U.S. Cotton FactorIt will take 3–4 months for U.S. cotton shipments to reach Bangladesh — including logistics and manufacturing time — meaning no immediate disruption for Indian exporters. Moreover, the clarity on the percentage of cotton that the U.S. will allow Bangladesh to import is still pending.Atul Ganatra also pointed out that the U.S. is actively seeking new cotton buyers after China reduced its imports due to a 34% tariff imposed last year.(SMARTINFO)“In the near future, India too may explore similar trade arrangements with the U.S.,” he said. “If Indian spinning and garment units source cotton from the U.S., zero-duty access could open up significant export advantages.”Despite short-term challenges in cotton and yarn exports, India’s textile and garment sector stands resilient and future-ready. With supportive trade deals, competitive power policies, and increasing global demand, the Indian textile industry is well-positioned for sustained growth.(SMARTINFO)read more :- Cotton Stock and Market Position – 31 January 2026
A SUMMARISE REPORT ON PRESENT COTTON SCENARIO (POSITION AS ON 31/01/2026) (Each bale170 kgs.)▪️Total pressing estimate during crop year 2025-2026 is estimated as 317.00 lakh bales & upto 31-01-2026 total 220.58 lakh bales have been pressed. Considering above till Jan-2026 end total availability of cotton may be assesed as 316.71 lakh bales including import of 35.00 lakh bales and Opening stock of 60.59 lakh bales.▪️Cotton consumption in this cotton season may touch 305 lakh bales and upto 31-01-2026 about 104.00 lakh bales reported as consumed. (SIS)▪️Export upto Jan 2026 end is found total 6.00 lakh bales against estimation for this season year of 15.00 lakh bales.▪️It is revealed that during current crop end total 50.00 lakh bales may be imported. Upto 31 Jan 2025 about 35 lakh bales have been arrived at different indian ports. (SIS)▪️Kepping in view the above , total available stock as on 31.01.2026 is calculated to the tune 316.17 lakh bales, consisting of opening stock, total pressing & import. (SIS)▪️As on 31 Jan 2026 stock with the mills is found to the tune of 75.00 lakh bales where as with CCI/MFED MNCS, Ginner , Treaders and Exporters it comes around 131.17 lakh bales.read more :- The rupee closed 13 paise higher at 90.58 against the dollar.
On Tuesday, the Indian rupee closed 13 paise higher at 90.58 against the dollar, after opening at 90.71.At close, the Sensex was up 208.17 points or 0.25 percent at 84,273.92, and the Nifty was up 67.85 points or 0.26 percent at 25,935.15. About 2456 shares advanced, 1605 shares declined, and 155 shares unchanged.read more :- Cotton crop affected by natural virus
Disease in cotton crop: Due to natural virus, cotton bolls are rotting and falling off.Ahilyanagar Maharashtra: Cotton bolls were rotting and bolls were falling off during the Kharif season in Ahilyanagar district. Farmers had complained that this was happening due to bad seeds. After this, the District Level Committee of the Agriculture Department, along with a team of scientists from Mahatma Phule Agricultural University, inspected the cotton crops of the complaining farmers and submitted a report. It was told that boll rot and boll shedding of cotton was not caused by bad seeds but due to the spread of a natural virus and the complaints of the farmers have been resolved.Cotton is cultivated in about 1.5 lakh hectare area in Ahilyanagar district. This year, due to continuous rains and heavy rains, Kharif crops have suffered huge losses in many areas. More than 100 farmers from Rahuri, Nevasa and Sangamner talukas had complained to the Agriculture Department that cotton growing companies had sold defective seeds. These include boll rot and cotton boll loss.According to the complaint received by the Agriculture Department, the District Level Committee of the Agriculture Department first irrigated the cotton crop of the complaining farmer and then re-investigated it in collaboration with the scientist of Mahatma Phule Agriculture University. According to information received from Agriculture Department and University scientists, this year certain varieties of cotton were more affected by different viruses.The cotton varieties of that company were more affected by the virus. Because of this, ball rot disease occurred in that variety of cotton and the cotton balls fell, causing huge losses. The scientist has given the investigation report in this regard to the Agriculture Department and more than 100 concerned farmers who complained.Heavy damage to cotton due to heavy rainsCotton crop in 2 lakh hectares has been affected due to heavy and continuous rains in the last monsoon in Ahilyanagar district. In this, rainfall reduces in the month of June. However, it starts increasing from July. In this, 8 hectares of cotton crop has been affected in July, 31.26 hectares in August and 1 lakh 71 thousand hectares in September. Because of this, farmers are saying that production has reduced this year.read more :- Lower duty on American cotton, excitement in Indian textile industry
