contt

COTTONGURU™ Daily Report

Posted on

Arrivals as on 28/08/17 is about 0.02 lakh bales.
Market: Steady
1) MCX
Oct: 18630 (0)
Nov: 18140 (0)
Dec: 18080 (-10)

2)

 

For more brief reports of cotton market and Buy Sell Options, download COTTONGURU™ App: https://play.google.com/store/apps/details?id=com.websqour.cottonguru

For detailed reports on global cotton markets, subscribe to COTTONGURU™ Fortnightly Newsletter on http://www.cottonguru.org

Advertisements

COTTONGURU™ Daily Report

Posted on Updated on

Arrivals as on 28/08/17 is about 0.02 lakh bales.
Market:
1) MCX
Oct: 18530 (-50)
Nov: 18040 (-100)
Dec: 17980 (-110)

2) China: State Reserve Auction

Reserve cotton turnover of 29,500 tons of all transactions (8.28) August 28, 2017

China Cotton Information Network News Bulletin August 28 cotton reserves to round out the sales resources 29536.368 tons, the actual turnover of 29,536.368 tons, the turnover rate was 100.00%. The highest transaction price of 15910 yuan / ton (2012 Xinjiang cotton), the lowest transaction price of 13,400 yuan / ton (2011 real estate cotton). The average transaction price of 14526 yuan / ton (compared with the previous day price rose 450 yuan / ton);

Number of textile entrepreneurs: 59.09%, non-textile enterprises accounted for 40.91%.

March 6, 2017 to August 28, the cumulative output of cotton stocks accounted for 257.19 million tons, turnover rate of 69.72%.

 

For more brief reports of cotton market and Buy Sell Options, download COTTONGURU™ App: https://play.google.com/store/apps/details?id=com.websqour.cottonguru

For detailed reports on global cotton markets, subscribe to COTTONGURU™ Fortnightly Newsletter on http://www.cottonguru.org

COTTONGURU™ Daily Report

Posted on

Arrivals as on 22/08/17 is about 0.02 lakh bales.
Market:
1) MCX
Oct: 18350 (80)
Nov: 17970 (100)
Dec: 17880 (90)

 

For more brief reports of cotton market and Buy Sell Options, download COTTONGURU™ App: https://play.google.com/store/apps/details?id=com.websqour.cottonguru

For detailed reports on global cotton markets, subscribe to COTTONGURU™ Fortnightly Newsletter on http://www.cottonguru.org

COTTONGURU™ Daily Report

Posted on

Arrivals as on 21/08/17 is about 0.02 lakh bales.
Market:
1) MCX
Oct: 18260 (80)
Nov: 17810 (70)
Dec: 17730 (70)

For more brief reports of cotton market and Buy Sell Options, download COTTONGURU™ App: https://play.google.com/store/apps/details?id=com.websqour.cottonguru

For detailed reports on global cotton markets, subscribe to COTTONGURU™ Fortnightly Newsletter on http://www.cottonguru.org

COTTONGURU™ Daily Report

Posted on

Arrivals as on 21/08/17 is about 0.02 lakh bales.
Market: Steady
1) MCX
Oct: 18160 (-100)
Nov: 17700 (-80)
Dec: 17630 (-70)

For more brief reports of cotton market and Buy Sell Options, download COTTONGURU™ App: https://play.google.com/store/apps/details?id=com.websqour.cottonguru

For detailed reports on global cotton markets, subscribe to COTTONGURU™ Fortnightly Newsletter on http://www.cottonguru.org

COTTONGURU™ Daily Report

Posted on

Arrivals as on 18/08/17 is about 0.02 lakh bales.
Market: Steady
1) CAB Balance sheet for 2016- 17 ( Meeting 18th August 2017)
Opening 36:44.
Crop :. 345:00
Imp.:. 26:00
Expo.:. 60:00
Consu.: 311.50
Ending
Stock :. 035.94

2) Telangana Announces Textile and Apparel Incentive Scheme:

1) Capital subsidy of 25% will be provided for conventional textile industries and 35% for technical textiles.

2) Capital incentive of 20% of cost of plant and machinery up to Rs 5 crore per unit will be provided to existing units for modernisation and adoption of advanced technologies.

3) Power subsidy ranging from Rs 1-2 per unit will be provided depending on the size of each industry up to five years.

4) The government will reimburse 100 per cent of stamp duty paid for land purchase or lease.

5) GST collected on end product within value chain, will be reimbursed 100% for a period of seven years.

6) The incentives will be applicable for both new industries as well as existing units for the next five years.

 

For more brief reports of cotton market and Buy Sell Options, download COTTONGURU™ App: https://play.google.com/store/apps/details?id=com.websqour.cottonguru

For detailed reports on global cotton markets, subscribe to COTTONGURU™ Fortnightly Newsletter on http://www.cottonguru.org

COTTONGURU™ Daily Report

Posted on Updated on

Arrivals as on 18/08/17 is about 0.02 lakh bales.
Market: Steady
1) MCX
Oct: 18440 (90)
Nov: 17910 (90)
Dec: 17820 (60)

2) India cotton export reduce, Import Increase – Textile commissioner
*2016/17 cotton imports at 2.6 million bales versus 2.28 million bales year ago – India’s textile commissioner Kavita Gupta says on Friday
*2016/17 cotton output at 34.5 million bales versus 33.2 million bales year ago
*2016/17 cotton exports at 6 million bales versus 6.9 million bales year ago
*India cotton financial year runs from October to September

Source: Market Mirror

For more brief reports of cotton market and Buy Sell Options, download COTTONGURU™ App: https://play.google.com/store/apps/details?id=com.websqour.cottonguru

For detailed reports on global cotton markets, subscribe to COTTONGURU™ Fortnightly Newsletter on http://www.cottonguru.org