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Current Cotton Scenario

(A) INTERNATIONAL COTTON SITUATION
World Demand & Supply Situation
World Cotton Prices
Current International Prices
(B) DOMESTIC COTTON SITUATION
Kapas Prices
Lint Prices
State-wise Production and Cotton Balance sheet 
Latest State-wise Arrivals
(C) CCI's OPERATIONS
Procurement of Kapas
Domestic Day's Sale Quotes
Export Day's Sale Quotes

 




World Demand & Supply Situation

Quantity in million Metric tons

Year Beginning August 1

02-03 03-04 04-05 05-06 06-07

07-08

World Beginning stock

11.97 9.29 8.79 11.74 12.33 12.42

World Cotton Production

19.31 21.13 27.02 25.53 26.66 26.24

World Cotton Consumption

21.53 21.66 23.70 25.04 26.66 26.76

World Cotton Exports

6.67 7.24 7.77 9.75 8.13 8.19

World Ending stocks

10.06 8.83 11.74 12.33 12.42 12.14
As per latest ICAC release dated 1st July 2008

 

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World Cotton Prices

Monthly average Cotlook A Index (FE) from 2004-05 onwards       

  2004-05 2005-06 2006-07 2007-08
  FE Index FE Index FE Index FE Index
  In US Cents per lb
August 51.91 53.23 59.88

66.62

September 55.03 53.94 58.82

68.12

October 50.89 57.74 57.03

  68.93

November 47.71 55.87 57.39

  69.68

December 47.51 56.09 59.43

 69.52

January 50.23 58.36 59.06

 73.21

February 48.69 59.66 57.86 75.05
March 55.34 57.59 58.42 80.18
April 55.99 56.23 57.13 75.44
May 54.90 54.35 55.57 74.12
June 52.66 55.14 60.61 77.04
July 53.17 55.42 67.84 77.29


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Current International Prices
Details of New York Futures as also Cotlook A and B Index are reported as under:

In US Cents per Lb

NEW YORK FUTURES

 
COTLOOK  A INDEX (FE)
 

05-08-08

06-08-07

 

05-08-08

06-08-07

Settle

Change

Settle Change
Oct 71.08 -60 61.95

INDEX A (FE)

78.60 0.60 69.75
Dec 73.85 -65 64.07
Mar 79.29 -66 67.10


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Kapas Prices
The Fortnightly average  kapas prices along with  percentage over Support prices for main varieties grown in the country during 2007-08 vis-à-vis 2006-07 cotton season:

Prices in Rs.per quintal

Month
Desi
%tage
J-34
%tage
H-4
%tage
S-6
%tage
BB
%tage
DCH-32
%tage
MSP 07-08 1350 1950 2030 2055 2070 2700
MSP 06-07 1320 1890 1990 2005 2020 2430
01-10-07 -- -- 2100 7.69 -- -- 2300 11.92 -- -- -- --
01-10-06 -- -- -- -- -- -- -- -- -- -- -- --
16-10-07 -- -- 2100 7.69 2150 5.91 2350 14.36 -- -- -- --
16-10-06 -- -- 1945 2.91 2050 3.02 2130 6.23 -- -- -- --
31-10-07 2100 55.56 2310 18.46 2280 12.32 2420 17.76 2170 4.83 2800 3.70
31-10-06 1890 43.18 1940 2.65 2150 8.04 2250 12.22 2050 1.49 3150 29.63
15-11-07 2125 57.41 2370 21.54 2290 12.81 2400 16.79 2130 2.90 2800 3.70
15-11-06 1820 37.88 1965 3.70 2030 3.02 2150 6.73 2020 0.00 3100 27.57
30-11-07 2300 70.37 2435 24.87 2250 10.84 2420 17.76 2130 2.90 2900 7.41
30-11-06 1860 40.91 2055 8.73 1990 0.00 2125 5.99 2020 0.00 3250 33.74
15-12-07 2275 68.52 2410 23.59 2240 10.34 2410 17.27 2120 2.42 2825 4.63
14-12-06 1830 38.64 2035 7.67 1990 0.00 2150 7.23 2020 0.00 3000 23.46
31-12-07 2320 71.85 2480 27.18 2375 17.00 2510 22.14 2170 4.83 2875 6.48
31-12-06 -- -- -- -- -- -- -- -- -- -- -- --
15-1-08 2380 76.30 2595 33.08 2520 24.14 2660 29.44 2350 13.53 2875 6.48
15-1-07 1740 31.82 1994 5.50 1990 0.00 2100 4.74 2020 0.00 2900 19.34
31-1-08 2410 78.52 2625 34.62 2530 24.63 2660 29.44 2350 13.53 2900 7.41
31-1-07 1780 34.85 2060 8.99 2100 5.53 2200 9.73 2125 5.20 2900 19.34
15-2-08 2440 80.74 2640 35.38 2575 26.85 2700 31.39 2390 15.46 2800 3.70
15-2-07 1920 45.45 2180 15.34 2275 14.32 2410 20.20 2150 6.44 2950 21.40
29-2-08 2475 83.33 2740 40.51 2640 30.05 2755 34.06 2480 19.81 2800 3.70
29-2-07 -- -- -- -- -- -- -- -- -- -- -- --
15-3-08 2475 83.33 2740 40.51 2640 30.05 2755 34.06 2480 19.81 2800 3.70
15-3-07 2120 60.61 2400 26.98 2350 18.09 2375 18.45 2140 5.94 2975 22.43
31-3-08 2500 85.19 2730 40.00 2670 31.53 2770 34.79 2470 19.32 2800 3.70
31-3-07 -- -- 2400 26.98 2305 15.83 2410 20.20 2275 12.62 2975 22.43
16-4-08 -- -- -- -- 2670 31.53 2790 35.77 2480 19.81 2800 3.70
16-4-07 -- -- 2410 27.51 2305 15.83 2425 20.95 2275 12.62 2975 22.43
30-4-08 -- -- -- -- 2700 33.00 2800 36.25 2480 19.81 -- --
30-4-07 -- -- -- -- 2300 15.58 2415 20.45 2265 12.13 -- --
15-5-08 -- -- -- -- 2700 33.00 2800 36.25 2480 19.81 -- --
15-5-07 -- -- -- -- 2260 13.57 2390 19.20 2240 10.89 -- --
                         
                         


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Lint Prices
Fortnightly lint prices, announced by the East India Cotton Association, Mumbai for main varieties durig 2007-08 vis-à-vis corresponding period last year.

(Lint prices in Rs. per candy spot)

 

DATE

DESI
J-34
LRA
H-4
S-6
DCH-32
07-08 06-07 07-08 06-07 07-08 06-07 07-08 06-07 07-08 06-07 07-08 06-07
1-10-07 15600 -- 17100 -- 19400 -- 19800 -- 20400 -- 30000 --
16-10-07 15500 14600 16900 15900 18600 16600 19000 17600 19300