*All India Weather Forecast for September 29, 2021** Weather systems made across the country *The depression over Telangana and adjoining Marathwada and Vidarbha has weakened into a low pressure area and is now over Marathwada and adjoining parts of Maharashtra.The Cyclonic Circulation lies over Northeast and adjoining East Central Bay of Bengal. Under the influence of this cyclonic circulation, a low pressure area is likely to form by the evening of 28 September.The Monsoon Trough is passing through Jaisalmer, Udaipur, Indore, low pressure area center Jagdalpur, Kalingapatnam and east-central Bay of Bengal towards east-southeast.*The cyclonic circulation is over Northeast Arabian Sea.*An East West Trough is extending from North Konkan and Goa to a cyclonic circulation associated with the Low Pressure Area over Marathwada and adjoining Vidarbha.Weather movement across the country during the last 24 hoursDuring the last 24 hours, Telangana and Marathwada experienced moderate to heavy rain with very heavy rainfall at a few places.Light to moderate rain at isolated places occurred over Coastal Pradesh, Andaman & Nicobar Islands, Kerala, Coastal Karnataka, North Interior Karnataka, Madhya Maharashtra, Gujarat, Coconut Goa and West Rajasthan.Light to moderate rain occurred over West Bengal, parts of Bihar, Jharkhand, Odisha, Coastal Andhra Pradesh, Lakshadweep, Tamil Nadu, Sikkim and East Rajasthan.Light rain occurred over remaining parts of Rajasthan, parts of Uttar Pradesh, South and West Madhya Pradesh, Chhattisgarh and isolated parts of Northeast India.*Probable weather activity during next 24 hours*During the next 24 hours, light to moderate rain at isolated places will occur over Maharashtra, South Gujarat, parts of Coastal Karnataka, Kerala, Lakshadweep, Andaman and Nicobar Islands, isolated parts of Andhra Pradesh, Coastal Odisha and Gangetic West Bengal. But it might rain heavily.Light to moderate rain may occur over Jharkhand, Uttar Pradesh, Chhattisgarh, Madhya Pradesh, Rajasthan, Telangana, Northeast India, Sikkim for children of Bihar, Uttarakhand and Himachal Pradesh.
*Cyclone impact: Crops over 1.56 lakh acres damaged in Andhra**Cyclone ‘Gulab’ left a trail of destruction in coastal Andhra Pradesh, damaging crops over 1.56 lakh acres and causing extensive loss to infrastructure.**The cyclone, which crossed the Andhra-Odisha coast on Sunday night, triggered heavy rains and strong winds, uprooting electricity poles. Six persons lost their lives in separate incidents.**As per the preliminary estimates by the state government, almost 1.56 lakh acres of crop loss occurred due to the cyclone, especially in Godavari and Krishna districts.*Agriculture Minister K. Kannababu said paddy crop over 1,16,823 acres was damaged, and maize crop over 21,078 acres. *In Krishna district, cotton crop over 10,588 acres was damaged.**The cyclone also resulted in damage to horticulture crope over 7,207 acres. He said Chief Minister Y.S. Jagan Mohan Reddy has already directed the department to help the farmers who suffered crop losses.* *SiS Commited to update you on all textile related news real time.**Regards**Team Sis**Any query plz call 9111977771**https://wa.me/919111977775*
*PAKISTAN COTTON MARKET UPDATE**Official spot rate recovers more grounds**The Spot Rate Committee of the Karachi Cotton Association (KCA) on Tuesday increased the spot rate by RS 300 per maund and closed it at Rs 13600 per maund.**The Spot Rate Committee of the Karachi Cotton Association on Tuesday increased the spot rate by RS 300 per maund and closed it at Rs 13600 per maund. The Polyester Fiber was available at Rs 225 per kg.**The local cotton market on Tuesday remained bullish and trading volume remained a little bit low due to rains in cotton growing areas of Sindh and Punjab.**Cotton Analyst Naseem Usman told Business Recorder that positive aspects of news of ending of trade war between China and America beginning to be seen in cotton markets of the world including Pakistan.**The rate of cotton in Sindh is in between Rs 12500 to Rs 13800 per maund and the rate of cotton in Punjab is in between Rs 13800 to Rs 14100 per maund.**The rate of the new crop of Phutti in Sindh was in between Rs 5500 to Rs 6100 per 40 kg. The rate of Phutti in Punjab is in between Rs 5500 to Rs 6100 per 40 kg. The rate of Banola in Sindh is in between Rs 1450 to Rs 1700 per maund. The rate of Banola in Punjab is in between Rs 1650 to Rs 1850 per maund. The rate of cotton in Balochistan is in between Rs 13500-13800 per maund. The rate of Phutti in Balochistan is Rs 6200-7200 per maund.*
