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*Stable trend on cotton market*

*Stable trend on cotton market**The local cotton market on Thursday remained bullish and trading volume remained satisfactory. The rate of cotton in Sindh is in between Rs 12000 to Rs 15000 per maund and the rate of cotton in Punjab is in between Rs 14500 to Rs 15200 per maund.**The Spot Rate remained unchanged at Rs 14700 per maund. The polyester fiber was available at Rs 242 per kg.**Cotton Analyst Naseem Usman told that the rate of the new crop of Phutti in Sindh was in between Rs 4000 to Rs 6300 per 40 kg. The rate of Phutti in Punjab is in between Rs 5800 to Rs 6700 per 40 kg. The rate of Banola in Sindh is in between Rs 14000 to Rs 2000 per maund. The rate of Banola in Punjab is in between Rs 14000 to Rs 2200 per maund. The rate of cotton in Balochistan is in between Rs 14000- 14800 per maund. The rate of Phutti in Balochistan is Rs 6000- 7300 per maund.**1200 bales of Dherki were sold at Rs 15000 to Rs 15200 per maund, 400 bales of Ghotki were sold at Rs 15000 per maund, 600 bales of Mir Pur Mathelo were sold at Rs 15200 per maund, 400 bales of Khan Pur Mehar, 800 bales of Sadiqabad were sold at Rs 15000 per maund, 1200 bales of Saleh Pat were sold at Rs 14300 to Rs 14500 per maund, 1600 bales of Khan Pur were sold at Rs 13900 to Rs 14500 per maund, 800 bales of Rohri were sold at Rs 14200 to Rs 14500 per maund, 2800 bales of Rahim Yar Khan were sold at Rs 15000 to Rs 15100 per maund, 400 bales of Khan Pur were sold at Rs 15100 per maund, 1400 bales of Yazman Mandi were sold at Rs 14800 per maund, 800 bales of Mian Wali were sold at Rs 14600 to Rs 14700 per maund, 1200 bales of Fort Abbas were sold at Rs 14600 per maund, 800 bales of Haroonabad were sold at Rs 14500 to Rs 14600 per maund, 400 bales of Faqeer Wali were sold at Rs 14600 per maund, 200 bales of Hasil Pur were sold at Rs 14600 per maund.*

*All India Weather Forecast for October 22, 2021*

*All India Weather Forecast for October 22, 2021**Weather systems made across the country*A Cyclonic Circulation is persisting over Bihar and adjoining areas.A Cyclonic Circulation is persisting over Central East parts of Uttar Pradesh. A trough is extending from this cyclonic circulation up to East Central Arabian Sea across Madhya Pradesh and North Maharashtra.A Cyclonic Circulation is persisting over South Tamil Nadu and adjoining region.A Western Disturbance is over North Pakistan and adjoining region.Northeasterly winds are likely over the Bay of Bengal till October 26. Hence, the onset of Northeast Monsoon is likely to start on 26 October and monsoon rains may start over the South Peninsula as well.*Weather movement across the country during the last 24 hours*During the last 24 hours, light to moderate rain occurred at isolated places over parts of Assam, West Bengal, Kerala, South Interior Karnataka and Tamil Nadu.The rest of Northeast India, some parts of Bihar, Gangetic West Bengal and Lakshadweep have experienced light to moderate rain at one or two places.Light to moderate rain occurred over North Coastal Odisha and Rayalaseema.Light rain occurred at isolated places over Coastal Andhra Pradesh and one or two places over Uttarakhand.*Possible weather activity during next 24 hours*During the next 24 hours, light to moderate rain at isolated places is likely over parts of eastern Assam, Arunachal Pradesh, Nagaland, Coastal Karnataka, South Interior Karnataka, Kerala and Tamil Nadu.Light to moderate rain may occur over rest of Northeast India, Sikkim and Lakshadweep.Light to moderate rain and snow is likely over Jammu and Kashmir, Gilgit Baltistan, Muzaffarabad and Ladakh on 22 October.Light rain is possible over Sub-Himalayan West Bengal and Coastal Andhra Pradesh on October 21. On October 22, there may be rain in some parts of Punjab.

