STAY UPDATED WITH COTTON UPDATES ON WHATSAPP AT AS LOW AS 6/- PER DAY
Start Your 7 Days Free Trial Today*All India Weather Forecast for November 09, 2021**Countrywide weather systems*The Depression over East Central Arabian Sea is moving in a west-northwest direction and the associated cyclonic circulation is extending up to 5.8 km above mean sea level.A trough from the cyclonic circulation associated with the depression is extending up to Northeast Arabian Sea off South Gujarat coast.A Cyclonic Circulation lies over North Coastal Tamil Nadu and South Coast of Andhra Pradesh.A Cyclonic Circulation is persisting over Southeast Bay of Bengal and adjoining South Andaman Sea. Under its influence, a low pressure area is expected to form over southeast Bay of Bengal by tomorrow, November 9. It will become more powerful and move ahead of Tamil Nadu.*Weather movement across the country during the last 24 hours*During the last 24 hours, light to moderate rain at isolated places occurred over parts of Tamil Nadu, Rayalaseema, South Coastal Andhra Pradesh and Andaman and Nicobar Islands.Moderate rainfall occurred at 1-2 places with isolated light rain over South Interior Karnataka, Lakshadweep and Kerala.Air pollution remained in very poor category in Delhi and NCR.*Possible weather activity during next 24 hours*During the next 24 hours, light to moderate rain with isolated heavy falls very likely over Tamil Nadu, parts of Rayalaseema, Coastal Andhra Pradesh and Andaman & Nicobar Islands.Light to moderate rain may occur over South Interior Karnataka, Kerala and Lakshadweep.
Today evening, the rupee strengthened by 44 paise to close at 74.02 against the dollar.Sensex rises 480 points, then crosses 60,000 markToday the stock market closed sharply. Today, where the Sensex closed at the level of 60545.61 points with a gain of about 477.99 points. On the other hand, Nifty closed at 18068.50 with a gain of 151.70 points. Today, the rise of the stock market can also be considered good because the Sensex managed to get out of 60,000 points and Nifty above 18,000 points.
Rupee opens 20 paise stronger against dollarRupee opened strongly against the dollar in the foreign exchange market today. Today the rupee opened with a strength of 20 paise at Rs 74.25 against the dollar. At the same time, the rupee on Wednesday closed at Rs 74.45 with a gain of 22 paise against the dollar.
Brisk start in, opened up 209 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 208.70 points to open at the level of 60276.32 points
*All India Weather Forecast for November 08, 2021**Countrywide weather systems*An area of low pressure is persisting over East-central Arabian Sea. The associated cyclonic circulation extends up to 5.8 km above mean sea level. It is likely to intensify into a depression by this evening and will continue its motion in a northwesterly direction off the Indian coast.A trough is extending from the above cyclonic circulation up to Northeast Arabian Sea up to South Gujarat Coast.Another cyclonic circulation lies over West Central Bay of Bengal off South Andhra Pradesh and North Tamil Nadu coast.A cyclonic circulation lies over southeast Bay of Bengal. Due to its impact over the same area, a low pressure area is expected to develop, which will move in a northwest direction towards Tamil Nadu coast.*Weather movement across the country during the last 24 hours*During the last 24 hours, moderate to heavy rains occurred over South Coast of Andhra Pradesh and North Coastal Tamil Nadu.Light to moderate rain with isolated heavy falls occurred over remaining parts of Tamil Nadu.Light to moderate rain occurred over some parts of Kerala, South Interior Karnataka, Coastal Karnataka, Konkan and Goa and parts of Madhya Maharashtra.*Light rain fell in Lakshadweep.**Possible weather activity during next 24 hours*During the next 24 hours, heavy to very heavy rain is possible at isolated places over Coastal Andhra Pradesh and Tamil Nadu Coast.Light to moderate rain with isolated heavy rain is likely over remaining parts of Tamil Nadu, South Interior Karnataka and Andaman and Nicobar Islands.Light to moderate rain is possible over Coastal Karnataka, parts of Kerala, Konkan and Goa, Madhya Maharashtra and Lakshadweep.Moderate to strong winds blowing from Northeast direction can improve Delhi's pollution to some extent.
Rupee opens 4 paise stronger against dollarRupee opened strongly against the dollar in the foreign exchange market today. Today the rupee opened with a strength of 4 paise at Rs 74.64 against the dollar. At the same time, on Tuesday, the rupee closed at 74.68 against the dollar with the strength of 19 paise.Sensex opens sharply, rises 252 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 252.26 points to open at the level of 60281.32 points. On the other hand, the Nifty of NSE opened with a gain of 61.20 points at the level of 17950.20 points.