Indian cotton textiles industry upbeat on import of US cotton at lower tariff The cotton textile industry sees a need for imports of the natural fibre at a lower cost particularly when the industry is gung-ho over the trade deal with the European Union, apart from the US. The cotton textiles industry is upbeat over the Indo-US trade deal, particularly with cotton imports likely to meet the expected demand surge for the natural fibre over the next few years.Though details of how cotton imports would be permitted are not clear, industry leaders expect the government to either follow the Australian cotton import formula or lower duty on US cotton by 50 per cent.However, the cotton textile industry sees a need for imports of the natural fibre at a lower cost particularly when the industry is gung-ho over the trade deal with the European Union, apart from the US.Output stagnation“Indian cotton production has stagnated over the past couple of years. We need quality cotton besides extra-long staple to cater to the export market. Domestic cotton prices are also higher than global cotton,” said K Venkatachalam, advisor, Tamilnadu Spinning Mills Association (TASMA).“The free trade agreement with the EU last month and the deal with the US now will likely lead to demand for cotton doubling, he said. “It is possible that India may cap the import volume for duty concession at 5-10 lakh bales (170 kg). We have to await the notification. But US cotton is the best in quality. It is contamination-free, and prices are low, too,” said Atul Ganatra, former President of Cotton Association of India (CAI). Cotton imports may be allowed duty-free from the US. “We, however, have to see the fine print,” Ram Kaundinya of Federation of Seed Industry of India (FSII), said. He said cotton production in India is inadequate due to a continuous decline in yields and production in last 5-6 years. Not introducing new technologies, Pink Bollworm attacks, etc have contributed to this situation. Options before govt“Nothing is clear now. Maybe, the government can halve the duty for US cotton from the 11 per cent it imposes generally for cotton, barring extra-long staple cotton that is duty-free. It could also permit duty-free import of US cotton up to 50,000 tonnes (about 2.95 lakh bales) as it has done for Australian cotton,” said Anand Popat, a Rajkot-based trader in cotton, yarn and cotton waste.“It looks to be a good deal with cotton textiles. It will provide an opportunity for the textile sector to flourish. Currently, imported cotton is cheaper than domestic cotton. The Cotton Corporation of India (CCI) holds at least 95 lakh bales and is offering around ₹56,500 a candy (356 kg). Imported cotton landing costs are below ₹54,000,” said Ramnuj Das Boob, a sourcing agent in Raichur and vice president of All India Cotton Brokers Association.Ganatra said the landed cost of Brazilian cotton was ₹50,000 a candy. With cotton prices on InterContinental Exchange, New York, near a 52-week low, prices could bottom out around 61 US cents a pound. “Imported cotton is about 10 per cent cheap and the textiles industry would be able to take advantage of it,” he said.This would help in at least 4 per cent better realisation in yarn prices. Again, when the industry would be needing cotton between June and September, imports from the US and Australia would help, said Ganatra. Kaundinya said India has to import cotton anyway. “So that should not create any additional problem if we import cotton from US without any duty,” he said. Imports set to doublePopat said duty-free imports could lead to better consumption of yarn in the domestic market. Currently, only 65 per cent of the yarn produced is being utilised. “This could increase with more cotton coming into the country as fabric and garment manufacturers will procure more domestically,” he said.Ganata expects cotton imports to double during the current cotton season to September.The industry is optimist of sustainable mills growth and the lowering of import duty would go a long way in getting the raw material at a lower cost.read more :- Rupee opened 05 paise stronger at 90.71 per dollar
Rupee opens 05 paise up at 90.71/USD Indian rupee opened higher at 90.71 per dollar on Tuesday versus previous close of 90.76.read more :- CAI demands zero duty on ELS cotton
