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Rupee Opens 21 Paise lower at 85.91 Against Dollar in Early TradeIndian rupee opened 21 paise weak at 85.91 per dollar on Thursday against Wednesday's close of 85.70.read more :-India has sufficient cotton supply for upcoming season: COCPC

COCPC Confirms Adequate Cotton Supply for India in the Upcoming SeasonIndia will have an adequate cotton supply for the upcoming season, according to the Cotton Season 2024-25 Committee on Cotton Production and Consumption. The announcement followed a committee meeting chaired by Roop Rashi, textile commissioner at the Ministry of Textiles, where industry stakeholders reviewed production, trade, and quality improvement efforts.Speaking at a media briefing, Rashi highlighted the importance of increasing cotton yield per acre and enhancing processing quality to strengthen India’s position as a key supplier in the global market, Apparel Resources India reported. “The objective is to improve productivity so that foreign companies procuring cotton from India at any stage in the value chain become long-term buyers,” said Rashi.The meeting was attended by representatives from both the central and state governments, the textile industry, the cotton trade, and the ginning and pressing sector. Discussions covered state-wise trends in cotton area, production, imports, exports, and domestic consumption. Lalit Kumar Gupta, chairman-cum-managing director of The Cotton Corporation of India Limited, detailed government initiatives aimed at boosting productivity, including the Akola Model, which promotes high-yield agricultural practices.The committee concluded that current production levels, coupled with import and export trends, will ensure sufficient raw material supply for the textile sector in the coming season. Ongoing assessments will continue to address industry needs and maintain the cotton sector’s growth trajectory.read more :- Indian Rupee lower 3 Paisa, Ends at 85.70 per Dollar

Rupee Weakens by 3 Paisa, Ends at 85.70 per DollarThe Indian rupee on wednesday lower 3 paise to close at 85.70 per dollar, while it opened at 85.67 in the morning.The Indian headline indices, Sensex and Nifty, ended the trading session on a negative note today. The Sensex closed at 77,228.28, down 1.01%, while the Nifty settled at 23,486.85, down 0.77%.read more :-Indian rupee opens 9 paise higher at 85.67 against US dollar

In relation to the US dollar, the rupee opens 9 paise lower at 85.67.Indian rupee opened higher at 85.67 per dollar on Wednesday versus Tuesday's close of 85.76.read more :-Total Bales Sold by CCI This Season to Date

TOTAL BALES SOLD BY CCI DURING THIS SEASON TILL DATE Approximately total 22,94,000 bales have been sold by the Cotton Corporation of India (CCI) from October 1, 2024, to March 21, 2025. out of it about 11,18,000 bales sold of 2023-24 season, while 11,76,000 bales sold pertaining to 2024-25 season.Further it may be noted that 11,59,300 bales sold in the trader session where as 11,34,700 bales sold in the mills session. (These figures are provisional and subject to change.)read more :-India’s Cotton Output Hits 7-Year Low, Imports Rise Sharply

India’s Cotton Conundrum: Falling Output, Rising ImportsIndia’s cotton production for the 2024–25 season is estimated at 295.30 lakh bales (170 kg each), the lowest in seven years and a major drop from last year’s 327.45 lakh bales. This reflects a decade-long downtrend, driven by stagnation in technological advancement, particularly the absence of new GM cotton approvals since 2006, and rising pest resistance. For the first time in years, India is expected to become a net importer, with imports projected at 3 million bales—surpassing exports of just 1.7 million. Global production stands at 121 million bales with tight ending stocks, keeping cotton prices firm on bullish fundamentals.Key Highlights# India’s 2024–25 cotton output falls to 295.30 lakh bales, a 7-year low.# Cotton imports are expected to surpass exports for the first time in years.# US cotton exports to India are likely to rise after import duty removal.# Global production pegged at 121 million bales; consumption at 116.5 million.# Cotton prices are seen bullish amid tight supply and strong global cuesCotton prices are expected to trend bullish in the coming months, supported by tightening supply in India and firm international markets. Domestic production for 2024–25 has dropped to 295.30 lakh bales—down from 327.45 lakh bales last season—marking a seven-year low and continuing a long-term downtrend. Contributing factors include stagnation in biotechnology advancements, with no new GM cotton hybrids approved since 2006, and the increasing pest resistance in current BT varieties.This season also marks a pivotal shift in India’s trade balance. Cotton imports are projected at 3 million bales, overtaking exports for the first time in years, which are expected at only 1.7 million bales. In contrast, India had exported as much as 13 million bales in 2011–12. The removal of the 11% import duty on raw cotton is expected to accelerate imports, particularly from the United States. In 2024 alone, the US shipped cotton worth $210.7 million to India, supporting India’s robust textile and apparel exports, valued at $10.8 billion to the US this year.Globally, the USDA estimates world cotton output at 121 million bales and consumption at 116.5 million bales, with global ending stocks reduced to 78.3 million bales. While Brazil and Turkey are expected to raise exports, declines from Australia and Egypt may balance the flow. With ICE (NYSE:ICE) cotton futures showing firmness and textile demand gradually recovering, market sentiment remains optimistic.FinallyWith falling domestic output, rising imports, and strong global cues, cotton prices are likely to remain firm, supported by tight supply and recovering demand.read more :-INR Declines by 18 Paise, Closed at 85.76 Against the Dollar

