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This week, the Cotton Corporation of India (CCI) sold 94.28% of its 2024–2025 cotton procurement through online auctions while maintaining its current prices.During the entire week from 22 December to 26 December 2025, CCI conducted online auctions at its mills and trader sessions, achieving total sales of approximately 1,00,400 bales. Weekly Sales PerformanceDecember 22, 2025:CCI sold 28,100 bales, of which 13,200 bales were purchased by mills and 14,900 bales by traders.December 23, 2025:Total sales stood at 21,300 bales, with mills buying 6,200 bales and traders accounting for 15,100 bales.December 24, 2025:Sales amounted to 19,300 bales, including 11,400 bales acquired by mills and 7,900 bales by traders.December 26, 2025:The highest sales of the week were recorded on this day, with 31,700 bales sold. Mills purchased 6,800 bales, while traders lifted a significant 24,900 bales.CCI sold a total of approximately 1,00,400 bales during the week, taking its cumulative sales to 94,28,100 bales for the season, which is 94.28% of its total purchases for 2024-25.Read More :- The rupee closed 01 paisa higher against the dollar at 89.85

On Friday, the Indian rupee opened at 89.86 against the dollar and closed 01 paisa higher at 89.85.The Sensex closed 367 points lower; the Nifty at 26,042; IT and auto stocks saw the biggest declines.Read More :- CCI cotton procurement 50 lakh bales at MSP till now

The rupee opened 8 paise lower at 89.86/USD.The domestic currency opened at 89.86 against the US dollar, compared to its previous closing of 89.78 against the dollar.READ MORE :-  2025 year-end achievement - India's Ministry of Textiles

Ministry of Textiles: Key Achievements 2025India’s textiles sector recorded wide-ranging policy reforms, infrastructure rollout and tax rationalisation in 2025, as outlined in the Year End Review released by the Ministry of Textiles on December 24, 2025. The measures aim to boost domestic manufacturing, improve global competitiveness and support farmers, weavers and artisans across the value chain.A major highlight was the rescinding of Quality Control Orders on viscose staple fibre from November 18, 2025, MMF polyester segments from November 12, 2025, and textile machinery, alongside deferring cotton bale QCO implementation to August 2026. Customs duty exemption on raw cotton was granted for August–December 2025 to ease input costs for spinners.The 56th GST Council meeting delivered significant tax rationalisation, cutting GST on garments and made-ups priced up to ₹2,500 per piece to 5 per cent. Rates on MMF fibres were reduced from 18 per cent to 5 per cent, and MMF yarns from 12 per cent to 5 per cent, while carpets, handicrafts, handlooms and sewing machines were also brought under the 5 per cent slab.Export facilitation improved through the extension of the export obligation period under Advance Authorisation from six to 18 months for QCO-covered items, and the extension of RoDTEP benefits to EOUs, SEZs and Advance Authorisation units. RoSCTL for garments and made-ups has been extended until March 31, 2026.The Production Linked Incentive scheme was revised to ease compliance, with expanded eligible products, relaxed company formation norms, lower investment thresholds and a reduction in incremental turnover criteria from 25 per cent to 10 per cent.On infrastructure, seven PM MITRA Parks with an outlay of ₹4,445 crore were approved and rolled out. The ministry confirmed 100 per cent land acquisition, environmental clearances for all parks and approved land allotment policies in Madhya Pradesh and Tamil Nadu. Cotton procurement systems were also expanded and digitised, while decriminalisation measures were introduced under the Jan Vishwas Bill 2025 across key textile laws.Read more :-  CCI cotton procurement 50 lakh bales at MSP till now

