All India Cotton Arrivals 03-Jan-2023

By: Navneet Saini, India

All India Cotton Arrivals
-North India 15000
-MP 7000
-Gujrat 34000
-Maharashtra 25000
-Karnataka 6000
-Andhra Pardesh 6000
-Telangana 10000
-Tamil Nadu 1000
-Orrisa 1500
Total Arrivals :105500+-3%.
Arrivals steady to down today, raw cotton price starts improving farmer reluctant to sell again, arrivals still slow, good improvements is expected in Gujrat as arrivals improving slowly, arrivals stable to down in South India most of APMC’s active.
-Arrivals stable today picking is in full pace. Today narma price stable to up after free fall 5 days back, physical market in North India approx 8000 to 8850 in the physical market.
Same trend in Gujrat and Maharashtra, raw cotton prices 7500 to 8900 today.
-All Gujrat APMC’s opens, now arrivals in APMC are 11 to12 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 there is a small increase in arrivals in Gujrat at present.

  • MP arrivals are stable to up today farmer selling still slowly.
  • Maharashtra Arrivals are picking up slowly but local farmers are still reluctant to sell. arrivals slow again arrivals in Marathwada and Vidarbha region started picking up slowly. Arrivals at present are nearly half as compared to last year at present.
    -Today Cotton prices are stable to plus, but still no major buyer in market, for physical buying big mills are inactive, little physical buying by local mills lower levels buyer active, today current prices market is upside down Today cotton price in North India are 6100 to 6450 per maund.
    CCI started commercial purchase from open market in Maharashtra, Telangana and Orrisa today kapas price 8000 to 8200 soon few more center may start.
    -Cotton seed stable to upside today due to khal demand in khal and market plus in wash oil, many stations up in physical, now panic seems over in seller, today buyer is active and seller is inactive in good centers, prices increase 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 is weak on higher levels due to NCDEX movement. little buying is observed. No no bulk buying is observed due to high rates, today good business in seed and cake till now, today khal some center stable to up 30 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 dull business from South side prices also increases but buyer and seller not much interested. Price range 3000 to 4000 south spot.
    -Further arrivals will improve in coming days, after all APMC’s open, rest depends on weather and prices.
    -Oil market is stable to positive today, after profit bookings. Wash price currently on upside price may reach 1220 to 1250 in coming days, little demands start, due to weak wash price huge disparity to Oil Millers, if same thing continues then it will be very hard to manage.
  • Weather will be almost clear in most of India. a weak Western disturbance is over North India. Slow rainfall activities possible. cold wave setting in North India soon. Very much needed for rabi crops.
  • All views are personal, based upon research plz consult from your trusted partners to take any call based on information.

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