The Indian rupee on tuesday lower 18 paise to close at 85.76 per dollar, while it opened at 85.58 in the morning.At close, the Sensex was up 32.81 points or 0.04 percent at 78,017.19, and the Nifty was up 10.30 points or 0.04 percent at 23,668.65. About 1019 shares advanced, 2868 shares declined, and 107 shares unchanged.read more :-Cotton production expected to be lower than last year

Production of cotton is anticipated to be lower than it was last year.Cotton production is expected to be 295 lakh bales in the current cotton season ending in September 2025, as against 325 lakh bales in the previous season.A meeting of the Cotton Production and Consumption Committee held on Monday said that imports this season will be 25 lakh bales (16 lakh bales in 2023-2024) and exports will be 18 lakh bales. Cotton consumption by the domestic textile industry is expected to be 302 lakh bales, which will be about seven lakh bales less than the previous season.Textile and apparel exports have picked up and hence the demand for yarn is high now. S.K. Sundararaman, president of the South India Mills Association, said the government should remove import duty on cotton so that textile mills can get adequate quantity of cotton between August and November this year.read more :-Rupee opens 5 paise higher at 85.58 against US dollar

The rupee opens 5 paise higher versus the US dollar at 85.58.Indian rupee opened higher at 85.58 per dollar on Tuesday versus Monday's close of 85.63.read more :-Indian Rupee higher 31 Paisa, Ends at 85.63 per Dollar

Rupee Strengthens 31 Paisa Against Dollar, Closes at 85.63The Indian rupee on monday higher 31 paise to close at 85.63 per dollar, while it opened at 85.94 in the morning.At close, the Sensex was up 1,078.87 points or 1.40 percent at 77,984.38, and the Nifty was up 307.95 points or 1.32 percent at 23,658.35. About 2371 shares advanced, 1602 shares declined, and 153 shares unchanged.read more :-PAU to promote indigenous varieties to revive cotton crop in Malwa region of North India

In the Malwa region of North India, PAU will support native cultivars to revitalize the cotton production.To revive the traditional cotton crop, the Punjab Agricultural University (PAU) plans to promote desi or indigenous high-yield varieties as a part of the crop diversification plan.PAU vice-chancellor Satbir Singh Gosal said that the desi cotton is commercially viable in the medical sector, resistant to the deadly attacks of the whitefly and highly suitable amid the changing climatic patterns.“PAU recommends three varieties, LD 949, LD 1019 and FDK 124, for sowing. Another variety, PBD 88, has completed the first phase of the trial and is likely to be released in the next kharif season. From this year, agriculture extension teams will sensitise farmers of the semi-arid region about desi cotton, and seeds will be provided to them. From next season, seed production will be multiplied to encourage farmers to come back to cultivating the natural fibre,” he said.VC, who heads the interstate consultative and monitoring committee, a panel of experts for the promotion of cotton in Punjab, Haryana and Rajasthan, said that indigenous varieties are economically sustainable.Gosal clarified that the promotion of desi cotton varieties is not aimed at replacing BT cotton but at diversifying cultivation of the natural fibre that is a traditional economical lifeline of the southwest districts.“After pest attacks and other factors, last year, cotton acreage was lowest ever as several growers switched to growing paddy. It is a worrying trend that cotton growers in the southwest region used brackish water for rice cultivation, which will adversely impact the soil quality if cotton is not pushed again,” added the VC.Paramjit Singh, crop breeder at the PAU’s regional research station (RRS) in Bathinda and lead scientist behind developing PBD 88, said that the desi cotton varieties have a natural resistance to whitefly and pests causing leaf curl disease.“The optimum yield of BT Cotton is 10-12 quintals per acre, and the field trials of PBD 88 conducted at the PAU research farms in Bathinda, Abohar and Faridkot for the last three kharif seasons showed that its production was not less than the hybrid. This year, the PAU extension teams will rope in farmers to sow the variety for final feedback before selling the seeds from next year,” he said.RRS director Karamjit Singh Sekhon said that data revealed that about 15 years ago, out of the average area of 5 lakh hectares under cotton, nearly 10% was under the desi varieties.“But in the last decade, acreage of desi cotton has sunk drastically, and we are working to promote it in a planned manner. Unlike hybrids like BT, farmers can use seeds of desi cotton every year, thus reducing the cost input and it will ensure that farmers are sowing their genuine seeds,” he said.read more :-Experts push for AI & technology as India’s cotton output declines