CCI Procures 50 Lakh Cotton Bales at MSPThe state-run Cotton Corporation of India (CCI) has procured about 50 lakh bales of the natural fibre crop at minimum support price (MSP ) in the current 2025-26 season till now. The MSP purchases so far this season are higher by about 60 per cent over the 31 lakh bales purchased till mid-December last year.We have procured about 50 lakh bales out of the arrivals of 118 lakh bales. The daily procurement is now more than 2 lakh bales,” said Lalit Kumar Gupta, Chairman and Managing Director, CCI.As per CCI, the progressive purchase of raw cotton till December 19 was 230.23 lakh quintals valued at ₹18,238 crore. The bulk of these purchases has been made in Telangana and Maharashtra. In Telangana, about 93.87 lakh quintals of cotton, valued at ₹7,445 crore, have been purchased, while in Maharashtra CCI has purchased about 47.69 lakh quintals valued at ₹3,779 crore.In Karnataka, 21.49 lakh quintals of cotton valued at ₹1,708 crore has been procured by CCI, while in Gujarat the purchased quantity stood at 19.23 lakh quintals valued at ₹1,546 crore. In Andhra, the procured quantity is valued at ₹972 crore, while in Rajasthan it was ₹848 crore, so far. In Haryana, the CCI has purchased cotton valued at ₹484 crore, while in Odisha it was ₹315 crore and Punjab ₹103 crore, as per the data on CCI website.CCI’s market intervention has lent stability to the cotton prices, which have firmed up from the levels at the start of the season, but are still below the MSP. The Centre has announced a MSP of ₹7,710 per quintal for the medium staple cotton and₹8,110 for the long staple cotton for the 2025-26 season.Quality raw cotton prices, which were hovering around ₹7,200-7,300 per quintal at the start of the season, are now hovering around ₹7,800 levels in the private trade at Raichur, Karnataka,” said Ramanuj Das Boob, a sourcing agent. Similarly, the pressed cotton prices have moved up by ₹2,000-2,500 per candy (356 kg) to around the ₹54,000 level. Farmers are preferring to sell to CCI as they are offering a higher prices compared to the market price, he said.Lower acreage coupled with adverse climate has shrunk the cotton crop this year. Also the excess and unseasonal rains have impacted the quality across almost all growingStates. As per the first advance estimates of the Agriculture Ministry, cotton crop for 2025-26 is projected slightly lower at 292.15 lakh bales of 170 kg each over previous year’s 297.24 lakh bales. Cotton imports are currently duty free till the end of this year.Read more :-  The rupee closed 21 paise lower at 89.78 against the dollar

On Wednesday, the Indian rupee closed 21 paise lower at 89.78 against the US dollar, compared to its opening level of 89.57.At the close, the Sensex fell 116.14 points, or 0.14 percent, to 85,408.70, and the Nifty declined 35.05 points, or 0.13 percent, to 26,142.10. Approximately 1,693 shares advanced, 2,154 declined, and 118 remained unchanged.Read More :-  In Wani taluka, known as the "Island of White Gold," heavy rains this year have severely impacted cotton production.

Heavy Rains Batter Cotton in WaniAs a result, cotton procurement by the end of December has decreased by 1.25 lakh quintals compared to last year.  Last season, the Cotton Corporation of India (CCI) purchased 128,604 quintals of cotton by the end of December.  Total procurement for the entire season reached approximately 5 lakh quintals. However, this year, CCI's procurement started late, and due to the reduced production, the expected arrivals are not being met.According to information from the Agricultural Produce Market Committee, CCI is currently purchasing cotton from 12 ginning units in Wani, as well as from ginning units in Shindola and Navargaon. Initially, the price for good quality cotton was Rs. 8,110 per quintal. However, based on grading, this price has now dropped to Rs. 6,060. The price is determined only after the cotton in each truck is inspected by a CCI grader.This year, farmers are showing a greater preference for the Shindola market compared to the Wani market. As of December 18th, a total of 168,832 quintals of cotton had been purchased, with 97,909 quintals purchased in Wani, 63,740 quintals in Shindola, and 7,182 quintals in Navargaon. The Market Committee estimates that this procurement will reach 2 lakh quintals by the end of December. However, due to the overall lower cotton production this year, only about 3 lakh quintals are expected to be purchased throughout the entire season, which is approximately 2 lakh quintals less than last year.Competition Among Ginning UnitsAlthough CCI is purchasing cotton from 12 ginning units in Wani, farmers have to choose which ginning unit to sell their cotton to. For this, they have to register on an app and specify their preferred slot and ginning unit. Therefore, ginning unit owners are running advertisements urging farmers to "choose our ginning unit." They are leaving. In some places, drivers are being offered incentives, while in other places, ginning mill owners are even talking about giving out lottery prizes. As a result, some ginning mills are empty, while in other places, large quantities of cotton are being stockpiled.Price increase by private tradersDue to lower production, cotton is expected to fetch a good price in the market this year. Because of large-scale purchases by the Cotton Corporation of India (CCI), private traders were unable to obtain cotton. Therefore, traders have also increased prices and are currently offering 7,500 to 7,600 rupees per quintal. It is expected that if the price increases by another 200 to 300 rupees, farmers will be able to sell their cotton to these traders.READ MORE :-   The rupee opened 9 paise higher at 89.57/USD.

