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Know what is the status of cotton import and export in VietnamVietnam is one of the major countries in which the Indian cotton industry is associated with the import and export of cotton. Any changes that take place in Vietnam regarding cotton import and export have an impact on the Indian industry as well. Let us know the current status of cotton import and export industry in Vietnam.According to a recent report based on CCF Imports and Exports, cotton imports in Vietnam declined by 23.8 percent year-on-year in May, while it increased by 24.1 percent on a month-on-month basis, according to the same report. and now it has increased to 1,20,400 tonnes. While looking at the yarn data, the report says that yarn imports have registered a growth of 9.1 percent on a month-on-year basis and 22.4 percent on a month-on-month basis. Looking at yarn exports, there has been a decline of 18.3 percent year-on-year and 6.7 percent month-on-month, respectively. In contrast, clothing imports grew by 5.9 per cent year-on-year and 9.9 per cent month-on-month.Vietnam's textile and apparel exports grew 23.2 percent year-on-year and 0.6 percent month-on-month. Compared to April, apparel exports declined 3.6 percentage points year-on-year this month and 2.7 percent month-on-month.report conclusionThe conclusion of this CCF report is that Vietnam's textile and apparel exports showed positive growth in May. However, there has been a decline in year-on-year and month-on-month as compared to April. The profits of Vietnamese cotton yarn mills have also declined due to rising cotton prices.At a glance, understand this report of May like this- Decline in cotton importsYarn import boom- Decline in yarn exports- Increase in textile exports

Chinese yarn profit recovers after cotton price fallsDuring the period from June 20- June 24, the Zhengzhou market declined sharply by 1000 yuan/mt. The significant reason behind is the macro environment. Under the macro sentiments all the global recessions got intensified. In both Chinese and International markets, the prices of commodities got lowered down.The major affecting factor for cotton futures decline is mainly the macro sentiment. Ice cotton futures tumbles which in result weakens the Chinese cotton market.It is also heard that the Chinese government may sell imported cotton and purchase Xinjiang cotton, with a reserving volumekt.

Sensex falls by 189 points as soon as it opensToday the stock market opened with a fall. Today the BSE Sensex fell by about 189.31 points and opened at the level of 52971.97 points. On the other hand, the Nifty of NSE opened at a level of 15779.30 points down by 52.70 points.Rupee collapses against dollar, opens weak by 23 paiseRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 23 paise at Rs 78.57 against the dollar. At the same time, on Monday, the rupee closed at Rs 78.34 with the strength of 1 paise against the dollar.

All India Weather Forecast for June 28, 2022Countrywide weather systemsA low pressure area has formed over the Arabian Sea, southeast of Gujarat. The associated cyclonic circulation is extending up to the middle troposphere level.The Offshore Trough is extending from South Gujarat Coast to North Kerala Coast.A Cyclonic Circulation is persisting over Northwest Rajasthan and adjoining area.From the cyclonic circulation over Northwest Rajasthan, the East West Trough is extending up to West Central Bay of Bengal crossing East Rajasthan, Madhya Pradesh, Chhattisgarh and South Odisha.A Cyclonic Circulation is persisting over South Chhattisgarh and adjoining region.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain occurred at isolated places over Sikkim, Sub-Himalayan West Bengal, parts of Assam, Arunachal Pradesh, Coastal Andhra Pradesh, Goa, Konkan and Goa Goa and South Madhya Pradesh. Light to moderate rain accompanied by heavy rain at one or two places.Light to moderate rain occurred over Gangetic West Bengal, parts of Uttarakhand, Andaman and Nicobar Islands, Telangana, Coastal Karnataka, Lakshadweep, Kerala and parts of Gujarat.Light rain occurred at one or two places over Odisha, remaining parts of Kerala, remaining parts of Madhya Pradesh, Himachal Pradesh, Uttar Pradesh, Jharkhand and scattered rain over Chhattisgarh.Weather activity likely during next 24 hoursConditions are becoming favorable for further advance of Monsoon into some parts of Bihar, Uttar Pradesh, parts of Gujarat, Rajasthan, remaining parts of Madhya Pradesh and Uttarakhand in next 2 to 3 days.During the next 24 hours, isolated light to moderate rain with isolated falls over Sub-Himalayan West Bengal, Sikkim, Assam, Meghalaya, Arunachal Pradesh, Konkan and Goa, some parts of Coastal Karnataka, some parts of Gujarat, Interior Maharashtra, South Madhya Pradesh Heavy rain may occur at places. Heavy rain is possible at two places over Telangana, South Chhattisgarh, Odisha, Andaman and Andaman and Nicobar Islands and Uttarakhand.Light to moderate rain is possible over rest of Northeast India, parts of Bihar, Odisha, West Madhya Pradesh, parts of East Rajasthan, Saurashtra and Kutch, Telangana, Coastal Andhra Pradesh, Kerala and Lakshadweep.Light rain is possible at one or two places over Tamil Nadu, Jharkhand, Gangetic West Bengal and Himachal Pradesh and Uttar Pradesh.

Rupee closed at 78.34 against the dollar today evening with no change.Indian rupee ended flat at 78.34 per dollar against Friday's close of 78.34.Today the share market closed sharply.The Sensex closed up 433.30 points or 0.82% at 53,161.28 and the Nifty gained 132.70 points or 0.85% at 15,832.

Rupee opens 10 paise stronger against dollarRupee opened strongly against the dollar in the foreign exchange market today. Today the rupee opened with a strength of 10 paise at Rs 78.24 against the dollar. At the same time, on Friday, the rupee closed at Rs 78.34 with a weakness of 4 paise against the dollar.Stormy rise in Sensex, open up 620 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 620.20 points to open at the level of 53348.18 points. On the other hand, the Nifty of NSE opened with a gain of 185.50 points at the level of 15884.80 points.

