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Surge in Cotton Prices Driven by Monsoon Delay and Global RallyThe Indian cotton market has witnessed a recent rally due to strengthening cotton futures in the international market and the sluggish progress of the monsoon in key cotton-producing regions. Industry experts attribute the support for domestic prices to global cues and delays in sowing.Over the past few days, cotton prices set by the Cotton Corporation of India (CCI) have risen by approximately ₹1,100 per candy (356 kg). According to Ministry of Agriculture data, cotton sowing across the country dropped by 25 percent to 17.13 lakh hectares by June 19, compared to 22.82 lakh hectares during the same period last year. Sowing has been affected in several regions due to the delayed arrival of the monsoon.Atul Ganatra, Chairman of the Crop Committee at the Cotton Association of India (CAI), stated that the rally in the international market is the primary reason for the price hike. ICE December cotton futures have risen from 75 cents per pound to nearly 80 cents per pound, while July futures are trading at around 76 cents per pound.Arun Khetan, a cotton broker from Akola, noted that large-scale sowing has not yet commenced in major cotton-producing regions like Vidarbha. However, some farmers with irrigation facilities have already completed sowing. He projected a potential 10 percent increase in the total cotton acreage this year.Ramanuj Das Boob, a sourcing agent from Raichur, stated that market strength persists due to uncertainty regarding the monsoon and production levels. He noted that while cotton prices have risen, yarn prices have not increased proportionately.Meanwhile, demand for CCI cotton remains robust; approximately 7 lakh bales were sold last week. According to industry experts, the domestic market is being supported by the limited availability of high-quality cotton, dwindling stocks, and sustained buying by spinning mills.read more :- Rupee Opens 1 Paisa Lower at 94.69 Against Dollar

The rupee opened 1 paisa lower at 94.69 against the USD.On Tuesday, the Indian rupee opened 1 paisa lower at 94.69 against the dollar, whereas it had closed at 94.68 on Monday.READ MORE :- Monsoon Revives; Heavy Rain Alert Issued

Monsoon Gains Momentum; Activity Increases from Maharashtra to Central India; Heavy Rain Alert for Several StatesMumbai, June 22: After a hiatus of nearly two weeks, the Southwest Monsoon has regained momentum. Weather conditions have now become favorable for its advance towards Central India. According to the India Meteorological Department (IMD), the monsoon has reached parts of Maharashtra, Telangana, and Chhattisgarh, as well as the remaining areas of Karnataka. It is likely to become active across several parts of central and western India, including Mumbai, in the coming days.The monsoon is crucial for India's economy and agriculture. Rainfall between June and September accounts for approximately 70 percent of the country's total annual precipitation. With nearly half of the agricultural land lacking irrigation facilities, monsoon rains are considered a lifeline for farmers.According to the weather department, the monsoon's progress in Maharashtra had slowed for about two weeks due to the influence of Western Disturbances, but conditions are now changing. The monsoon is expected to advance further into central parts of Maharashtra, Chhattisgarh, Telangana, and Odisha this week. Rainfall activity is projected to intensify along the west coast and in Karnataka and Telangana next week.The IMD has issued warnings for heavy rain, thunderstorms, and lightning strikes across several states. Heavy rainfall is predicted for parts of Northeast India, the west coast, and South India. Intense rain is likely in Arunachal Pradesh, Assam, Meghalaya, Nagaland, Manipur, Mizoram, Tripura, Sikkim, Karnataka, Kerala, Konkan-Goa, and Telangana.Thunderstorms accompanied by strong winds are forecast for Delhi-NCR, Haryana, Punjab, Madhya Pradesh, Maharashtra, Rajasthan, Chhattisgarh, and Odisha. Delhi is likely to experience cloudy skies and light rain between June 22 and 25, which may bring relief from the heat and humidity. The monsoon is expected to reach Delhi between June 25 and 30.However, the country has recorded about 42 percent less rainfall than normal during the first 21 days of June. The Meteorological Department has warned that areas experiencing heavy rainfall could face situations such as waterlogging, traffic disruptions, power supply interruptions, and damage caused by strong winds.read more :- The rupee lower by 33 paise against the dollar to close at 94.68

On Monday the Indian Rupee lower by 33 paise to close at 94.68 against the US dollar, after opening at 94.35 in morning trade.At close, the Sensex was up 291.17 points or 0.38 percent at 77,094.07, and the Nifty was up 89.80 points or 0.37 percent at 24,102.90. About 2500 shares advanced, 1688 shares declined, and 179 shares unchanged.read more :- MP Offers Free Property Registration, Cuts Cotton Fee

