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Weekly Summary Report: Cotton Bales Sold by Cotton Corporation of India (CCI)Cotton Corporation of India (CCI) conducted online bidding for cotton bales throughout the week, with the daily sales summary being as follows:May 27, 2025: CCI sold a total of 900 bales (2024-25 season) in the Mills session and no bales in the Traders session.May 28, 2025: Total sales were 4,500 bales (2024-25 season), comprising 600 bales in the Mills session and 3,900 bales in the Traders session.May 29, 2025: CCI sold a total of 11,600 bales - comprising 11,500 bales of 2024-25 season and 100 bales of 2023-24 season. Out of the total, 7,600 bales (7,500 from 2024-25 and 100 from 2023-24) were sold during the Mills session while 4,000 bales from the 2024-25 season were sold during the Traders session.30 May 2025: The week concluded with the sale of 1,000 bales (2024-25 season) with 800 bales sold during the Mills session and 200 bales during the Traders session.Weekly Total:During the entire week, CCI successfully sold around 18,000 (approx.) cotton bales using its online bidding platform to streamline the sales and facilitate smooth trade operations.Stay tuned to SiS for real-time updates on the textile industry.    read more :-  Rupee lower 22 Paisa Against Dollar, Closes at 85.57

The Indian rupee ended 22 paisa lower on Friday at 85.57 to the dollar, while it opened at 85.35 in the morning.At close, the Sensex was down 182.01 points or 0.22 percent at 81,451.01, and the Nifty was down 82.90 points or 0.33 percent at 24,750.70. About 1,751 shares advanced, 2,087 shares declined, and 114 shares were unchanged.read more :- Trump tariffs blocked: What the US court ruling means for Indian market and global trade

US Court Blocks Trump Tariffs: Impact on Indian Market & Global TradeIn a landmark verdict, the U.S. Court of International Trade ruled that President Donald Trump exceeded his authority by invoking emergency powers to impose sweeping tariffs and halted most of Trump's tariffs from taking effect.The decision not only blocks the so-called “Liberation Day” tariffs in their tracks, but also sets the stage for broader legal challenges to executive-led trade actions. Motilal Oswal Financial Services outlines why this judgment could reshape global trade dynamics, and what it could mean for India.Legal brake on tariffs could ease U.S.-India trade talks“A pullback in U.S. tariff aggression creates space for India to strengthen trade positioning,” said Motilal Oswal. With Trump’s 26% reciprocal tariff threat now under legal cloud, India may gain leverage in its ongoing trade negotiations with Washington, especially as it offers deep tariff cuts on non-sensitive goods.Indian exporters may benefit as supply chains de-risk from ChinaMotilal Oswal noted that exporters in sectors like pharma and textiles could benefit if the ruling weakens the U.S.'s reliance on China-centric trade strategies. “Exporters in pharma, textiles, may benefit if global supply chains de-risk from China,” the brokerage said, pointing to India as a natural beneficiary of any diversification shift.Markets cheer legal clarity, Indian equities open higherThe decision triggered a positive sentiment wave in equities. “Markets may not react sharply as the original tariffs’ economic impact was limited,” Motilal Oswal said, “but this sets a big precedent for future administrations.” On Thursday, the Nifty 50 rose 0.29% while the Sensex climbed 0.34%, reflecting early optimism.Court ruling triggers repricing in safe-haven assetsThe risk-on mood hit safe-haven assets. Gold fell 0.7% to its lowest in over a week, while the U.S. dollar strengthened. According to Motilal Oswal, “Emergency powers are now under tighter judicial scrutiny,” leading investors to recalibrate expectations on trade-linked uncertainty and favour risk assets.Tariff agility curbed for future administrationsMotilal Oswal highlighted that the U.S. court's verdict “sets a precedent that may reduce future tariff agility — even in genuine crises.” With the court rejecting the use of a decades-old law to justify economic penalties, executive freedom over trade has now come under structural limits, adding new layers to trade policymaking.Legal uncertainty could shift the U.S.-China trade equationThe judgment introduces a new legal dimension to U.S.-China trade tensions. “U.S.-China trade tensions could enter a new phase of legal uncertainty,” Motilal Oswal observed, implying that geopolitical trade decisions may face more institutional checks, opening indirect windows of opportunity for competitors like India.read more :-Indian Rupee higher 03 Paisa, Ends at 85.50 per Dollar

