Recent News

On Monday, the Indian rupee closed at 93.06 against the dollar, the same level at which it had opened in the morning.Stock Market LIVE Updates: Sensex rebounded sharply from the day's low to close 787.30 points or 1.07 per cent higher at 74,106.85. The sudden rebound followed media reports claiming a Pakistan-brokered ceasefire framework between the US and Iran.read more :- Thread Prices Rise, Increasing Financial Pressure on Weavers

Pressure on weavers due to increase in prices of cotton and polyester threadManpur (BIHAR)- The recent increase in the prices of cotton and polyester yarn has posed a serious economic challenge to the textile industry, especially the weaving community. The increase in the price of cotton yarn by about 15% and that of polyester yarn by about 50% has significantly increased the cost of production, which is directly impacting small and medium weavers.The situation has become more complicated because it is not possible to increase the prices of finished garments proportionately despite rising costs. As a result, weavers' profits are continuously declining and many units are facing economic pressure.In view of this crisis, the weavers' organizations have demanded from the state government to give 15% subsidy on cotton yarn, so that they can get immediate relief and the competitiveness of the industry can be maintained.Weaver representatives say that this unusual increase in raw material prices is worrying for the entire industry. He has demanded from the state and central governments to present a clear and effective strategy, so that a permanent solution to this problem can be found.According to experts, weaving in Bihar is not only a traditional art but also an important source of employment after agriculture. It serves as the backbone of the rural economy. If raw material prices continue to rise, it could affect the livelihoods of millions of families and pose a serious threat to the sustainability and profitability of the cotton textile industry.read more :- Cotton prices near Rs 9,000, yet farmers and traders face crisis

Cotton prices are approaching Rs 9,000, but farmers are still in trouble and traders also appear to be under pressure.In Jalgaon, cotton prices have been continuously increasing for the last few weeks and have reached Rs 8,500 to Rs 9,000 per quintal. In some places, even higher prices are being received for good quality cotton. At first glance, this seems to be a news of relief for the farmers, because the prices are above the minimum support price, but the ground reality is different and worrying.A large quantity of cotton had come into the market at the beginning of the season, due to which the prices at that time remained between Rs 7,000 and 7,500 per quintal. Now the stock in the market has reduced, while the demand from mills and traders remains constant. Due to this imbalance of demand and supply, prices are rising.The competition for purchasing among traders has increased and tough competition is being seen in auctions at many places. Experts believe that the prevailing domestic and international market conditions, production shortfall, export demand and growing needs of the yarn industry—all these factors may push the prices higher further.But the real question is how much benefit the farmers are getting from this rising price. The reality is that most of the farmers had already sold their crops at low prices. Due to financial pressure, compulsion to repay loans, household expenses and lack of storage, they were not able to hold their produce for long.Now that prices have increased, farmers have no cotton left to sell. In such a situation, the direct benefit of this boom is being given to the traders, middlemen and stockists, who had already stored the cotton and are now earning profits by selling it at higher prices.This situation exposes the fundamental flaws of the agricultural system. On one hand the market is booming, on the other hand farmers are deprived of it. The hard-working farmer faces losses, while profits are limited to the middle players in the market.To solve this problem, it is very important to provide better storage facilities to the farmers. Modern warehouses and cold storages should be developed in villages, so that farmers can preserve their produce till the right time.Along with this, loans should be easily available to farmers at low interest rates, so that they are not forced to sell their crops immediately. There is also a need to increase market transparency, strengthen digital platforms like e-NAM and empower farmer producer companies. With this, farmers can get better prices for their produce by directly connecting with the market.read more :- The rupee opened 4 paise higher at 93.06.

The rupee opened 4 paise higher at 93.06 per USD.The Indian rupee opened 4 paise higher at 93.06 per dollar on Monday, whereas it had closed at 93.10 on Thursday.READ MORE :-State-wise CCI Cotton Sales Details: 2025-26 Season

State-wise CCI Cotton Sales Details – 2025-26 SeasonThe Cotton Corporation of India (CCI) raised its cotton prices by upto ₹1,800-₹2,000 per candy during this week . Till date, CCI has sold approximately 45,34,200 cotton bales for the 2025-26 season. Sales are highly concentrated in a few major cotton-producing states, Maharashtra and Gujarat emerging as the leading contributors.

