All India Cotton Arrival 19-January-2023

By: Navneet Saini

-North India 20000
-MP 12500
-Gujrat 45000
-Maharashtra 35000
-Karnataka 8000
-Andhra Pradesh 6000
-Telangana 13000
-Tamil Nadu 1000
-Orrisa 3000
Total Arrivals :143500+-3%.
Arrivals steady to up today (south APMC starts opening and prices firm) raw cotton price starts improving, farmers still reluctant to sell, arrivals still slow as compared to previous seasons, good improvements are expected in Gujrat as arrivals improving slowly, arrivals stable to up in South India most of APMC’s active.
-Arrivals stable to up today picking is in full pace today narma price stable to upside, physical market in North India approx. 8000 to 8750 in the physical market.
Same trend in Gujrat and Maharashtra, raw cotton prices 7500 to 8600 today.
-All Gujrat APMC’s opens, now arrivals in APMC are 10 to11 thousand rest directly coming to ginning but arrivals still low despite good crop, now many factories not interested due to disparity‚ĶFarmers still hoping for price rise.
Arrivals from outer states are starting to improve at present that’s why little increase in arrivals Gujrat at present.

  • MP arrivals are stable to up today farmer selling still slowly.
    -Maharashtra Arrivals picking us. But some downtrend is observed after price decline local farmers are still reluctant to sell arrivals in Marathwada and Vidarbha region started picking up, today little improve
    -Today Cotton prices stable to down in evening now buyer is inactive in market, for physical buying big mills are also silent, little physical buying by local mills lower levels buyer inactive, today current prices market is upside down Today cotton price in North India are 6200 to 6550 per maund
    . Central India cotton bargains are at 61000 to 62500 in evening
  • CCI started commercial purchase from open market in Maharashtra, Telangana and Orrisa today kapas price 7800 to 8200 soon few more center may start.
  • Cotton seed stable to down today due to khal weakness, now market in wash is also down, many stations down in physical, today buyer is inactive and seller is active in good centers, prices decrease on some station’s other stations almost flat due to dull demand but still buyer is not interested at all in forward but ready for ready load.
  • Khal buyer little inactive today, market slide from higher levels due NCDEX movement and arrivals improvement very Slow buying is observed today no bulk buying is observed due to high rates, today good business in seed and cake till now, today khal some center stable to down 20 to 30 ūüĎé all over from yesterday
    -South Cotton seed bargains speedily up for north as arrivals improve in Telangana, this year quality is superior after long, today very dull business from South side prices also decreased but buyer and seller not much interested. Price range 3400 to 3850 south spot now seed seller is much active but demand is very slow at current prices.
    -Further arrivals will improve in coming days, after all APMC’s open, rest depends on weather and prices.
    -Oil market is stable to little up today, after profit bookings. Wash price currently on upside price may reach due to weak wash price huge disparity to Oil Millers, if same thing continues than it will be very hard to manage.
  • The weather is in cold blast mode, a few pockets temp is subzero some loss to standing crop. a weak Western disturbance is over North India coming around 23 Jan slow rainfall activities possible. cold wave setting in North India..very much needed for rabi crops.

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