*Cotton prices hit Rs 10,000, ride wave of low yield**Diwali has arrived a little earlier for cotton farmers as prices have touched Rs 10,000 per quintal against Rs 5,000 last year.*The farmers are jubilant over the rising prices as they are likely to fetch decent profits in the next two months.**Although unseasonal rains are worrying farmers in some places, a majority are relieved as they have sold their first pick of the yield during the current season.**Sources said prevailing prices are the highest in the recent past and are likely to go up in the next few weeks depending on quality of the stock. Market analysts said reports about low yields from the cotton producing states of Maharashtra, Karnataka and Madhya Pradesh due to heavy rains and cyclones are reported to have created demand for cotton from Andhra Pradesh and Telangana.**Traders initially offered around Rs 6,500 per quintal at the beginning of the season last month and slowly increased prices. With more players joining the trade, prices jumped to Rs 10,000 per quintal in select markets, including Adoni in Kurnool district.**Sources said* *the textile industry returning to full production levels after nearly two years is also a major reason for increased demand for cotton across the globe.**Interestingly, the Cotton Corporation of India (CCI) has not launched procurement* *operations by setting up purchase centres anywhere in the state due to heavy demand for stocks from traders.*
*All India Weather Forecast for November 03, 2021**Countrywide weather systems*The Low Pressure Area is presently over Comorin and adjoining Sri Lanka coast. This system is expected to emerge over Southeast Arabian Sea within the next 48 hours. Thereafter, the system will move north-northwest and become more marked.The Western Disturbance over Western Himalayas is running as a trough.A trough is extending from a low pressure area to West Central Bay of Bengal off Andhra coast across Tamil Nadu.A Cyclonic Circulation is persisting over North Pakistan and adjoining areas.*Weather movement across the country during the last 24 hours*During the last 24 hours, isolated parts of Odisha witnessed heavy rains.Moderate rains were observed over parts of Tamil Nadu, Andhra Pradesh, Kerala.Light rain was observed over some parts of Karnataka and isolated parts of Northeast India.*Possible weather activity during next 24 hours*During the next 24 hours, moderate to heavy rains are very likely over Tamil Nadu and Puducherry along with some parts of Coastal Andhra Pradesh, Kerala and Telangana.Good rain in Rayalaseema and South Interior Karnataka and Lakshadweep
The rupee today strengthened by 19 paise to close at 74.68 against the dollar.Although the rupee also started with an increase today. The rupee opened against the dollar today with a gain of 4 paise at 74.83. On the other hand, the rupee had closed at a level of 74.87 against the dollar in Monday's trading.Today the stock market closed with a fall.Today where the Sensex closed at the level of 60029.06 points with a fall of about 109.40 points. On the other hand, Nifty closed at the level of 17889.00 points down by 40.70 points.
Rupee opens 2 paise stronger against dollarRupee opened strongly against the dollar in the foreign exchange market today. Today the rupee opened with a strength of 2 paise at Rs 74.84 against the dollar. At the same time, on Monday, the rupee strengthened by 2 paise to close at Rs 74.86 against the dollar.
Sensex opens sharply, rises 213 pointsToday the stock market opened with great momentum. Today the BSE Sensex opened with a gain of 213.04 points at the level of 60351.50 points. On the other hand, NSE's Nifty gained 63.80 points to open at the level of 17993.50 points.