US 2020-21 cotton exports highest in 15 yearsSpurred by record global imports, US cotton exports in 2020-21 were the highest in 15 years at 16.4 million bales. China eclipsed Vietnam as the largest destination for US cotton for the first time in 6 years at more than 5 million bales, accounting for roughly one-third of US shipments, according to the US department of agriculture (USDA).However, US exports to eight of its ten largest markets were down from the previous year, the foreign agriculture service (FAS) of the USDA said in its September 2021 report on ‘Cotton: World Markets and Trade’.*“Record US shipments through December boosted total exports as early season shipments were buoyed by the highest beginning stocks in 12 years. Shipments were strong, especially to China, despite US 2020-21 production falling 5.3 million bales from the previous year,” the report said.US exports to China were the largest in 8 years with demand for US cotton mostly led by China’s State Reserve. US cotton was estimated to account for almost 90 per cent of State Reserve imports and nearly one-half of China’s total imports in 2020-21. Instead of sourcing from Brazil, the primary supplier in the previous two marketing years, the State Reserve returned to the United States, in part facilitated by the Phase One Agreement.Relative prices (i.e., China cotton prices compared with US cotton prices) also played a role. China’s spot price (CC3128B) was significantly higher than imported prices (US origin) in 2020-21 compared with the previous year. Although higher domestic prices prevented the Reserve from purchasing domestic cotton, imports were an especially attractive option compared with the previous year. Imported US cotton averaged 10 cents higher than domestic China cotton in 2019-20, but in 2020-21 was approximately 8 cents cheaper (on average).Higher prices in China relative to international were likely due to: (1) higher agricultural prices in China (e.g., corn and wheat), (2) quality issues with China’s 2020-21 cotton crop, and (3) the yuan appreciating roughly 10 per cent against the U.S. dollar.While 2020-21 US cotton exports were the largest in 15 years, it was also a record year for global imports. Bangladesh, Vietnam, Pakistan, and Turkey, rounding out the top 5 largest global imports (China being the largest), were all estimated to have had record imports in 2020-21. Higher yarn prices and rising global demand for cotton products spurred imports and cotton consumption.Brazil and India helped supplant US exports in these respective markets; Brazil’s 2020-21 exports exceeded the previous year’s record by roughly 2 million bales, and India is projected to register its highest exports in 7 years.US 2021-22 exports are forecast down from the previous year at 15.5 million bales, despite a larger crop at 18.5 million bales, with both lower US carry-in and global imports more than offsetting, the FAS report said.China is once again forecast as the world’s largest importer at 10.0 million bales, but down more than 2.8 million from the previous year, it added.
Rupee closed at 74.05 level, weakening by 21 paiseWeakness in rupee against dollar was seen. The rupee had started with gains today but during the trading day, the fall in the rupee deepened and the rupee reached a low of 27 August against the dollar.Sensex fall, 410 points fell below 60,000 markToday the closing took place with a fall in the stock market. Today, where the Sensex closed at the level of 59667.60 points with a gain of about 410.28 points. On the other hand, Nifty closed at the level of 17748.60 points down by 106.50 points.