Free property registration for 4.8 million people under SVAMITVA scheme; cotton market fee halvedProviding major relief to over 4.8 million (48 lakh) plot holders under the SVAMITVA scheme, the Madhya Pradesh government has issued an ordinance completely waiving panchayat cess, stamp duty, and registration fees. Following this decision, eligible beneficiaries will be able to register their properties free of cost. The government may also introduce a bill regarding this in the upcoming monsoon session.The 'SVAMITVA Record of Rights Execution and Registration Scheme-2026' was approved during a cabinet meeting chaired by Chief Minister Dr. Mohan Yadav. The scheme aims to register the 'Records of Rights' prepared under the SVAMITVA scheme, thereby facilitating plot holders in rural areas to obtain bank loans against their properties. This will enable beneficiaries to secure financial assistance for home construction, agricultural activities, self-employment, and small businesses. According to the government, this decision will strengthen the economic status of lakhs of rural families in the state. The scheme will entail a financial burden of approximately ₹3,800 crore on the state government.To implement this decision, the Panchayat and Rural Development Department and the Registration Department have issued separate notifications. A high-level committee, chaired by the Commissioner of Land Resource Management, will be constituted to oversee the scheme's implementation, formulate guidelines, and conduct periodic reviews. A sum of ₹10 crore has also been sanctioned at the state level for the scheme's publicity and public awareness activities.Meanwhile, the state government has reduced the market fee (mandi fee) on cotton from 1 percent to 0.50 percent. Under the new arrangement, a market fee of only 50 paise will be charged for every ₹100 of the cotton's value. The government believes this will directly benefit the state's approximately 158 ginning mills. Lowering industrial costs will enhance competitiveness and curb the migration of industries to neighboring states, such as Maharashtra. Meanwhile, the standard market fee in agricultural produce markets has been raised from 1 percent to 1.50 percent. The government estimates an additional revenue of approximately ₹500 crore from these new rates. This amount will be utilized for the development of cold storage facilities, warehouses, processing units, and logistics infrastructure. A portion of the increased fee will also be spent on farmer welfare, agricultural research, the road fund, and agricultural infrastructure development.read more :- Cotton Prices Hit ₹2036 in Gujarat

Gujarat - Historic jump in the price of 'white gold' cotton, price reached Rs 2036 per 20 kgThere is a continuous rise in the prices of cotton, due to which the faces of the farmers are happy. In Savarkundla Marketing Yard of Amreli district, the price of good quality cotton has reached Rs 2036 per 20 kg, while normal quality cotton is being sold between Rs 1700 to 1800 per 20 kg.According to Mukeshbhai Trivedi, Secretary of Savarkundla Marketing Yard, cotton prices have been continuously improving for the last few years. At present, due to less arrival of cotton in the market, competition for purchasing among traders has increased, which has strengthened the prices.Cotton is a globally traded crop, so its prices are influenced by international market conditions. In many parts of the world, supply-related challenges, trade uncertainties and strength in global demand are being considered the main reasons for the current rise. Its positive effect is clearly visible in the local markets also.According to market sources, the stock of cotton with big traders is limited. At the same time, cotton is being brought directly to the market by the farmers. Earlier, the availability of cotton in the open market had reduced due to large-scale purchases by the Cotton Corporation of India (CCI). Due to this, at present the arrivals in the markets remain limited.Despite reduced arrivals, the demand from mills and traders remains constant. The widening gap between demand and supply has pushed cotton prices to new highs. At present, the average price of cotton in the mandis of Amreli and Savarkundla is being recorded between Rs 1800 to Rs 2000 per 20 kg, while better quality cotton is getting even higher prices.Agricultural experts believe that if the arrival of cotton remains limited and the demand in the global market remains strong, then further increase in prices is possible in the coming time. However, factors like export demand, international market conditions and local arrivals will play an important role in determining future prices.The current prices are proving profitable especially for those farmers who have not yet sold their cotton stocks. The rising prices of cotton have brought relief and hope of better income to the farmers of Amreli district.read more :- Rain Delay Raises Resowing Fears in Maharashtra

