Recent News

CCI Keeps Cotton Prices Unchanged; Weekly Sales Continue Through Online AuctionsThe Cotton Corporation of India (CCI) kept its cotton prices unchanged. During the week from 02 february 2026 to 06 february 2026, CCI conducted regular online auctions for mills and traders across various centers. These auctions resulted in total weekly sales of approximately 2,600 bales for 2025-26 and 900 bales for 2024-25 season, reflecting steady demand from both segments.Daily sales performance02 February 2026:CCI began the week with sales of 100 bales, all of which were purchased by mills. The entire quantity belonged to the 2024–25 season.03 February 2026:Total sales rose to 1,600 bales, including 1,500 bales bought by mills and 100 bales purchased by traders. All sales on this day were from the 2025–26 season.04 February 2026:Sales stood at 1,300 bales, comprising 1,000 bales from the 2025–26 season and 300 bales from the 2024–25 season. Mills accounted for 900 bales, entirely from the current season, while traders bought 400 bales, including the full quantity from the previous season.05 February 2026:A total of 500 bales were sold, all purchased by mills from the 2024–25 season, indicating continued mill demand for older-season cotton.06 February 2026:No bales were sold in the CCI online auction today for both the 2025–26 and 2024–25 seasons.Cumulative salesWith these transactions, CCI’s cumulative sales reached 3,61,900 bales for the 2025–26 season and 98,82,400 bales for the 2024–25 season, as the agency continues to offload stocks through its e-auction platform while maintaining stable prices.

On Friday, the Indian rupee fell 40 paise to close at 90.66 per dollar, compared to its opening price of 90.26 in the morning.At market close, the Sensex was up 266.47 points or 0.32 per cent at 83,580.40, and the Nifty was at 25,693.70, up by 50.90 points or 0.20 per cent. On a weekly basis (including Sunday's budget session), Nifty was up 1.47 per cent, the best since the week ended November 14 last year. read more :- Budget 2026–27: Employment and growth in the textile sector

Emphasis on making textile sector a major engine of growth and employment in Budget 2026–27The Union Budget 2026–27 reflects India's strong economic position and the government's confidence in long-term reforms amid global economic uncertainties. India remains the world's fourth largest and fastest growing major economy, driven by infrastructure and manufacturing led growth with an estimated growth rate of 7.2 per cent and capital expenditure of ₹12.21 lakh crore.The budget has made the textile sector the main pillar of inclusive growth and large-scale employment generation through labour-intensive manufacturing. The sector, hitherto viewed from a welfare perspective, has been placed at the center of the national industrial strategy, linking it to competitiveness, scale and export potential. Presently this sector contributes about 2.3 percent to the GDP and provides employment to more than 5.2 crore people.The 18 free trade agreements (FTAs) signed by the government have given India preferential access to global textile markets worth approximately $466 billion. Better access to key markets, including the US, is expected to lead to significant growth in textile exports, further strengthening India's position in global value chains.Domestically, Budget 2026 focuses on enhancing the competitiveness of the industry through relaxation of quality control mandates, GST reforms and resolution of inverted duty structure. Under the National Fiber Scheme, the availability of cotton, man-made and new-age fibers will be strengthened, which will stabilize raw material costs and increase certainty in export pricing.To modernize the industry, it has been announced to upgrade 200 textile industrial clusters across the country. The textile industry generates more employment per investment and is estimated to create 2 to 3 crore new livelihoods in the next five years through cluster-based expansion. Along with this, 15 lakh skilled workers will be trained under the Samarth 2.0 scheme.The budget also provides for an SME Development Fund of ₹10,000 crore, an improved TReDS platform and a faster payment mechanism to address the liquidity problems of MSMEs. By including the handloom and handicraft sectors in the reform process, sustainability, skill development and global market access are promoted, which is expected to strengthen India's textile ecosystem in the long term.read more :- New export opportunities for Odisha textiles from India-US trade agreement