The rupee opened 9 paise higher against the dollar at 89.57.The Indian rupee opened at 89.57 against the dollar on Wednesday, compared to its closing rate of 89.66 on Tuesday.Read more :- Rupee fell 02 paise to close at 89.66 per dollar 

The Indian rupee on tuesday lower 02  paise to close at 89.66 per dollar, while it opened at 89.64 in the morning.At close, the Sensex was down 42.64 points or 0.05 percent at 85,524.84, and the Nifty was up 4.75 points or 0.02 percent at 26,177.15. About 2146 shares advanced, 1725 shares declined, and 130 shares unchanged.read more :- US Upland cotton exports recover modestly, Pima muted in week of Dec 4

US Upland Cotton Exports Recover; Pima MutedUS Upland cotton export sales showed a modest recovery in the week ending December 4, although demand remained subdued on a year-on-year basis, according to the US Department of Agriculture’s weekly export sales report.Net Upland sales for the current marketing year edged up to 153,300 running bales (RB), each weighing 226.8 kg, from 135,900 RB the previous week. This was broadly in line with last year’s 153,000 RB, pointing to stabilisation rather than a clear rebound in buying appetite.Shipments eased week on week to 101,600 RB from 122,100 RB but were in line with the year-ago level, reflecting continued execution of existing contracts. Accumulated exports rose to 2.41 million RB from 2.31 million RB a week earlier and exceeded 2.28 million RB in the same week last year. Outstanding sales increased marginally to 3.47 million RB from 3.42 million RB but remained well below 4.73 million RB a year ago, underlining weaker forward coverage by global mills.Forward sales for the next marketing year stayed limited at just 300 RB, sharply lower than 3,300 RB booked in the same week last year, highlighting ongoing caution over future yarn demand and margins.Buying remained selective. Vietnam led weekly bookings with 70,400 RB, followed by Pakistan at 14,100 RB and the Republic of Korea at 11,700 RB. Turkiye booked 11,000 RB, while India added 7,600 RB and Bangladesh 4,400 RB. Although Vietnam’s demand remained relatively strong, overall participation was narrower than historical norms, reinforcing the view that mills are buying hand-to-mouth amid persistent uncertainty across global textile markets.Pima cotton export activity was largely steady but muted. Net Pima sales for the current marketing year totalled 6,200 RB, slightly below 6,900 RB a year earlier. Outstanding sales fell to 58,500 RB from 63,100 RB last week and were well below 105,600 RB in the same period last year. Accumulated Pima exports increased to 119,600 RB from 104,600 RB a week earlier, indicating shipment-driven progress rather than renewed buying interest, as premium spinners continued to procure cautiously in a weak downstream environment.READ MORE :- India-New Zealand FTA to increase exports of textiles, clothing: CITI

India–New Zealand FTA to Boost Textile and Apparel Exports: CITIThe Confederation of Indian Textile Industry (CITI) has welcomed the conclusion of Free Trade Agreement (FTA) negotiations between India and New Zealand, stating that it will significantly benefit India’s textile and apparel sector by opening access to new markets.Under the India–New Zealand FTA, 100% of Indian exports will receive zero-duty market access. In 2024, India was the third-largest exporter of textile and apparel products to New Zealand, after China and Bangladesh, with exports valued at $138.65 million.CITI Chairman Ashwin Chandran said the agreement, concluded shortly after the Comprehensive Economic Partnership Agreement (CEPA) with Oman, reflects India’s strong focus on trade diversification. He noted that for the textile and apparel industry, the FTA will create expanded market access opportunities and encourage exporters to diversify their product basket.He further stated that CITI expresses gratitude to the Prime Minister, Commerce Minister, and concerned authorities for the swift conclusion of negotiations, highlighting the strong potential of Indian textile exports in the New Zealand market.According to CITI, the FTA will help Indian exporters reduce dependence on a limited number of markets and support the country’s goal of achieving $100 billion in textile and apparel exports by 2030. It will also improve price competitiveness and enhance the attractiveness of Indian products for buyers in New Zealand.India has recently signed several trade agreements, including the Comprehensive Economic and Trade Agreement (CETA) with the United Kingdom. Negotiations are also in advanced stages with the European Union and other countries, while a bilateral trade agreement with the United States is under discussion.India’s total textile and apparel exports stood at approximately $38 billion in FY2024–25.READ MORE :- Maharashtra: CCI Cotton Procurement: CCI Procures Over 4.5 Lakh Quintals of Cotton