SIMA to work with State govt. to promote cotton cultivationThe Southern India Mills’ Association (SIMA) will work with the State government to increase the area under cotton cultivation in Tamil Nadu, said Ravi Sam, chairman of Southern India Mills’ Association. Mr. Ravi Sam and association vice-chairman Durai Palanisamy told presspersons here on Monday that Tamil Nadu was once a major cotton producing State. Though it was a leading textile producer now, the industry purchased cotton from other States.With the removal of 1 % market committee cess on cotton, the Cotton Corporation of India(CCI) has expressed willingness to establish warehouses in the State. The first one will come up in Coimbatore and the Central Warehousing Corporation will handle it, said T. Rajkumar, chairman of Confederation of Indian Textile Industry. The CCI had nine lakh bales of cotton with it and if the industry wanted to purchase cotton from it, the CCI would move the cotton to the warehouses here. This would help in cost saving for the industry. With the Union government approving the Production Linked Incentive Scheme for textiles, 10 to 15 industries in the State were expected to invest approximately ₹300 crore each under the scheme.Works to commission a textile processing park proposed by SIMA at Cuddalore would be expedited. The association had developed a common infrastructure at Cuddalore with an investment of ₹96 crore, and two units had expressed willingness to put up plants immediately. The Union government would support establishing one mega textile park in each southern State. The Tamil Nadu government had expressed willingness to have three parks - at Dharmapuri, Thoothukudi, and Virudhunagar.Mr. Ravi Sam said the other focus areas of the Association were working with the Union government and urging it to sign free trade agreements with select countries soon. Further, the import duty on cotton should be removed and the hank yarn obligation should be reduced to 20 %, he said.
Government notifies textile PLI: 30-60% value add, introduces ‘Smart TextilesThe government on Monday notified the Rs 10,683 crore Production Linked Incentive (PLI) scheme for textiles that covers 10 technical textile products, 14 manmade fibre (MMF) products and 40 MMF apparel. The textiles ministry said that only those companies would be selected for the incentive under the programme which contribute 60% value addition in integrated fibre/yarn to fabric, garment & technical textiles and 30% in case of independent fabrics processing house.The scheme outlines two categories with different incentives based on minimum investment of Rs 300 crore and Rs 100 crore and covers products such as jackets, jerseys, trousers, overcoats, polyester fabric and nylon furnishing fabrics.Technical textiles include safety airbags, shade nets, bullet proof jackets, surgical sutures, Personal Protective Equipment for medical use and carbon fibre.The government has also included Smart Textiles embedded with active devices for medical, defence and special use in the list of products eligible for the benefits.Smart Textiles is a new generation niche product that is a combination of varieties of wearable materials embedded with electronics.“The description does not fit into any particular HSN Code at present. A suitable HSN Code at 8-digit need to be created afresh for this product,” the textiles ministry said.As per the notification, incentives under the scheme will be available for five years period i.e. during FY26 to FY30 on incremental turnover achieved during FY25 to FY29 with a budgetary outlay of Rs 10,683 crore.However, if a company is able to achieve the investment and performance targets one year early then, they will become eligible one-year in advance starting from FY25 to FY29.As per the notification, any person, which includes firm/company willing to invest a minimum Rs 300 crore in Plant, Machinery, Equipment and Civil Works (excluding land and administrative building cost) to produce products of the notified lines, will be eligible to participate but they would have to form a separate company under Companies Act, 2013, before commencement of investment under this scheme.“Thus, for getting incentive, both the conditions of minimum investment and minimum turnover should be met,” the ministry said.The companies which invest Rs 300 crore, are expected to achieve a required turnover of Rs 600 crore after a gestation period of two years and a 15% incentive will be provided on attaining the same. Incentive in the subsequent years will be provided on achieving a minimum additional incremental turnover of 25% over the immediate preceding year’s turnover up to year. However, the incentive will be reduced by 1% every year from the second year onward till the final year and would become 11% in the year 5.Only such sales will be counted, which are transacted through normal banking channel, according to the notification.Similarly, those who apply for the Rs 100 crore category, would have to achieve a turnover of Rs 200 crore and the benefits will start from 11% and end at 7% in the last year.