India-US trade agreement opens new export avenues for Odisha's textilesThe India-US trade agreement will boost the Odisha textile industry, easing US tariffs to help handloom and apparel exports go global, creating jobs for weavers and pushing Sambalpuri and traditional textiles to international markets.The recent India-United States trade agreement has opened up new opportunities for Odisha, especially in the textile and apparel sector. From traditional handloom products to modern readymade garments, Odisha-made clothes are now set to reach wider international markets more easily, official sources said on Thursday.With the relaxation of import duties by the United States, exports from Odisha are expected to become more competitive. The move is likely to open new avenues of income for weavers and handloom artisans across the state. Chief Minister Mohan Charan Majhi said in a social media post that the traditional attire of Odisha is all set to emerge as a new trend in the global scenario.CM Majhi took to his personal 'X' handle and said, "Be it the handlooms of Odisha or the modern readymade garments; as a result of the India-US trade agreement, the craftsmanship of Odisha will now reach everywhere. Due to the relaxation in duties, exports will become easier, thereby opening new avenues of employment for our weavers and handloom artisans. The traditional attire of Odisha will now create a new trend in the global market."The reduction in tariff is expected to significantly increase exports of Odisha manufactured textiles and garments. Iconic handloom varieties like Sambalpuri along with other traditional textiles will get easier access to the US market, strengthening Odisha's presence in global fashion and trade."From 'field to fashion', Odisha's textile and apparel sector is going global. Low US tariffs open up high-value markets for local producers, empowering textile hubs across the state and transforming traditional craftsmanship into international success," the CM said in another post on 'X'.read more :- Cotton-soybean production in Devla decreased by 35%

Decline in cotton production: 35 percent decline in cotton, soybean production in DevlaWardha News: This year, one lakh sixty thousand quintals of cotton was sold in the market premises of Deoli Agricultural Produce Market Committee. This inflow occurred from 3 November 2025 to 31 January 2026. Last year, during the same period, 2 lakh 29 thousand quintals of cotton were sold. In comparison, 35 percent less cotton has been imported this year.Obviously, cotton production has reduced this year due to less arrivals in the market. Due to this, cotton farmers are in financial crisis. This year, Indian Cotton Corporation purchased 46 thousand 121 quintals of cotton. Initially farmers sold their cotton to the Cotton Corporation of India because traders were offering low prices, but due to the increase in the price of cotton, the Cotton Corporation of India stopped buying cotton.Traders purchased 24 thousand 44 quintals from Jai Bajrang Ginning, 26 thousand 684 quintals from Sanjay Industries, 10 thousand 43 quintals from Jai Bhavani Ginning Shirpur, 3 thousand 459 quintals from Madhu Industry, 2 thousand 60 quintals from Ashok Industries, 9 thousand 650 quintals from Deoli Agro, 12 thousand 497 quintals from Shri Krishna Ginning. And purchased 4 thousand 284 quintals of cotton. Quintal from Mohan Trading. isWhile talking to the traders, he told that less cotton is being sold in the market as compared to last year and the quality of cotton has also decreased as compared to last year. The arrival of cotton from outside the district has also reduced. Therefore, he predicted that this year's season would end soon.Purchase of 18 thousand quintals of soybean this yearDue to decrease in soybean production, only 18 thousand quintals of soybean were sold in the market this year. Out of this, 16 thousand 660 quintals of soybean were purchased by traders, while NAFED purchased 1 thousand 347 quintals of soybean. According to the Agricultural Produce Market Committee, 27,548 quintals of soybean were sold in the entire season last year. It is being told that this year the price of cotton has decreased from Rs 8 thousand 450 to Rs 8 thousand 50. Due to reduced arrival of soybean and cotton, the crowd in rural markets seems to be reducing. Due to this, consumer demand has spread in the market.read more :- Global cotton oversupply to continue in 2025/26: ICAC

