Top Headlines
  • DTN Cotton Closing: Cotton Sharply Higher

    By Oct 20, 2020 10:30 AM

    Cotton Sharply Higher, Driven by Chart The cotton market cleared overhead resistance Monday to close above the all-psychologically important 70-cent level. Last week saw speculators add more long futures, swelling their bullish position to nearly 60,000 contracts. The huge increase in open interest is encouraging other traders to buy the trend as well. Fundamentally, traders believe the size of the 2020 crop is overstated by the government as two recent hurricanes pushed across the U.S. Delta and the Southeast with punishing winds and rains. With the crop at 80%+ bolls open, some traders fear most losses have yet to be tabulated.

  • China weaves Australia a yarn

    By Oct 17, 2020 1:12 PM

    The Australian press today is reporting that China is warning cotton mills not to buy Australian cotton, or risk having their import quotas slashed. The press further suggests that China is set to slap tariffs on Australian cotton. If correct, it will be another escalation China's reprisals against Australia as China continues to signal its displeasure with Australia's diplomatic posture towards it.

  • Arhityas from cotton belt staged protest outside Cotton Corporation of India

    By Oct 17, 2020 11:36 AM

    The arthiyas from the cotton belt in Punjab, Haryana, and Rajasthan on Thursday staged a protest outside the Cotton Corporation of India (CCI) office in Bathinda.

  • DTN Cotton Closing: Cotton Ends Higher

    By Oct 17, 2020 11:28 AM

    Cotton Ends Higher, on Charts, Weather December cotton posted a milestone trade Friday by trading about the 70-cent mark. Of late, the market’s bullish action has been driven by certain technicals, such as its well-defined chart channel, and then by adverse weather events. The latter included Hurricanes Laura, Sally, and Delta, as well as peripheral conditions of cloudy and wet. The positive technicals include the trend-channel pattern, which originated on April 2, at 50.18 cents.

Interview
  • SUCCESS STORY OF FARMER IN MH

    BABAN YEDE (Contact No 9503490538)

    Farmer 23/Aug/2017

    Myself Baban Bhagwan Yede, staying At Post Anjanvati Village, Dist. Beed, (MH). I stay in a village whose population is about3000 and nearly 350 families belong to the farming community. I am 56 years farmer and did my 4th Std. My educational carrier I had decided to do the farming in a better way. I am having 13 acres of land, in which we use 4 acres of land for growing cotton, 5 acres of land for growing Udit and on balance 3 acres other crop like turmeric etc.

  • ACCORDING TO MUKESH TAYEGI JI GOVERNMENT SHOULD ALLOW DUTY FREE IMPORT AND EXPORT OF RAW COTTON

    MUKESH TAYEGI VICE PRESIDENT OF NITMA

    NITMA 19/Aug/2017

    ACCORDING TO MUKESH TAYEGI JI GOVERNMENT SHOULD ALLOW DUTY FREE IMPORT AND EXPORT OF RAW COTTON WHICH IS CURRENTLY IN POLICY AND SHOULD BE CONTINUED, TO HAVE GOOD TRADE IN UPCOMING DAYS.

  • SUCCESS STORY OF FARMER IN MH

    Vinod Dhangar (Contact No.8888382972)

    Farmer 12/Aug/2017

    Myself Vinod Ravindra Dhangar, staying at Visteda Village, Dist. Jalgaon, (MH). I stay in a village whose population is about 20000 and nearly 800-900 families belong to the farming community. I am 30 years old farmer and did my SSC. My father is doing farming from years together but the type of farming was a traditional one. After my educational carrier, I had decided to help my father and to do the farming in a better way. I am having 8 acres of land, in which we use 5 acres of land for growing cotton, and on balance 3 acres another crop like Moong.

Spot Prices
Cotton: Maharashtra (19/Oct 10:35 AM)

AGD (BB/29M) 37,000 300 0.82 %
Akola (Fardar/25/27M) 0 0 100.00 %
NGP (MECH-1/28M) 0 0 100.00 %
NGP (MECH-1/29M) 37,800 0 0.00 %
Yarn: Punjab (16/Oct 02:35 PM)

Ludhiana(20S Comb(Wrap)) 175 9 5.42 %
Future Prices (19/Oct 10:23 AM)
ICE Cotton No.2 (USC/LB)
Dec 31, 2020 70.83 0.91 1.30 %
Mar 01, 2021 71.45 0.89 1.26 %
May 31, 2021 72.07 0.84 1.18 %
ZCE (Yuan/Ton)
Nov 30, 2020 14,635.00 475.00 3.35 %
Jan 31, 2021 14,895.00 430.00 2.97 %
Mar 31, 2021 15,025.00 495.00 3.41 %
Exchange Rates (19/Oct 10:23 AM)
1 US $ = Rs 73.41
0.07 0.10%
1 UK £ = Rs 94.88
0.05 0.05%
1 Eur € = Rs 85.93
0.11 0.13%
100 ¥en = Rs 69.63
-0.05 -0.07%
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