Clothing Is About to Get More Expensive With Cotton Prices at 9-Year HighsHigh cotton prices are shaking up futures markets, igniting a short squeeze in the New York exchange and signaling higher costs for makers of T-shirts and other apparel.Heavy rains are threatening crops in major U.S. growing regions including Texas and the Mississippi Delta, according to Maxar Technologies Inc.’ senior meteorologist Donald Keeney. The U.S. is the world’s biggest cotton exporter. At the same time, overseas shipments are flowing with demand rising in China, the top user, and buyers like Turkey and Pakistan are looking for product as well.Futures are on a tear, nearly touching $1 a pound, a level not seen since 2011. The higher prices mean that the costs to make clothing are on the rise, which retailers may try to pass to consumers. In the U.S. at least, that will be difficult, with discretionary spending constrained by the pandemic and stagnant wages, said Peter Egli, the Chicago-based director for Plexus Cotton Ltd. Higher clothing prices may curb demand.The rising futures are also catching some traders with substantial short positions on ICE U.S. exchange, pushing up prices even more. “This is a classic short squeeze,” said Egli. “The trade is short.”Cotton for December delivery rose as much as 4% to 99.86 cents a pound in New York, before paring gains. The commodity is up for a fifth session and has surged 48% in the past year amid projections for two straight world deficits through 2021-22.More gains could be in store with more large outstanding short positions in the market, according to O.A. Cleveland, a Mississippi State University economics professor emeritus, and consultant. Short mills should have fixed prices when futures dropped earlier this month, he said. Their short positions “continue to keep a fire burning under prices.”In the shorter term, shipping constraints are also helping cotton’s rally. The U.S. had a small crop last year, and “it is not easy to get cotton to mills in short order,” said Jon Devine, economist for North Carolina-based researcher Cotton Inc.China has been buying more American supplies recent weeks and the “raw-fiber equivalence of cotton estimated to be contained in U.S. apparel imports has been occurring at the highest rate since the 2010-11 price spike” when futures reached record highs, he said.
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 73.80 against the dollar. At the same time, on Monday, the rupee closed at Rs 73.84 with a weakness of 15 paise against the dollar.Sensex opened at record high with a gain of 208 pointsToday the stock market opened with a record high. Today the BSE Sensex rose by about 208.01 points to open at a record level of 60285.89 points. On the other hand, the Nifty of NSE opened with a gain of 51.40 points at a record level of 17906.50 points.