Global Cotton Oversupply to Persist in 2025/2026 - ICACGlobal cotton fiber production should reach 26 million tonnes in 2025/2026, exceeding consumption by about 800,000 tonnes.China, India, and Brazil should continue to dominate global supply, while Asia should lead demand.Cotton prices should remain under pressure after the Cotlook A Index fell to its lowest average level since 2020/2021.The global cotton market has not exited its phase of oversupply. In a statement published on February 2, the International Cotton Advisory Committee said global cotton fiber production should reach 26 million tonnes in the 2025/2026 season.This volume represents a 1% increase from the previous season.Global cotton consumption should reach 25.2 million tonnes in 2025/2026. This level represents a 0.4% increase compared with the 2024/2025 season.According to the ICAC, China, India, and Brazil should continue to dominate global supply. “Consumption is also driven by China, ahead of India and Pakistan, which highlights the persistent predominance of Asia on both the supply and demand sides of the global market,” the organization said.Global cotton imports and exports could reach 9.7 million tonnes in 2025/2026. This volume represents a 5% increase from the previous season.The ICAC expects Brazil to retain its position as the world’s largest cotton exporter, ahead of the United States and Australia. The organization expects Bangladesh to rank as the world’s largest cotton importer, followed by Vietnam and China.According to the ICAC, this trend reflects “the ongoing evolution of global textile manufacturing chains and sourcing strategies.”Bangladesh benefits from competitive production costs and a network of nearly 4,500 factories. American and European Union retailers increasingly favor the country as a sourcing hub.Rapid expansion of Bangladesh’s spinning industry relies on large-scale cotton imports to support production growth.The ICAC said the Cotlook A Index declined for a third consecutive season. The index averaged 79.6 cents per pound in the 2024/2025 season.This level marked a 13.4% decline from the previous season. The index reached its lowest average level since the 2020/2021 season.Looking ahead to 2026, cotton prices will depend on several structural factors.“By 2026, cotton prices will depend not only on global economic growth and public policy stability, but also on producers’ ability to control rising input costs and cope with climate uncertainty, in a context where the sector adapts to rapidly changing market conditions,” the ICAC said in December in its review of the 2024/2025 season, which it described as an “adjustment season.”read more :- India-US trade deal will boost cotton industry: CAI

CAI: India–US Trade Deal Likely to Boost Cotton and Textile SectorIndia’s cotton and textile industry is expected to benefit significantly from the proposed India–United States trade agreement, according to industry representatives, who say improved market access and reduced tariffs could strengthen demand and exports.Cotton trade bodies believe the deal may provide much-needed relief to the sector, which has recently faced price volatility, higher input costs, and uneven global demand. Greater clarity on tariffs and trade regulations is expected to encourage US buyers to place larger and longer-term orders.Industry experts say this could improve capacity utilisation across spinning mills, weaving units, and garment factories, particularly in major textile hubs such as Gujarat, Maharashtra, Tamil Nadu, and Telangana. Sustained demand from the US market is also expected to help stabilise domestic cotton prices, benefiting both farmers and manufacturers.“This is an encouraging and forward-looking step for bilateral commerce, which could lead to a deeper and more balanced trade partnership between India and the United States,” said Cotton Association of India (CAI) President Vinay N. Kotak.With global companies re-evaluating supply chains amid geopolitical and logistical uncertainties, India is increasingly viewed as a reliable partner due to its strong raw material base, skilled workforce, and growing manufacturing capacity. Better access to the US market could further accelerate investment in modernisation, sustainability, and global compliance standards.However, industry representatives also cautioned that the final structure of the agreement will be critical. While tariff reductions may boost trade volumes, clear rules on origin, standards, and compliance will determine the actual scale of benefits. Stakeholders have urged negotiators to address sensitive issues carefully to avoid placing additional cost burdens on exporters.Beyond exports, rising demand could have positive ripple effects on employment and rural incomes. As a labour-intensive sector, cotton supports millions of farmers, ginners, mill workers, and garment employees across India. A sustained export push to the US could therefore strengthen overall economic resilience.Overall, cotton trade bodies view the India–US trade deal as a strategic opportunity that could reinforce India’s position as a dependable supplier in global cotton and textile markets while driving growth, jobs, and value addition across the entire value chain.read more :- Rupee opened 09 paise stronger at 90.26 per dollar

 Rupee opens 09 paise up at 90.26/USD Indian rupee opened higher at 90.26 per dollar on Friday versus Thursday's close of 90.35.read more :- Small spinning mills in trouble due to CCI's cotton price policy: Atulbhai Ganatra

