According to Angel Commodities, MCX cotton fell close to 3% last week and slipped to 4-month low (21,500 levels). However, it recovered and close at 21,640 rupees per bale.
According to Angel Commodities, MCX cotton traded in a narrow range last week and gain a little to close at 22,190 rupees per bale due to steady demand and reports of higher imports.
The domestic textile industry body based the projections on actual data collected from cotton-growing areas for the October-September 2018 crop season.
According to Angel Commodities, MCX cotton climb to its highest levels since November (22,540) last week but corrected to close at 22,260 rupees per bale due to fear of losing demand at higher prices.
According to Angel Commodities, MCX cotton jumps more than 2% last week tracking reports of export demand coming from China.
The exports from the world's biggest cotton producer will help China in augmenting supplies, but could weigh on global prices.
The main reason for the decline in the estimates of the crop is mainly low rainfall in many key cotton growing areas.
According to Angel Commodities, MCX cotton closed lower on Thursday tracking subdued demand and higher supplies in the domestic market.
The country could import 2.7 million bales in 2018/19 marketing year ending on September 30, up from 1.5 million bales a year ago
SC has overturned a judgment by the Delhi High Court which held that certain items such as seeds, plants and animals cannot be patented under Indian laws.
According to Angel Commodities, MCX Dec cotton closed lower on Thursday tracking weak trend in International prices.
Unfavourable weather led to the CAI reducing crop estimates for Gujarat by three lakh bales, Maharashtra by one lakh bales and Telangana by 1.5 lakh bales
According to Angel Commodities, MCX Nov cotton slump to 7 - week lower on Tuesday tracking weakness in international prices and balanced demand - supply situation in domestic market.
Here's a roundup of the key happenings in the commodities market, with a deep dive into some of the most active counters
According to Angel Commodities, MCX Oct Cotton closed higher on Monday due to good physical demand and reports of delay arrivals in Gujarat and Rajasthan, after three weeks of lower closing.
According to Angel Commodities, MCX Oct Cotton continue to trade lower on Monday to trade at 5 - weeks low on reports of improvement in acreage and lesser pest attacks in Maharashtra and good condition of cotton in main cotton growing states.
However, Ganatra said, the next couple of months (September-October) are crucial for the cotton crop, and give an actual picture of production.
According to Angel Commodities, MCX Oct Cotton edged lower on Wednesday tracking International cotton prices. Currently cotton is trading above 23,000 levels on reports on cut in production prospects by the cotton body.
According to Angel Commodities, MCX Oct Cotton closed little higher on Thursday due to reports of irregular rains in cotton growing states in the country which may affect yields.
Amid concerns over a trade spat between the US and China, Chinese importers have now turned to India for meeting their cotton demand
According to Angel Commodities, MCX Jul Cotton closed higher last week due to improved prices in the International prices.
Supply of vegetables like onions and potatoes has fallen in big cities including the financial capital Mumbai and national capital Delhi.
According to Angel Commodities, MCX Jul Cotton closed lower last week tracking weak trend in International prices. However, reports of good exports and slow sowing progress in the Country are keeping prices higher compared to last year prices.
According to Angel Commodities, MCX June Cotton corrected on Thursday as prices have been traded in a narrow range due to mixed fundamentals. A higher stock in the country and higher expected cotton exports to China from India may increase fivefold in coming cotton season is keeping prices sideways.
Maharashtra chief minister Devendra Fadnavis said MCX's assistance in creating a value chain with a final market linkage will help the farmers in planning their crop as well as demanding the right value in the market for their produce.