contton industry

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.

 

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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

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COTTONGURU™ Daily Report

Posted on

Arrivals as on 16/08/17 is about 0.02 lakh bales.
Market: Bearish
1) MCX
Oct: 18320 (-20)
Nov: 17810 (0)
Dec: 17730 (-20)

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

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COTTONGURU™ Daily Report

Posted on

Arrivals as on 14/08/17 is about 0.01 lakh bales.
Market: Bearish
1) MCX
Oct: 18350 (-30)
Nov: 17870 (-70)
Dec: 17800 (-60)

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 14/08/17 is about 0.02 lakh bales.
Market: Bearish
1) MCX
Oct: 18410 (-180)
Nov: 17940 (-170)
Dec: 17900 (-150)

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 01/08/17 is about 0.05 lakh bales.
Market: Steady
1)  Gujarat floods cause damage to kharif crop in 17 districts
*In gujarat Out of 4.77 million hectares, approx 814,000 hectares crops have been damaged in 17 districts of the state, said P A Patel, Deputy Director, Agriculture Department of Gujarat.
Survey for crop damage is still going on and the *final figure will be known by next week by an official.

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