Rupee rises 15 paise to 85.35 against US dollar in early tradeThe Indian rupee opened 15 paise stronger at 85.35 against the US dollar as compared to the close of 85.50 against the greenback a day ago.read more :- Indian Rupee higher 03 Paisa, Ends at 85.50 per Dollar

Rupee Rises by 03 Paise to Close at 85.50 Against US DollarThe Indian rupee on thursday higher 03 paise to close at 85.50 per dollar, while it opened at 85.53 in the morning. At the close, the BSE Sensex stood at 81,633.02, up 320.70 points, or 0.39 per cent. The index fluctuated in the range of 81,816.89 - 81,106.98.read more :- Maharastra :Cotton MSP hiked by 589, taking rates to 7,710-8,110/ quintal

Cotton MSP in Maharashtra Raised to ₹7,710–8,110/quintalNagpur: The govt has increased the minimum support price (MSP) for cotton, the major crop of the region, by Rs589. This takes the rates for long staple cotton to Rs8,110 a quintal and Rs7,710 per quintal for the medium staple grade.A section of farmers and activists said it was expected that MSP will be taken to at least Rs8,500 a quintal. According to govt calculations, cost of cultivation per quintal of cotton comes to Rs5,140. Against this, MSP of Rs8,110 leaves margin of Rs2,970 on each quintal of long staple cotton.Charudutta Mayee, ex-director of Central Institute of Cotton Research (CICR), said, "MSP should have been fixed at Rs8,500 a quintal to leave a decent profit for farmers."MSP for soyabean, the second major crop, has been increased by Rs436 to Rs5,328 a quintal. Rates of tur have been hiked by Rs450, taking it to Rs8,000 a quintal. The MSP for paddy has been hiked by Rs69, taking it to Rs2,369 a quintal.read more :- Rupee falls 17 paise at open to 85.53 against US dollar

 Rupee open 17 paise down at 85.53/USD as dollar index gainsIndian rupee opened 17 paise down on May 29 after the dollar index gained strength. The local currency traded at 85.53 against the US dollar at open as compared to 85.36 against the greenback at previous.read more :- Area under cotton cultivation up by 15% in Punjab, but long-term decline continues

Cotton Cultivation Grows in Punjab, Decline PersistsCotton cultivation in Punjab has registered a 15 per cent increase this year compared to 2024, offering a ray of hope for the state’s struggling cotton belt.However, the overall trend remains downward when viewed against the last five years, with the area under cotton cultivation continuing to shrink from its historical highs.The figure is likely to improve further as the data of the area under cotton sowing is to be collected till May 31.According to official data, the cotton-growing districts of Fazilka, Bathinda, Mansa, and Muktsar have so far covered 1.13 lakh hectares out of the targeted 1.29 lakh hectares, falling short of the target by 14.6 per cent.“The improvement is visible, though minor. Cotton sowing is almost complete, and final data will be available in early June,” said Jagdish Singh, Chief Agriculture Officer, Bathinda. “Based on the sale of seeds, we are expecting a further increase in the area under cotton by the end of May.”Rajinder Kumar, Chief Agriculture Officer, Fazilka, attributed the partial increase to better awareness and slight recovery of farmer confidence, though a double breach in the Punjawa Minor Canal affected irrigation and sowing timelines in parts of the district.Still far from past gloryDespite this year’s gain, the long-term decline in cotton acreage is stark.In 2019, cotton was sown on 3.35 lakh hectares.The numbers dropped to 2.5–2.52 lakh ha during 2020–2021, to 2.48 lakh ha in 2022, to 1.79 lakh ha in 2023, and further to 98,490 ha in 2024.The latest target of 1.29 lakh ha represents a deliberate scaling down in response to farmer disinterest, pest threats, and market uncertainties.Punjab boasted 8 lakh hectares under cotton cultivation during the 1980s.Experts trace the steady decline to the Green Revolution, which encouraged paddy cultivation in areas with canal water access, leaving only the saline-water-prone Malwa belt suitable for cotton.“Cotton was once white gold, but issues like whitefly and pink bollworm attacks, spurious seeds, and low MSP procurement by the Cotton Corporation of India have disillusioned farmers,” said Sukhjinder Singh Rajan, a Fazilka farmer.In 2015, a whitefly outbreak devastated 3.25 lakh hectares of cotton. A compensation of Rs 8,000 per acre was announced by the then SAD-BJP government.. A pink bollworm infestation in 2021 led to another round of farmer losses and a Rs 17,000 per acre relief package was announced by the then Congress government.read more:- Cabinet approves Minimum Support Prices (MSP) for Kharif Crops for Marketing Season 2025-26