Small spinning mills in India are in trouble as CCI's cotton price policy is causing them huge losses: Atulbhai GanatraMr. Atulbhai Ganatra, Chairman and Managing Director of Radha Lakshmi Group and a renowned cotton expert, told Indian media that small spinning mills across India are gradually closing down or switching to man-made fiber due to the current cotton pricing and sales policy of the Cotton Corporation of India (CCI).In Andhra Pradesh alone, more than 40 cotton spinning mills have closed in the last one year. According to Mr. Ganatra, the main reason for the closure of these mills is the expensive prices of cotton fixed by the CCI.“CCI is selling cotton with a delivery period of 60-90 days, which leads to additional costs like bank interest and other finance charges on mill buyers,” he said. “Smaller mills, which operate on very low margins, cannot afford such long delivery periods.”Mr. Ganatra urged CCI to take immediate corrective action:"I suggest that CCI gradually reduce cotton prices by ₹1,500–₹2,000 per candy and reduce the delivery period to just 15-20 days. This will help small mills to purchase cotton and continue their operations."He further said that there will be no loss to CCI by implementing these changes as the corporation will also save on bank interest, warehouse rent, insurance and expenses related to cotton shortage.read more :- Cotton prices rise in Brazil at the end of January

Late January lifts Brazil cotton prices as sellers hold firm  Brazil’s domestic cotton prices have strengthened in late January as buyers showed greater willingness to trade while sellers held firm on quotations. This dynamic pushed spot market deals above export parity levels, even as international cotton prices softened and the US dollar weakened against the real, , as per the Centre for Advanced Studies on Applied Economics (CEPEA). At the same time, overall market liquidity remained subdued, as producers prioritised field activities, particularly cotton planting and soy harvesting. Trading volumes stayed thin toward the end of the month, reflecting a cautious approach from both sides of the market, the CEPEA said in its latest fortnightly report on the Brazilian cotton market.On a monthly basis, however, prices edged slightly lower. The CEPEA/ESALQ Index (payment in eight days) slipped 0.31 per cent between December 30 and January 30, closing at BRL 3.4754 per pound.Export parity values declined more sharply, with Free Alongside Ship (FAS) prices falling 2.59 per cent between January 19–26 to BRL 3.3872/pound ($0.6414/pound) at the port of Santos and BRL 3.3977/pound ($0.6434/pound) at Paranagua, reflecting weaker international benchmarks and a softer US dollar.read more :- Official investigation into alleged organic cotton scam begins in India

Fresh Official Probe Launched into Alleged Organic Cotton Fraud in IndiaAuthorities have launched a renewed investigation into possible fraud within India’s organic cotton sector following allegations of forged documentation and misuse of farmer identities in certification processes.The Agriculture Processing Export Development Agency (APEDA) and the Odisha State Organic Certification Agency (OSOCA) have initiated inquiries into reports that firms in the Kalahandi district of Odisha secured organic certification and represented conventionally grown cotton as certified organic. Local sources suggest that names of legitimate cotton farmers were used without proper consent to falsely label non-organic fibre as organic.The issue has drawn wider attention after local media reported that significant sums may have been misappropriated in connection with the alleged scheme, prompting concerns among policymakers, farmers and sustainability advocates alike.Organic cotton, prized for its reduced environmental impact and growing global demand, remains a relatively small portion of India’s vast cotton output but is strategically significant to the textile and apparel supply chain. Industry analysts say credible certification is critical for maintaining buyer trust and achieving export premiums in international markets.The probe comes against a backdrop of increasing scrutiny of supply chain transparency and compliance in textile raw materials. Studies have highlighted links between counterfeit certification and wider compliance risks, including labour abuses, adding pressure on regulators and brands to uphold due diligence standards.APEDA has previously defended its organic certification framework, emphasising that certification under the National Programme for Organic Production is monitored across states and subject to audits. Government sources have asserted that investigations are launched when substantive violations are reported, and penalties imposed where non-compliance is established.As the fresh inquiry progresses, stakeholders in the organic cotton value chain are awaiting further detail on the scope and findings of the investigations, which could have implications for certification integrity and export credibility in one of the world’s largest cotton-producing countries.read more :- Rupee higher 16 paise to close at 90.35 per dollar