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“Madhya Pradesh Cotton Procurement Hits 12 Lakh Quintals: CCI”

2025-01-20 19:38:11
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CCI’s Cotton Procurement in Madhya Pradesh Touches 12 Lakh Quintals


Indore: The Cotton Corporation of India (CCI), the nodal agency under the Ministry of Textiles, has procured around 12 lakh quintals of cotton in Madhya Pradesh so far this season—nearly double last year’s procurement of 6.35 lakh quintals.


Procurement operations began in October 2024 at the Minimum Support Price (MSP), with 21 centres established across the state to facilitate farmer participation.


“Approximately 12 lakh quintals have been procured so far. Most centres are fully operational, especially since arrivals were strong in the early months. While initial produce had higher moisture levels, the quality has steadily improved, and current stock levels are satisfactory,” a CCI official said on condition of anonymity.


For the 2024–25 season, the MSP has been fixed at ₹7,121 per quintal for general cotton and ₹7,521 per quintal for medium and long-staple varieties.


Key procurement centres are located in major cotton-growing regions such as Khargone, Dhamnod, Bikangaon, Badwah, and Khandwa. In the Indore division, prominent cotton belts include Khargone, Khandwa, Barwani, Manawar, Dhar, Ratlam, and Dewas.


According to Kailash Agrawal, a local trader and farmer, higher procurement this season has been driven by improved production and better per-hectare yields. “Unlike previous years, many farmers chose to sell early to secure assured returns, resulting in strong arrivals at the start of the season,” he said.


Traders estimate that nearly 80% of cotton arriving in mandis this season has been purchased by CCI, as open market prices have remained below the MSP.


Another trader, Hari Kishore, noted that cotton prices have not crossed ₹8,000 per quintal in the past three years. “Given past trends, farmers prefer to clear their stocks early at MSP, which is seen as a safer option,” he said.


Daily arrivals at the Khargone market are currently estimated at 10,000–15,000 quintals, compared to 8,000–10,000 quintals during the same period last year.


Read More :- Global cotton faces 2025 challenges amid supply-demand gap




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