Crisis Looms Over Kharif Sowing in Maharashtra: Farmers in Maregaon and Dharur Anxious; Risk of Resowing if Rains FailThe onset of the Kharif season has become a cause for concern for farmers across several parts of Maharashtra. Farmers in the Maregaon and Dharur talukas, who sowed cotton, soybean, and other Kharif crops relying on early rains, are now facing difficulties due to a lack of adequate rainfall. If substantial rain does not occur in the coming days, many areas may face the prospect of resowing (double sowing).Farmers had commenced large-scale sowing following light rains at the beginning of the Mrig Nakshatra. In Maregaon, approximately 50 to 60 percent of farmers have completed cotton sowing, while in Dharur taluka, Kharif crops have been sown across nearly 17,000 hectares so far. The total area expected to be sown with Kharif crops in Dharur this year is 41,000 hectares, with cotton and soybean being the primary crops.Farmers had hoped that the monsoon would remain active after the initial showers; however, the lack of consistent, adequate rainfall post-sowing is causing soil moisture levels to deplete rapidly. Seed germination is being affected in many places, and where plants have already sprouted, they urgently require water to survive. Rising temperatures and drying soil have further heightened the farmers' anxiety.In Maregaon, limited irrigation facilities mean that most farming relies entirely on rainfall. Consequently, any further delay in rain could cause the seeds to fail due to moisture loss, forcing farmers to resow. In Dharur, crops in areas with shallow or light soil are at the greatest risk. According to agricultural officials, crops in fields that still retain some moisture might survive for a few more days, but the risk of resowing will increase significantly if there is no rain within the next three to four days.This situation has also placed increased financial strain on the farmers. Amidst the burden of expensive seeds, chemical fertilizers, and rising cultivation costs, farmers had sown their crops on time, hoping for a good yield. However, the erratic monsoon now appears to be dashing those hopes. While excessive rainfall and crop damage posed a major challenge for farmers last year, a lack of rain and insufficient soil moisture have emerged as a new crisis this year.Janardan Bhagat, the Taluka Agriculture Officer of Dharur, explained that farmers rushed to sow their crops due to the limited rainfall received during the Mrig Nakshatra period. Given the current situation, if substantial rainfall does not occur soon, farmers in several areas may face the prospect of having to sow their crops all over again. Consequently, farmers across both talukas are now anxiously awaiting the next spell of monsoon rain.read more :- State-wise CCI Cotton Sales Cross 78.63 Lakh Bales

State-wise CCI Cotton Sales Details – 2025-26 SeasonThe Cotton Corporation of India (CCI) Increased its cotton candy prices by upto ₹800 per candy during this week . CCI has sold approximately 78,63,800 cotton bales for the 2025-26 season. Sales are highly concentrated in a few major cotton-producing states, Maharashtra, Telangana and Gujarat emerging as the leading contributors.

The rupee opened 3 paise lower at 94.35 against the US dollar.On Monday, the Indian rupee opened 3 paise lower against the dollar at 94.35, whereas it had closed at 94.32 on Friday.READ MORE :- CCI Raises Cotton Prices, Weekly Sales Surge

CCI Sells Over 7.78 Lakh Bales in Weekly Auctions, Increases Cotton Prices by ₹800 per CandyThe Cotton Corporation of India (CCI) increased its cotton selling prices by ₹800 per candy during the week ended June 19, 2026. Strong participation from textile mills and cotton traders was witnessed in the auctions, resulting in total weekly sales of about 7,78,500 bales from the 2025–26 crop season.Day-wise Auction PerformanceJune 15, 2026 (Monday):CCI recorded total sales of 15,300 bales during the day. Mills purchased 9,100 bales, while traders lifted 6,200 bales.June 16, 2026 (Tuesday):Total sales rose to 67,900 bales. Mills accounted for purchases of 23,200 bales, whereas traders bought 44,700 bales.June 17, 2026 (Wednesday):CCI sold 2,34,500 bales during the day. Mills purchased 97,600 bales, while traders lifted 1,36,900 bales.June 18, 2026 (Thursday):The highest sales of the week were recorded on Thursday, with total auction sales reaching 2,53,200 bales. Mills led the buying activity with purchases of 1,31,400 bales, while traders bought 1,21,800 bales.June 19, 2026 (Friday):The week concluded with total sales of 2,07,500 bales. Mills purchased 1,14,000 bales, while traders remained active with purchases of 93,600 bales.Cumulative Sales UpdateWith the latest auctions, CCI's cumulative cotton sales for the 2025–26 season have reached 7,78,500 bales.

Strong Ties with BRICS Can Propel India's Textile Exports to New HeightsGrowing economic cooperation with BRICS nations could create new opportunities for India's textile and apparel exports. In FY2024, India's textile and apparel exports to BRICS countries rose to ₹36,535 crore (US$3.87 billion), though they dipped slightly to ₹34,647 crore (US$3.67 billion) in FY2025. Meanwhile, imports in this sector from BRICS nations increased by 6.9% to reach ₹36,854 crore (US$3.90 billion), highlighting the group's role as a crucial trading partner for India.According to a study by the ASSOCHAM Global Strategy and Research Center, India can significantly boost exports to member nations under the 'BRICS Plus' framework, leveraging its expanding manufacturing capacity and competitiveness. The report notes that India is among the world's fastest-growing major economies, having recorded an average annual economic growth rate of over 7% during the FY2021–FY2026 period.ASSOCHAM believes that deeper cooperation in areas such as trade and investment, supply chain integration, industrial collaboration, the digital economy, green growth, and customs coordination could further strengthen economic ties among BRICS nations. This would enable the group to play a more influential role in the global economic order.India's total exports to BRICS countries reached approximately US$96 billion in FY2026. The Chamber estimates that with appropriate policy support and robust South-South cooperation, this figure could exceed US$200 billion by 2030. The report identifies textiles, leather, engineering products, pharmaceuticals, automobiles, chemicals, electronics, and food products as key sectors with high export potential.read more :- Clouds Raise Monsoon Hopes in Indore