Will the coming season be good for cotton?We have studied the possible impact of El Nino on the ongoing war in the Gulf region and the upcoming monsoon, to understand how these conditions will impact cotton cultivation in the country, especially Maharashtra, and what farmers should pay attention to.It has been a month since the US-Israel conflict against Iran. There are many uncertainties about this war—how long it will last, whether it will expand in scope, and whether it could escalate into a major global crisis. Even if there is a temporary pause in the war, it may take a long time for the situation to return to normal.Given these international circumstances, it becomes important to assess the future of cotton farmers, farm laborers and related industries in India—especially in key states like Maharashtra.Cotton is cultivated in about 16% of the agricultural area in India, sowing of which starts from April. About 75% of the country's cotton area is located in central India—Maharashtra, Gujarat, Madhya Pradesh, Telangana and Karnataka—where it is cultivated in June with the monsoon. Maharashtra alone has about 33% cotton area, which supports the livelihood of lakhs of farmers.Three main factors will be important for cotton cultivation this season:1. Monsoon and rainfall conditionsCurrently, El Nino situation is occurring in the Pacific Ocean. It is estimated that its impact will increase between June and August, due to which the monsoon may be weaker than normal or below average. This can have a direct impact on cotton production.2. Availability of fertilizerIndia's import supply may be affected due to war in the Gulf region. About 85% of India's fertilizer and 20% of crude oil supply comes through the Strait of Hormuz. If there is a disruption here, there could be a shortage of fertilizers like urea and DAP, which will affect both farming costs and production.3. Impact on crude oil and textile industryThe cost of synthetic fibers (such as polyester and nylon) may increase as crude oil supplies are affected. This is likely to increase demand for natural fibers—such as cotton. Consumption of natural textiles is already high in India, and this trend is likely to further strengthen.read more :- CCI Steps Up Cotton Procurement; Private Sector Also Active

CCI purchased 11.05 lakh quintals of cotton, private sector purchased 9.38 lakh quintalsRural Economy: A total of 20.43 lakh quintals of cotton procurement was recorded in Parbhani and Hingoli districts till March 27. In this, Cotton Corporation of India (CCI) purchased 11.05 lakh quintals, while the private sector purchased 9.38 lakh quintals of cotton. At present, softening of the initial prices of cotton is being seen in the market.Farmers preferred CCI at the beginning of the 2025-26 procurement season as prices in the open market were below the Minimum Support Price (MSP). 88,377 farmers registered for sale at CCI centers through ‘Cotton Kisan Mobile App’ at 14 centers in both the districts.However, CCI buying slowed down after open market prices surged in January. Many farmers had withheld cotton in the hope of better prices, thinking prices could reach Rs 10,000 per quintal. But due to fall in prices in February, farmers could not get the expected benefits.Due to availability of irrigation, many farmers took Fardad (Late Harvest) crop, harvesting of which is still going on. Its arrival continues in the market and Fardad cotton is getting a price of around Rs 6,000 per quintal.Demonstration of Parbhani districtA total of 18.21 lakh quintals of cotton was purchased in Parbhani district. 74,932 farmers registered under 10 agricultural produce market committees of Parbhani, Bori, Jintur, Selu, Pathri, Sonpeth, Gangakhed, Palam and Tadkalas to sell cotton to CCI.CCI purchased 9,63,907 quintals of cotton through 46 ginning factories, where the price per quintal ranged from Rs 7,710 to Rs 8,060. At the same time, private traders purchased 8,57,533 quintals of cotton through 26 ginning factories, the average price of which was Rs 7,000 to 8,365 per quintal.Overall, CCI and private sector together procured 18,21,440 quintals of cotton in Parbhani district.read more :- Exporters' Demand: Call for Removal of Duty on Cotton Imports

Textile exporters appealed to the government to waive cotton import dutyPune: Textile and garment exporters have demanded the government to temporarily remove the 11% import duty on cotton. They say the recent rise in domestic prices is squeezing their margins and weakening competition in the international market.Local cotton prices have increased by 7-8% last month. The main reason for this is the surge in demand, because due to the high prices of crude oil, synthetic fibers have become expensive and mills are again returning to natural fibres.The industry has sought temporary relief like last year, when the government had reduced supply pressure by removing cotton import duty between August and December. According to Cotton Association of India data, cotton prices have increased by 11-12% in the last one month. During this period, an increase of 12-15% has been recorded in the international market also.Exporters say India has to depend on imports for long-staple and contamination-free cotton to meet the demand of foreign buyers. About 60-70% of the textile value chain is based on cotton, hence the industry has appealed to the Central Government to provide exemption in import duty for 3 to 6 months.According to industry experts, global events have led to a surge in crude oil prices, making many raw materials used in the textile sector costlier by 10% to 60%. Besides, the supply chain has also been affected. Exporters say competing countries like Vietnam and Bangladesh get duty-free raw materials, giving them a price advantage.read more :- CCI hikes cotton prices by ₹2,000, weekly sales cross 6.76 lakh bales