*PAKISTAN COTTON MARKET UPDATE**Spot rate holds present level amid slow trading**Official spot rate was firm on the local cotton market on Monday amid modest trading activity.**The Spot Rate remained unchanged at Rs 15400 per maund. The polyester fiber was available at Rs 247 per kg.**The rate of cotton in Sindh remained between Rs 12500 to Rs 16,000 per maund and the rate of cotton in Punjab was registered at Rs 14,200 to Rs 15,600 per maund.**The rate of the new crop of Phutti in Sindh was remained between Rs 4,500 to Rs 6,500 per 40 kg. While Phutti prices in Punjab were between Rs 5,500 to Rs 7,500 per 40 kg.**Similarly, prices of cotton in Balochistan were remained at Rs 13,800 to 16,000 per maund while Phutti prices were high as compared to other two provinces which were Rs 6,200 to 8,000 per maund, said Naseem Usman.**The rate of Banola in Sindh was between Rs 1,350 to Rs 2,000 per maund. While in Punjab rates of Banola were between Rs 15,50 to Rs 2,000 per maund. The rate of Banola in Balochistan today was Rs 16,000 to 2,000 per maund.**1000 bales of Khair Pur were sold at Rs 14600 to Rs 15200 per maund, 800 bales of Rohri were sold at Rs 14800 to Rs 5200 per maund, 400 bales of Sadiqabad, 200 bales of Kot Sabzal were sold at Rs 16000 per maund, 200 bales of Bahwal Pur were sold at Rs 15200 per maund, 200 bales of Faqeer Wali were sold at Rs 15300 per maund, 800 bales of Yazman Mandi, 1600 bales of Haroonabad were sold at Rs 15000 per maund, 400 bales of Bahawal Nagar were sold at Rs 14300 per maund and 400 bales of Sehar Sultan were sold at Rs 14825 per maund.**Cotton Analyst Naseem Usman told that surging cotton rates in local and global markets are feared to hit Pakistan's textile exports hard as a huge increase in cost of production would drastically compromise their competitiveness.*
*Cotton prices in Punjab hit an all-time high, cross ₹10,000 level**Due to the increasing demand for Indian yarn in the global market, cotton prices may see a further rise.**About 2,080 quintals of cotton were procured by private buyers in Muktsar on November 1 and so far 1.31 lakh quintals have been sold in the district.**The "white gold" crop touched a record breaking rate of Rs 10,500 per quintal on the first day of November, three days after official estimates of heavy losses in raw cotton production this year.**According to the official data of Punjab Mandi Board, the rate of cash crop in Muktsar was told in five digits on Monday.**It was not confirmed how much quantity was procured for the historical rate of ₹10,500 per quintal, which was 77% higher than the minimum support price of ₹5,925 fixed by the central government for the 2021-22 kharif season.**Industry sources said this is the first time that cotton prices have crossed Rs 10,000.**Due to the ongoing high demand for Indian yarn in the global market, the prices are likely to see a further rise.**About 2,080 quintals of cotton were procured by private buyers in Muktsar on November 1 and so far 1.31 lakh quintals have been sold in the district.**Districts growing semi-arid cotton reported sales of 6.35 lakh quintals till November 1.**In the 2020-21 season, Punjab produced about 50 lakh quintals of cotton.**Before cotton harvesting began, the industry and the Cotton Corporation of India, a central-government agency, had estimated rates higher than the MSP based on market trends.**However, the deadly pink bollworm infestation in major cotton growers Bathinda and Mansa dashed the hopes of farmers.**Today 11,258 quintals of cotton were sold by the farmers in various mandis of South Malwa district.**The Punjab government has described Bathinda and Mansa districts as the most affected by the pink bollworm attack, with rates between Rs 9,600 and Rs 9,330 per quintal.**Till November 1, Bathinda has bought 1.30 lakh quintals and private buyers 1.43 lakh quintals.**This season, Fazilka, which remained unaffected by the pest attack, is leading with 2.12 lakh quintals and the cotton rate on Monday stood at ₹8,800-9,095 per quintal.*
*All India Weather Forecast for November 02, 2021**Countrywide weather systems*The Low Pressure Area is presently over Tamil Nadu Coast and Sri Lanka and is expected to remain over the same area for few more days and then move westwards.A fresh Western Disturbance is over Western Himalayas.A Cyclonic Circulation is persisting over North Pakistan and adjoining areas.*Weather movement across the country during the last 24 hours*During the last 24 hours, several parts of Tamil Nadu and Kerala witnessed moderate to heavy rains.Light to moderate rain was observed over isolated parts of Andhra Pradesh, Karnataka, Goa, Lakshadweep, Andaman and Nicobar Islands.No significant change in temperature was observed over the northwest and central parts of the country.*Possible weather activity during next 24 hours*During the next 24 hours, moderate to heavy rains are very likely over Tamil Nadu and Puducherry along with some parts of Coastal Andhra Pradesh, Kerala and Telangana.Good rains are expected over Rayalaseema and South Interior Karnataka.Light to moderate rain may occur over Andaman and Nicobar Islands and Lakshadweep. *SiS Commited to update you on all textile related news real time.**Regards**Team Sis**Any query plz call 9111977771*Smartinfoindia.com*https://wa.me/919111977775*
Today evening, the rupee strengthened by 1 paise to close at Rs 74.86 against the dollar.Sensex rose again by 832 points to 60 thousandToday the stock market closed sharply. Today, where the Sensex closed at the level of 60138.46 points with a gain of about 831.53 points. On the other hand, Nifty closed at the level of 17929.70 points with a gain of 258.00 points.