Cabinet Approves Higher MSP for 14 Kharif Crops for 2025-26The Cabinet Committee on Economic Affairs (CCEA), chaired by Prime Minister Narendra Modi, has approved an increase in the Minimum Support Prices (MSP) for 14 Kharif crops for the 2025-26 marketing season.The MSP hike aims to ensure remunerative prices for farmers. The highest increase has been announced for nigerseed (₹820 per quintal), followed by ragi (₹596), cotton (₹589), and sesamum (₹579 per quintal).The MSP is calculated based on comprehensive production costs, including expenses on labour (human and animal/machine), leased land rent, seeds, fertilizers, irrigation, fuel, depreciation on equipment, interest on working capital, and the imputed value of family labour.The revised MSP aligns with the Union Budget 2018-19 policy of fixing MSP at least 1.5 times the all-India weighted average cost of production. Farmers are expected to receive the highest margins in bajra (63%), followed by maize (59%), tur (59%), and urad (53%). For other crops, the margin is estimated at around 50%.In recent years, the government has focused on promoting pulses, oilseeds, and nutri-cereals (Shree Anna) by offering higher MSPs to encourage diversification beyond traditional cereals.Procurement data highlights a significant rise over the past decade. Between 2014-15 and 2024-25, paddy procurement stood at 7,608 lakh metric tonnes (LMT), compared to 4,590 LMT during 2004-05 to 2013-14. Similarly, procurement of 14 Kharif crops reached 7,871 LMT during 2014-15 to 2024-25, up from 4,679 LMT in the previous decade.The total MSP payments to paddy farmers during 2014-15 to 2024-25 amounted to ₹14.16 lakh crore, significantly higher than ₹4.44 lakh crore paid between 2004-05 and 2013-14. Overall, MSP payments for 14 Kharif crops rose to ₹16.35 lakh crore during the same period, compared to ₹4.75 lakh crore in the earlier decade.Read More :- Indian Rupee higher 25 Paisa, Ends at 85.36 per Dollar

The Indian rupee on wednesday higher 25 paise to close at 85.36 per dollar, while it opened at 85.61 in the morning.The BSE benchmark index, the Sensex, ended with at 81,312 - down 239 points or 0.3 per cent on Wednesday amid weakness in FMCG stocks.read more :-Maharashtra: Farmers put cotton for sale as cotton prices rise

Maharashtra: Cotton Sale Surge Amid Price HikeMurtizapur : As the sowing days are approaching, there is ease in filling seeds through cotton sale.Last year, the sowing of cotton crop had increased a lot. Due to this, many farmers got good income from cotton per acre. Cotton was getting a price of 7000 to 7400 rupees per quintal. But cotton farmers were hoping that this price would increase and cotton would go up to 10 thousand rupees per quintal. Therefore, many farmers had kept their goods at home.At present, due to increase in cotton prices, the price has gone up to 8 thousand rupees per quintal. Sowing days are coming near, in such a situation, there is no possibility of much increase in the price, so the arrival of cotton in the market has increased due to farmers putting their goods for sale.It was told that 300 to 400 quintals of cotton is coming to Om Ginning and Pressing Factory here every day. If the prices are good in the season, this arrival increases to more than 1 thousand quintals per day. Many farmers still have stored cotton, and the farmers waiting for the price hike of Rs 10 thousand per quintal are quite disappointed. But due to slight improvement in the price of cotton, cotton producing farmers have taken out the stored cotton for sale.read more:- New Delhi : Textile Advisory Group Meeting on Cotton and MMF | Giriraj Singh