U.S. EXPORT SALES FOR WEEK ENDING 14/10/2021

U.S. EXPORT SALES FOR WEEK ENDING 14/10/2021 Cotton:  Net sales of 391,800 RB for 2021/2022 were up noticeably from the previous week and up 20 percent from the prior 4-week average.  Increases were primarily for China (272,800 RB, including decreases of 100 RB), Turkey (76,900 RB), Vietnam (15,800 RB, including 300 RB switched from Japan), Mexico (6,200 RB), and Bangladesh (5,000 RB, including decreases of 100 RB).  Net sales of 63,900 RB for 2022/2023 were primarily for China (50,000 RB) and Turkey (13,200 RB).  Exports of 117,400 RB were up 23 percent from the previous week, but down 16 percent from the prior 4-week average.  The destinations were primarily to China (46,400 RB), Mexico (18,700 RB), Turkey (11,900 RB), Pakistan (9,600 RB), and Bangladesh (8,500 RB).  Net sales of Pima totaling 23,900 RB--a marketing-year high--were up noticeably from the previous week and up 58 percent from the prior 4-week average.  Increases were primarily for India (17,000 RB), Peru (2,800 RB, including decreases of 300 RB), and China (1,800 RB).  Exports of 5,400 RB were down 49 percent from the previous week and 28 percent from the prior 4-week average.  The destinations were primarily to India (4,500 RB), Austria (500 RB), and Peru (200 RB). Optional Origin Sales:  For 2021/2022, the current outstanding balance of 8,800 RB is for Pakistan. Exports for Own Account:  For 2021/2022, the current exports for own account outstanding balance of 4,800 RB is for China (4,700 RB) and Vietnam (100 RB).

All India Weather Forecast for October 21, 2021

*All India Weather Forecast for October 21, 2021**Weather systems made across the country*A Low Pressure Area is over Bihar and adjoining region, with its associated cyclonic circulation extending up to 5.8 km above mean sea level.A Cyclonic Circulation is persisting over Central Uttar Pradesh.A trough is extending from the cyclonic circulation over Central Uttar Pradesh to the cyclonic circulation associated with the Low Pressure Area over Bihar.A trough is extending from South Interior Karnataka to South Coastal Tamil Nadu.A fresh Western Disturbance is expected to reach the Western Himalayas from October 22 and adjoining plains of Northwest India from October 23.*Weather movement across the country during the last 24 hours*During the last 24 hours, Sikkim and Sub-Himalayan West Bengal experienced moderate to heavy rain with very heavy rainfall at one or two places.Light to moderate rain with isolated heavy falls occurred over parts of Assam, Meghalaya, Arunachal Pradesh and East Uttarakhand.Light to moderate rain occurred over rest of Northeast India, parts of Bihar, Central and East Uttar Pradesh, Coastal Odisha and Tamil Nadu.Light rain occurred over Coastal Andhra Pradesh, Kerala, Lakshadweep, South Interior Karnataka and isolated parts of Madhya Pradesh and Chhattisgarh.*Possible weather activity during next 24 hours*During the next 24 hours, isolated light to moderate rain at isolated places over Sikkim, Sub-Himalayan West Bengal, Assam, Meghalaya, Arunachal Pradesh, Manipur, Nagaland, South Interior Karnataka, parts of Kerala and Tamil Nadu and East Bihar Heavy rain may occur at some places.Light to moderate rain may occur over Gangetic West Bengal, rest of Northeast India and Coastal Karnataka.Light rain is possible over remaining parts of Bihar, Coastal Andhra Pradesh, parts of Coastal Odisha, foothills of East Uttar Pradesh, Lakshadweep and Andaman & Nicobar Islands. *SiS Commited to update you on all textile related news real time.**Regards**Team Sis**Any query plz call 9111977771*Smartinfoindia.com*https://wa.me/919111977775*