*All India Weather Forecast for September 28, 2021**Weather systems made across the country*Cyclone Gulab has weakened into a deep depression over South Chhattisgarh and adjoining areas.The Deep Depression will move westwards and turn into a low pressure area over Maharashtra.The Monsoon Trough is passing through Jaisalmer, Kota, Sagar, center of deep depression and then moving eastwards across East Central Bay of Bengal.The Cyclonic Circulation lies over East-central and Northeast Bay of Bengal adjoining Myanmar Coast.Weather movement across the country during the last 24 hoursDuring the last 24 hours, heavy to very heavy rainfall occurred over Coastal Andhra Pradesh and Kerala.Light to moderate rain with isolated heavy falls occurred at isolated places over Lakshadweep, Telangana, Gujarat region and Madhya Pradesh.Light to moderate rain at isolated places over rest of Madhya Pradesh, southeast Rajasthan, Gangetic West Bengal, remaining parts of Odisha, Jharkhand, Chhattisgarh, Konkan & Goa, Karnataka, Andaman & Nicobar Islands and Uttarakhand, Jammu and Kashmir and Assam rained out.Light rain occurred over Uttarakhand, Uttar Pradesh, parts of Bihar, rest of Northeast India and South Interior Karnataka.*Probable weather activity during next 24 hours*During the next 24 hours, light to moderate rain with isolated heavy falls at isolated places over Telangana, South Chhattisgarh, Vidarbha, Marathwada, North Madhya Maharashtra, Konkan & Goa, Gujarat, Coastal Andhra Pradesh, North Interior Karnataka and Andaman & Nicobar Islands Might be possible.Light to moderate rain is possible over parts of Meghalaya, Sikkim, West Bengal, Kerala, Coastal Karnataka, Lakshadweep, East Rajasthan, Madhya Pradesh, Jharkhand, Uttarakhand, Uttar Pradesh and Bihar.*Light rain is possible over rest of Northeast India, Tamil Nadu and Jammu and Kashmir.*
PAKISTAN COTTON MARKET UPDATE**Upward trend persists on cotton market**The Spot Rate Committee of the Karachi Cotton Association on Monday increased the spot rate by RS 100 per maund and closed it at Rs 13300 per maund.**The Spot Rate Committee of the Karachi Cotton Association on Monday increased the spot rate by RS 100 per maund and closed it at Rs 13300 per maund. The rate of Polyester Fiber was increased by Rs 3 per Kg and was available at Rs 225 per kg.**The local cotton market on Monday remained bullish and trading volume remained a little bit low. Cotton Analyst Naseem Usman told Business Recorder that positive aspects of news of ending of trade war between China and America beginning to be seen in cotton markets of the world including Pakistan.**The rate of cotton in Sindh is in between Rs 12000 to Rs 13500 per maund and the rate of cotton in Punjab is in between Rs 13300 to Rs 13700 per maund.**The rate of the new crop of Phutti in Sindh was in between Rs 5400 to Rs 6000 per 40 Kg. The rate of Phutti in Punjab is in between Rs 5400 to Rs 6100 per 40 kg. The rate of Banola in Sindh is in between Rs 1700 to Rs 1800 per maund. The rate of Banola in Punjab is in between Rs 1700 to Rs 1850 per maund. The rate of cotton in Balochistan is in between Rs 13400-13700 per maund. The rate of Phutti in Balochistan is Rs 6200- 6700 per maund.*
*ICE COTTON SUMMARY**Cotton futures hit contract-high**ICE cotton futures gained for a fifth straight session on Monday, climbing as much as 4% to a contract-high as funds stepped up purchases and demand from China, the biggest natural fiber consumer, remained steady.**Earlier, the December contract jumped 4% to hit a contract-high of 99.86 cents per lb.**"You've probably got a good bit of fund buying, the volume is pretty heavy today," said Jim Nunn, owner of Tennessee-based cotton brokerage Nunn Cotton, adding buying from China was also a factor.**"These merchants have a lot of positions open with mills, so they are buying against those using December futures... the market is telling us that you need cotton right now."**On Thursday, the US Department of Agriculture's weekly export sales report showed net sales of 345,400 running bales for 2021/2022, were up 21% from the previous week, with increased buying primarily from China.**Nunn added cotton farmers were very happy with prices at these levels and that some grain farmers would "wish that they'd planted a little bit more cotton."**The December contract climbed for a fifth session in a row, its longest gaining streak since early August. Prices have risen around 5.7% so far this month, having gained in the previous three months as well.**Total futures market volume fell by 2,538 to 59,983 lots. Data showed total open interest rose 8,283 to 271,571 contracts in the previous session.*
Today evening, the rupee depreciated by 15 paise to close at Rs 73.85 against the dollar.Sensex closed flat, closed only 29 points higherToday the stock market closed sharply. Today, where the Sensex closed at the level of 60077.88 points with a gain of about 29.41 points. On the other hand, Nifty closed at the level of 17855.10 points with a gain of 1.90 points.