All India Weather Forecast for June 27, 2022Countrywide weather systemsA trough is extending from South Gujarat to North Kerala Coast.A cyclonic circulation can be seen over the western part of Rajasthan at low levels.Another cyclonic circulation lies over East-central Arabian Sea off Maharashtra coast.A cyclonic circulation over North Interior Odisha and adjoining region.Weather movement across the country during the last 24 hoursDuring the last 24 hours, light to moderate rain with isolated heavy to very heavy falls occurred over Konkan and Goa.Light to moderate rain occurred at one or two places over Meghalaya, East Assam and Arunachal Pradesh and over Chhattisgarh.Light to moderate rain occurred over Andaman and Nicobar Islands, Coastal Karnataka, Kerala, Marathwada, Madhya Maharashtra, South Gujarat, Coastal Andhra Pradesh, Gangetic West Bengal, remaining parts of Chhattisgarh and Sikkim.Light rain occurred at one or two places over Tamil Nadu, Lakshadweep, Rayalaseema, Bihar, Jharkhand and Uttarakhand.Weather activity likely during next 24 hoursDuring the next 24 hours, one or two over Sub-Himalayan West Bengal, Sikkim, Assam, Meghalaya, Arunachal Pradesh, Andaman and Nicobar Islands, Coastal Karnataka, Konkan and Goa and Interior Maharashtra, Telangana, Southwest Madhya Pradesh and Gujarat. Light to moderate rain is possible at two places.Light to moderate rain is possible over rest of Northeast India, parts of Bihar, Jharkhand, Chhattisgarh, Gujarat region, Uttar Pradesh, Uttarakhand and parts of Kerala.Light rain is possible at one or two places over Tamil Nadu, Telangana, Coastal Andhra Pradesh and East Rajasthan.

Know how this week was for textile investorsHave a look at the stock report of major textile companies from June 20 to June 26For the last few months, there was a downtrend in the stock market, which also affected the investors of textile companies. But the last week can be said to be a mixed response for textile investors. In fact, this time there was a slight decrease in the share value of almost all the companies as compared to last month, but there was a positive change in the market cap of the companies. Let's know how the report of major textile companies was on the platform of BSC -Vardhman TextileCurrent Prize - 277.05Lowest Prize - 245.50Highest Prize - 281.35Movement - 10.78 percentArvind LimitedCurrent Price - 89.50Lowest Prize - 82.00Highest Price- 91.75stir-4.07 percentWelspun LimitedCurrent Price- 74.10Lowest Prize-67.05Highest Price - 74.55Movement-6.54 percentNitin Spinners LimitedCurrent Price - 207.85Lowest Prize - 182.10Highest price-210.00stir- 3.98Akshita Cotton LimitedCurrent Price – 194.90Lowest Price- 205.80Highest Price - 170.65stir-8.28%Raymond LimitedCurrent Price-854.60Lowest Prize-797.00Highest Prize-895.20Movement- -3.33 percent

Today evening the rupee closed with a weakness of 5 paise at Rs 78.34 against the dollar.Sensex rises, closes by 462 pointsToday the stock market closed sharply.Today, where the Sensex rose by about 462.26 points, closed at the level of 52727.98 points.On the other hand, Nifty closed at the level of 15699.30 points with a gain of 142.60 points.  

Cotton cultivation will be done in 70 lakh acres in TelanganaDue to the rapid jump in the prices of cotton, cotton remains the first choice of farmers this Kharif season. This time the area under cotton has increased in almost all the states. According to sources, this time there is a possibility of cotton cultivation in Telangana too. A total of 1.42 crore acres will be cultivated in Telangana this Kharif season. In which the largest part will be from cotton cultivation. The area under cotton cultivation has been fixed at 70 lakh acres.In a recent meeting in Telangana, several suggestions were made for sowing in Kharif season. Among kharif crops other than cotton, red gram has been suggested to be cultivated in 15 lakh acres while 45 lakh acres of land will be used for paddy cultivation. On this occasion, Agriculture Minister Niranjan Reddy directed the officials to provide adequate quantity of seeds and fertilizers to the farmers. At the same time, he urged the farmers to minimize the use of urea and artificial fertilizers so that the fertilizer capacity of the soil is maintained.

Bangladesh becomes biggest export market for IndiaRecently, data for the month of April of India's imports and exports was released. According to these new figures, there has been a steady decline in the export of cotton yarn from India. India exported 72,600 tonnes of cotton yarn in April 2022, which was 18.54 percent less than the previous year. And month-on-month the decrease was 31.13 percent. According to the report, the maximum exports from India were made to Bangladesh. Bangladesh accounts for 49 percent of the total exports. While the share of China in the export of cotton yarn was only 7 percent.Know which country's shareIn the export of major varieties of cotton yarn, China and Egypt were second only to Bangladesh. The share of both these countries was 7 percent. This was followed by Portugal and Peru with 4 percent of exports. Vietnam and Turkey accounted for 3 percent of cotton yarn exports. Guatemala, South Korea and Colombia accounted for 2 percent and other countries accounted for 17 percent of the total cotton yarn exported.Continuous decrease in exports from ChinaExported yarn varieties include HS Code-5205, Carded-CB-25S-1, Combed CB-25S-1, Combed C-25-30S-1, Combed C30-47S-1. Is. The report released mainly mentions the decrease in exports from China. According to this, 63.42 percent of C8-25S-1 cards were exported to China last year, which declined to 61.49 percent this year.