Rupee ruffled against the dollar, opened 12 paise weakRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 12 paise at Rs 75.00 against the dollar. At the same time, the rupee on Friday closed at Rs 74.88 with a gain of 5 paise against the dollar.Strong opening in Sensex, opened up by 414 pointsToday the stock market opened with great momentum. Today the BSE Sensex rose by about 413.76 points to open at the level of 59720.69 points. On the other hand, the Nifty of NSE opened with a gain of 151.40 points at the level of 17823.10 points.
*Cotlook’s October supply and demand forecasts indicate**greater decrease in world stocks**Cotlook’s estimate of raw cotton output during the 2020/21 season has been maintained during October.**Global consumption has been raised modestly, owing to an upward adjustment for the Indian subcontinent. World stocks are therefore estimated to have decreased by 1,359,000 tonnes by July 31, 2021.**For the 2021/22 season, production has been lowered slightly, owing to a considerable decrease for the United States that was partially offset by a rise for Pakistan. Conversely, consumption was raised by 50,000 tonnes, due to a change for the Indian subcontinent. Hence, global cotton stocks are forecast to be reduced by 207,000 tonnes by the end of 2021/22, compared with 122,000 a month ago.*
*All India Weather Forecast for November 01, 2021 **Countrywide weather systems*A Low Pressure Area is presently over Sri Lanka, off Tamil Nadu coast and is very likely to move westwards in the next 3-4 days.A weak Western Disturbance is likely to affect the Western Himalayas around November 1.*Weather movement across the country during the last 24 hours*During the last 24 hours, moderate to heavy rains were observed over many parts of Tamil Nadu, Kerala and South Interior Karnataka.Light to moderate rain was observed over isolated parts of Andhra Pradesh, Northeast India, Lakshadweep, Andaman and Nicobar Islands.No significant change in temperature was observed over the Northwest and Central part of the country.*Possible weather activity during next 24 hours*During the next 24 hours, moderate to heavy rains are very likely over Coastal Andhra Pradesh, Kerala along with Tamil Nadu and Puducherry.Good rains are expected over Rayalaseema and South Interior Karnataka.Light to moderate rain may occur over Andaman and Nicobar Islands and Lakshadweep.The minimum temperatures are likely to drop over some parts of Bihar, Jharkhand and Gangetic West Bengal.
PAKISTAN COTTON MARKET UPDATEVolume of business satisfactory on cotton marketThe Spot Rate Committee of the Karachi Cotton Association on Friday has increased the spot rate by Rs 100 per maund and closed it at Rs 15400 per maund.The Spot Rate Committee of the Karachi Cotton Association on Friday has increased the spot rate by Rs 100 per maund and closed it at Rs 15400 per maund. The polyester fibre was available at Rs 247 per kg.The local cotton market remained bullish and trading volume remained satisfactory.The rate of cotton in Sindh remained between Rs 12000 to Rs 16,000 per maund and the rate of cotton in Punjab was registered at Rs 14,500 to Rs 15,800 per maund.The rate of the new crop of Phutti in Sindh was remained between Rs 4,500 to Rs 6,500 per 40 kg. While Phutti prices in Punjab were between Rs 5,800 to Rs 7,800 per 40 kg.Similarly, prices of cotton in Balochistan were remained at Rs 14,500 to 15,800 per maund while Phutti prices were high as compared to other two provinces which were Rs 6,800 to 8,200 per maund, said Naseem Usman.The rate of Banola in Sindh was between Rs 1,350 to Rs 1,950 per maund. While in Punjab rates of Banola were between Rs 16,00 to Rs 2,100 per maund. The rate of Banola in Balochistan today was Rs 16,000 to 2,000 per maund.2600 bales of Dherki were sold at Rs 15900 to Rs 16000 per maund, 800 bales of Pano Aqil were sold at Rs 15700 per maund, 400 bales of Ghotki were sold at Rs 15900 per maund, 1200 bales of Mir Pur Mathelo were sold at Rs 15600 to Rs 15900 per maund, 600 bales of Ubaro were sold at Rs 15800 per maund, 200 bales of Sarhad were sold at Rs 15700 per maund, 1200 bales of Rohri were sold at Rs 14500 to Rs 14700 per maund, 2000 bales of Sadiqabad, 4000 bales of Rahim Yar Khan were sold at Rs 15500 to Rs 15600 per maund, 1000 bales of Khair Pur were sold at Rs 15600 per maund, 800 bales of Mian Wali were sold at Rs 15500 to Rs 15550 per maund, 1200 bales of Haroonabad were sold at Rs 14800 to Rs 15400 per maund, 2000 bales of Fort Abbas were sold at Rs 15200 per maund, 400 bales of Lodhran were sold at Rs 15000 per maund, 800 bales of Dharan Wala were sold at Rs 14775 to Rs 15000 per maund, 1000 bales of Yazman Mandi were sold at Rs 14850 to Rs 15000 per maund, 400 bales of Kassowal were sold at Rs 15000 per maund, 400 bales of Faqeer Wali were sold at Rs 14850 per maund, 400 bales of Layyah were sold at Rs 14775 per maund.