* Spot price increased by Rs 200 amidst select purchases *

* Spot price increased by Rs 200 amidst select purchases **The Spot Rate Committee of the Karachi Cotton Association on Wednesday increased the spot rate by Rs 200 per maund and closed it at Rs 14700 per maund.**The Spot Rate Committee of the Karachi Cotton Association on Wednesday increased the spot rate by Rs 200 per maund and closed it at Rs 14700 per maund. The rate of polyester fiber was increased by Rs 2 per kg and was available at Rs 242 per kg.**Cotton Analyst Naseem Usman told Business Recorder that the local cotton market remained bullish and trading volume remained satisfactory.**The rate of cotton in Sindh is in between Rs 12000 to Rs 14800 per maund and the rate of cotton in Punjab is in between Rs 14500 to Rs 15000 per maund.**The rate of the new crop of Phutti in Sindh was in between Rs 4500 to Rs 6200 per 40 Kg. The rate of Phutti in Punjab is in between Rs 5600 to Rs 6700 per 40 Kg. The rate of Banola in Sindh is in between Rs 14000 to Rs 2000 per maund. The rate of Banola in Punjab is in between Rs 2000 to Rs 2300 per maund. The rate of cotton in Balochistan is in between Rs 13800- 14800 per maund. The rate of Phutti in Balochistan is Rs 6000- 7500 per maund. 400 bales of Dherki, 600 bales of Sadiqabad, 3000 bales of Rahim Yar Khan, 600 bales of Khan Pur, 400 bales of Mir Pur Mathelo were sold at Rs 15000 per maund, 2000 bales of Khair Pur were sold at Rs 14000 to Rs 14400 per maund, 100 bales of Rohri were sold at Rs 14200 to Rs 14400 per maund and 1200 bales of Mian Wali were sold at Rs 14650 to Rs 14700 per maund.* *SiS Commited to update you on all textile related news real time.**Regards**Team Sis**Any query plz call 9111977771*Smartinfoindia.com*https://wa.me/919111977775*

Fearing price rise, cotton producers stopped bringing cotton to the mandis.

*Anticipating price hike, cotton growers hold back produce**Even as cotton has started fetching as high as Rs 8,300 per quintal this season against the MSP of Rs 5,925, its arrival in the mandis across the state is delayed.**The data gathered by The Tribune from the Cotton Corporation of India (CCI) revealed that so far (till October 20) only 3.75 lakh quintal of cotton has been purchased at mandis against 7 lakh quintal purchased during the previous season around the same period. Experts have attributed the decline in arrival to farmers’ anticipation of further upward movement in prices of cotton in the market.* *They also blamed pink bollworm attack for the late arrival of the crop. A senior functionary of the CCI said: “Farmers are testing the waters before they can take the plunge. Like industry experts, they also study market trends and based on calculations and years of experience, make smart choices.* *Despite being well aware that they can fetch lucrative prices now, they are holding back the produce and bringing only smaller quantities to mandis. They are certainly anticipating a further hike in prices and if that happens, they will start bringing the produce in bulk.”**He said after the demand for cotton increased in the international market, its price soared and private players started buying it on rates way above the MSP. “With prevailing market dynamics expected to persist in the coming months, it’s the cotton growers who are expected to reap rich dividends this season,” he added.**After making a record purchase of 50 per cent of the total cotton produced in the state during previous procurement season, the CCI did not even enter the market this year as private players were already buying cotton at prices way above the MSP.**Modan Singh, a buyer from Bathinda-based private cotton mill, said: “Last season, more than 1,000-1,500 quintals was sold daily at mandis in Bathinda and now the arrival has come down to 250-400 quintals. Even though quality of cotton is not that good as compared to the last season, still we are compelled to buy it at higher rates.”**He said as there was pink bollworm attack on the crop in Malwa region this time, there was a sense of uncertainty whether they would be able to buy the required quantity of cotton this season or not. “But unfortunately, farmers are brining less and low quality of cotton to markets these days. Labour shortage is another factor that is on the minds of buyers as they would remain engage

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