Zero duty on ELS cotton to boost textiles exports, says CAIThe Indian government’s decision to move extra long staple (ELS) cotton to the First Schedule, effectively reducing customs duty to zero, is expected to boost India’s high-value textile and apparel exports, according to the trade body Cotton Association of India (CAI). The Budget 2026-27 has moved ELS cotton to the First Schedule (zero customs duty).Vinay N Kotak, Chairman, CAI said the Budget is designed as a futuristic, growth-oriented blueprint, aimed at establishing India as a global manufacturing hub and securing its position as the world’s third largest economy.“One of the important changes in the Customs Schedule, which is aimed at providing relief to enable manufacturing is to move Extra Long Staple Cotton to First Schedule (zero Customs Duty). This will boost exports of our finished textile products and increase India’s share in the world textile markets,” Kotak said in a statement. India imports around 5-7 lakh bales of ELS cotton mainly from USA and Egypt, he said.Improving accessCotton with fibre length of 33 mm and above is called ELS cotton, a key input for manufacturing premium yarns, fine fabrics and high-end garments. Since domestic production of ELS cotton is limited, Indian textile manufacturers depend on imports to meet quality requirements for export markets. The removal of import duty is expected to lower raw material costs and improve access to high-quality fibre, enhancing the global competitiveness of Indian exporters.The ELS cotton is grown in approximately 2 lakh hectares, predominantly under the DCH-32 variety in parts of Karnataka such as Dharwad, Haveri and Mysuru districts, also in Coimbatore, Erode and Dindigul in Tamil Nadu and in Ratlam in Madhya Pradesh.read more :- Last date for cotton MSP purchase 10 February
Cotton purchase at support price till 10th FebruaryHanumangarh Cotton will be procured by Cotton Corporation of India (CCI) at support price till February 10. In this regard, Director of Agricultural Marketing Department, Jaipur, Rajesh Kumar Chauhan has issued a letter to the regional joint directors and deputy directors of the department.Instructions have been given in the letter that all the cotton farmers registered on Cotton Kisan Mobile App of Cotton Corporation of India should be made aware to book slots and sell their cotton before the last date of purchase. Also, it has been asked to ensure that farmers can sell their cotton before February 10.
The Indian rupee lower 21 paise to close at 90.76 per dollar on Monday, compared to its opening price of 90.55 in the morning.At close, the Sensex was up 485.35 points or 0.58 percent at 84,065.75, and the Nifty was up 173.60 points or 0.68 percent at 25,867.30. About 3003 shares advanced, 1181 shares declined, and 152 shares unchanged.read more :- CITI welcomes tariff cut, clarity on cotton
| title | Created At | Action |
|---|---|---|
| Farmers in trouble due to increase in cotton imports | 12-02-2026 19:51:31 | view |
| Textile industry affected by rising waste cotton prices | 12-02-2026 18:42:25 | view |
| CCI buys cotton worth ₹11,800 crore from Telangana | 12-02-2026 18:14:32 | view |
| Rupee opened 21 paise stronger at 90.49 per dollar | 12-02-2026 17:29:09 | view |
| Rupee weakens against dollar, falls 10 paise to close at 90.70. | 11-02-2026 22:46:47 | view |
| CAI: Impact on India due to US-Bangladesh deal | 11-02-2026 20:07:57 | view |
| Cotton Corp cuts fiber prices by 3% | 11-02-2026 19:39:50 | view |
| Cotton arrivals affected due to fall in production in Wardha | 11-02-2026 19:08:26 | view |
| Increasing impact of pests on BT cotton | 11-02-2026 18:57:59 | view |
| Record cotton imports in 2024-25, US top supplier | 11-02-2026 18:25:02 | view |
| Rupee opens 02 paise down at 90.60 | 11-02-2026 17:24:33 | view |
| Atul Ganatra: Impact of US-Bangladesh trade on India's textile | 10-02-2026 23:43:38 | view |
| Cotton Stock and Market Position – 31 January 2026 | 10-02-2026 23:30:59 | view |
| The rupee closed 13 paise higher at 90.58 against the dollar. | 10-02-2026 22:40:49 | view |
| Cotton crop affected by natural virus | 10-02-2026 19:24:49 | view |
| Lower duty on American cotton, excitement in Indian textile industry | 10-02-2026 18:30:16 | view |
| Rupee opened 05 paise stronger at 90.71 per dollar | 10-02-2026 17:35:18 | view |
| CAI demands zero duty on ELS cotton | 10-02-2026 00:39:11 | view |
| Last date for cotton MSP purchase 10 February | 10-02-2026 00:27:58 | view |
| Rupee fell 21 paise to close at 90.76 per dollar | 09-02-2026 22:42:05 | view |