Measures sought to boost cotton productionThe Southern India Mills’ Association (SIMA) has sought measures to increase cotton production in Tamil Nadu for the benefit of the textile mills here. Association chairman Ravi Sam and chairman of Confederation of Indian Textile Industry T. Rajkumar met Chief Minister M.K. Stalin in Chennai on Friday.They said with Tamil Nadu being the largest yarn producer in the country and since cotton was the main raw material for these mills, the State should increase cotton production. The current production of five lakh bales of cotton a year should be increased to 30 lakh bales. The Cotton Cultivation Mission should be brought under the Department of Textiles in the State and the Association’s cotton division (Cotton Development and Research Association) should be also be involved in these measures.Mr. Ravi Sam and Mr. Rajkumar also appealed to the Chief Minister to maintain status quo on the power front, especially regarding wind power evacuation and banking facility for the old wind mills too. The mills should be permitted to install rooftop solar panels upto the sanctioned demand, and should be able to continue third party power purchase for less than one MW too. All Micro, Small and Medium-scale Enterprises (MSMEs) that had upto 500 KW rooftop solar power should be permitted to have net metering.In a move to settle all disputes related to electricity, the government should come out with a “Samadhaan Scheme”, they said.Mr. Ravi Sam and Mr. Rajkumar also met the officials and Minister for Industries Thangam Thennarasu. The Association plans to felicilate the Chief Minister at a function planned here next month, a release said.
title | Created At | Action |
---|---|---|
*All India Weather Forecast for November 09, 2021* | 09-11-2021 07:33:41 | view |
Today evening, the rupee strengthened by 44 paise to close at 74.02 against the dollar | 08-11-2021 16:28:17 | view |
Rupee opens 20 paise stronger against dollar | 08-11-2021 10:22:39 | view |
Brisk start in, opened up 209 points | 08-11-2021 10:22:11 | view |
*All India Weather Forecast for November 08, 2021* | 08-11-2021 07:32:08 | view |
Rupee opens 4 paise stronger against dollar | 03-11-2021 11:31:43 | view |
Cotton prices hit Rs 10,000, ride wave of low yield | 03-11-2021 07:49:09 | view |
*All India Weather Forecast for November 03, 2021* | 03-11-2021 07:26:57 | view |
The rupee today strengthened by 19 paise to close at 74.68 against the dollar | 02-11-2021 16:51:47 | view |
Rupee opens 2 paise stronger against dollar | 02-11-2021 10:41:47 | view |
Sensex opens sharply, rises 213 points | 02-11-2021 10:41:22 | view |
*Spot rate holds present level amid slow trading* | 02-11-2021 08:06:26 | view |
Cotton prices in Punjab hit an all-time high, cross ₹10,000 level | 02-11-2021 07:57:53 | view |
*All India Weather Forecast for November 02, 2021* | 02-11-2021 07:23:32 | view |
Today evening, the rupee strengthened by 1 paise to close at Rs 74.86 against the dollar | 01-11-2021 17:25:09 | view |
Rupee ruffled against the dollar, opened 12 paise weak | 01-11-2021 10:54:22 | view |
Cotlook’s October supply and demand forecasts indicate | 01-11-2021 08:10:02 | view |
*All India Weather Forecast for November 01, 2021 * | 01-11-2021 07:27:56 | view |
PAKISTAN COTTON MARKET UPDATE | 30-10-2021 11:29:49 | view |
Measures sought to boost cotton production | 30-10-2021 11:28:36 | view |