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Manvat APMC Sets Record With 4.36 Lakh Quintals Cotton Procurement

2026-06-03 15:00:30
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Maharashtra: Record Cotton Procurement at Manvat APMC


Parbhani (Maharashtra): The Manvat Agricultural Produce Market Committee (APMC) in Parbhani district has set a new record for procurement during the current cotton marketing season. Despite a decline in production, the market witnessed a significant increase in cotton arrivals and trading activities. Over a period of approximately seven months—from November 13, 2025, to May 30, 2026—a total of 4.36 lakh quintals of cotton were procured; this is being hailed as a significant milestone in the history of the Manvat market.


This season, cotton production in several regions was adversely affected by climate change, unseasonal rains, and outbreaks of pests and diseases. Despite these challenges, the Manvat market continued to witness a steady influx of farmers. Thanks to a transparent auction system, timely payments, and competitive rates, farmers' confidence in the market grew consistently, leading to a remarkable surge in trading transactions.


Throughout the season, there was fierce competition for cotton procurement between the Cotton Corporation of India (CCI) and private traders. The CCI procured 1,63,647 quintals of cotton at rates ranging from ₹7,500 to ₹8,000 per quintal. However, after the CCI halted its procurement operations post-February, private traders stepped up their activity in the market. The private sector procured over 2.72 lakh quintals of cotton, thereby sustaining market demand and driving a continuous upward trend in prices.


At the beginning of the season, cotton prices hovered around ₹7,500 per quintal; however, driven by rising demand and favorable market conditions, prices gradually climbed. During the final phase of the season, cotton prices crossed the historic threshold of ₹10,000 per quintal for the very first time. Nevertheless, since most farmers had already sold their produce by that time, only a limited number of growers were able to capitalize on these elevated prices.


Attracted by the Manvat market's transparent public auction system and prompt payment mechanism, farmers from neighboring districts—including Beed, Jalna, and Nanded—as well as those from Parbhani itself, flocked to the market to sell their produce. Consequently, the market recorded a record volume of cotton arrivals this year. According to experts, global factors—such as international production, import-export policies, demand within the textile industry, and the dollar exchange rate—also influence cotton prices.


Pankaj Ambegaonkar, Chairman of the Mandi Committee, stated that the record-breaking procurement and arrivals serve as a testament to the farmers' confidence. He noted that the committee has consistently accorded the highest priority to the interests of farmers, and it is precisely due to this transparent system that the Mandi has achieved such success.


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