CCI Raises Cotton Prices by ₹1,800- ₹2,000 per Candy; Weekly Auction Sales Cross 6.76 Lakh BalesThe Cotton Corporation of India (CCI) raised its cotton prices by ₹1,800- ₹2,000 per candy during the week from March 30 to April 03 2026, the auctions witnessed strong participation from mills and cotton traders, resulting weekly sales of about 6,76,200 bales from the 2025–26 season.Day-wise Auction PerformanceMarch 30, 2026 (Monday):The week began on a strong note  with the highest single-day sales of 2,88,700 bales. Mills purchased 1,13,700 bales, while traders accounted for a larger share with 1,75,000 bales.April 01, 2026 (Wednesday):Sales saw a slight dip, with 2,44,300 bales sold during the day. Mills bought 1,13,000 bales, while traders purchased 1,31,300 bales.April 02, 2026 (Thursday):The week concluded with the sale of 1,43,200 bales. Mills purchased 74,000 bales, while traders dominated with 69,200 bales.Cumulative Sales UpdateCCI’s total sales have reached:2025–26 season: 45,34,200 bales2024–25 season: 98,85,100 bales

Telangana to become textile capital of South Asia, says Revanth ReddyHyderabad: Chief Minister A. Revanth Reddy on Friday reiterated the State’s ambition to transform Telangana into the Textile Capital of South Asia, with a strong emphasis on developing eco-friendly textile hubs.Speaking at the Asian Textile Conference (ATEXCON 2026) in Hyderabad, he outlined a long-term vision to position the State as a leading global textile destination by 2047. He assured investors of comprehensive support, including world-class infrastructure, land availability, reliable power, water supply, and attractive incentives.Highlighting the region’s rich textile heritage, the Chief Minister referred to renowned traditional weaves such as Pochampally Ikat, Gadwal sarees, Warangal durries, and Narayanpet sarees. He noted that textiles are not merely an industry but a vital source of livelihood for thousands of weaving communities across the State.Emphasizing Telangana’s strengths, he pointed out that it is among India’s largest cotton-producing regions, with globally recognized quality. He added that the State combines both skilled manpower and strong policy intent to emerge as a top textile hub.Reddy also highlighted key initiatives such as the Kakatiya Mega Textile Park, along with multiple apparel parks, as part of efforts to strengthen the textile ecosystem. He further noted Telangana’s leadership across diverse sectors, including technology, pharmaceuticals, aerospace, defence, manufacturing, and energy.read  more :- Brazil cotton prices see sharpest rise since August 2022

Brazil cotton prices post sharpest rise since August 2022 in MarchBrazil’s cotton prices climbed sharply in March 2026, marking the strongest monthly increase since August 2022. The CEPEA/ESALQ Index surpassed BRL 3.91 per pound, driven by firm demand, sellers holding back from lower price offers, and supportive global market trends.The index rose 11.2% percent the month, closing at BRL 3.9173 per pound on March 31. Domestic prices were further boosted by rising international oil prices and higher freight costs, which added upward pressure, according to the Center for Advanced Studies on Applied Economics (CEPEA). On average, the index reached BRL 3.6463 per pound in March, up 3.58% from February. Despite the recent gains, inflation-adjusted prices were still 11.35% lower than in March 2025.Looking ahead, global cotton production for the 2026–27 season is projected at 25.11 million tonnes—slightly higher than earlier estimates but still below the 2025–26 level. Meanwhile, global consumption is expected to increase to 25.405 million tonnes, pointing to modest growth in demand.In Brazil, cotton output is forecast at 3.75 million tonnes for 2026–27. Production for the current 2025–26 season has been slightly revised downward to 3.795 million tonnes, according to CEPEA’s latest outlook.read more :- The rupee closed 15 paisa higher against the dollar at 93.10