All India Cotton Arrivals
-North India 11000
-MP 10000
-Gujrat 38000
-Maharashtra 35000
-Karnataka 9000
-Andhra Pradesh 7000
-Telangana 13000
-Tamil Nadu 1000
-Orrisa 2200
Total Arrivals :125300+-3%.
Arrivals steady to little up today raw cotton price starts stabilizing, farmers still reluctant to sell, arrivals still slow as compared to previous seasons, good improvements is expected in Gujrat as arrivals improving slowly, arrivals stable in South India most of APMC’s active.
-Arrivals stable to up today.. picking is in full pace Today narma price stable to down, physical market in North India approx. 8000 to 8450.. in physical market.
Same trend in Gujrat and Maharashtra, raw cotton prices 7200 to 8400 today.
-All Gujrat APMC’s opens, now arrivals in APMC is 11 to13 thousand rest directly coming to ginning but arrivals still low despite good crop, now many factories not interested due to disparity…Farmers still hoping for price rise.
Arrivals from outer states are start improving at present that’s why little increase in arrivals Gujrat at present.
- MP arrivals are stable to up today, prices down ..farmer selling still slowly.
-Maharashtra Arrivals picking up now farmer little active to sell after price decline local farmers inquiring to sell.. arrivals in Marathwada and Vidarbha region started picking up, today little up
-Today Cotton prices stable to down no major activities in evening now buyer is little inactive in market, physical buying from big mills little silent, little physical buying by local mills.. lower levels buyer active, today current prices market is upside Today cotton price in North India are 6100 to 6450 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 8000 soon few more center may start.
- Cotton seed stable to down today due to khal little negative, now market in wash is also minus, many stations down in physical, today buyer is inactive and seller is active in good centers prices increase on some stations 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 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 50 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 good business from South side prices also increase buyer and seller both interested. Price range 3200 to 3650 south spot. Now seed seller is much active but demand is very slow at current prices.
-Oil market is stable to down today, after profit bookings in past more improvement possible in coming week may reach 1200 to 1220 near budget session. - Wash prices 1060 to 1130 per 10 kg as per area.. due to weak wash price huge disparity to Oil Millers, if same thing continues than it will be very hard to manage.
-Further arrivals will improve in coming days, after all APMC’s open, rest depends on weather and prices.. - Weather is in cold blast mode few pockets temp is sub zero some loss to standing crop.. weather will be clear soon slow rainfall activities possible.. cold wave setting in North India very much needed for rabi crops.