Pak-China cooperation to revive cotton fields in PakistanPak-China cooperation to revive cotton fields in Pakistan, Gwadar Pro reported on Sunday.Last season, Pakistan harvested 5.6 million bales of cotton, which is the lowest point in the past 30 years.Meanwhile, Pak-China cotton-related cooperation is in full swing. “We are mixing the advantages of China cotton and Pakistan cotton to create new cotton varieties,” said Shahid Iqbal, PhD scholar of Cotton Research Institute in Henan, China, who has been working for a Pak-China cottonseed program in Henan for 4 years.This is one of the microcosms of the ongoing China-Pakistan cotton collaboration.“Last year, we had to import more than 50% of cotton,” said Muhammad Abdullah, executive director of Sapphire Fiber, one of the largest textile companies in Pakistan.He complained that low production and quality force the local industry to choose imports. “Presently, the domestic consumption of cotton is 14 million bales. However, Pakistan harvested 5.6 million bales of cotton in the last season only.” He added.Cotton production in Pakistan is in a vicious circle. According to the research of Central Cotton Research Institute (CCRI), low production of cotton lead to the low profitability of cotton planting. Cotton farmers turn to grow sugarcane in cotton-growing areas for better income. Sugarcane plants robbed water from cotton plants and humidified the whole area.The high humidity leads to more insects which are deadly to the cotton plants and farmers have no technology to deal with them.What makes it worse is the climate change in the past few years, which is also weakening cotton’s strength and staple elongation. Another quality problem is the impurity which is caused by 100% manual picking.As pickers picked the cotton, stored and transported it, contamination is entering in the cotton, which may causes spots on the final product. Kamran Razaq, cotton field supervisor of Sapphire Fiber pointed out that the impurity content of imported cotton is 4.5%, while the counterpart in Pakistan cotton is 8-9%, which is below the criteria of the textile mills.To break the vicious circle of low cotton production, higher quality seed is the top demand, which can also help in quality improvement.
Channi announces every cotton cultivator will be duly compensated for loss due to pink bollworm attackPunjab Chief Minister Charanjit Singh Channi on Sunday announced that every cotton cultivator who has suffered loss due to attack of Pink Bollworm attack will be duly compensated by the government.The Chief Minister, accompanied by Deputy Chief Minister Sukhjinder Singh Randhawa, undertook whirlwind tour of the cotton belt in the Malwa region of the state today to assess the loss.At village Nasibpura and Kataar Singh Wala, Mr Channi asked the officers of Agriculture and farmers welfare department to set up various labs across the state to test and certify seed quality so as to prevent recurrence of such pest attacks.The Chief Minister asked the officers to pump in all the resources in terms of best available insecticides and pesticides to save the precious crop of the farmers from these attacks.He unequivocally said that the state government is solidly behind the farmers in this hour of crisis. He said that every single penny of the loss incurred by the farmers will be credited directly into their accounts by the Punjab government. He asked the officer to complete the survey of the loss at the earliest so that farmers can be duly compensated.Mr Channi said that the first target is to check the further spread of this attack by taking the necessary preventive measures. He asked the officers to pull all the plugs and ensure the loss to farmers is minimised.The Chief Minister assured the farmers that the state government is fully committed for safeguarding their interests in this hour of crisis.
Rupee depreciates against dollar, loses 3 paiseRupee opened with weakness today against the dollar in the foreign exchange market. Today the rupee opened with a weakness of 3 paise at Rs 73.72 against the dollar. At the same time, on Friday, the rupee closed at Rs 73.69 with a weakness of 5 paise against the dollar.Sensex's new record opened up by 255 pointsToday the stock market opened again with a record high. Today the BSE Sensex rose by about 255.32 points to open at a record level of 60303.79. On the other hand, the Nifty of NSE opened at a record level of 17932.20 points with a gain of 79.00 points.
*India Weather Forecast for September 27, 2021** Weather systems made across the country *A cyclonic storm Gulab, over Northwest and adjoining West Central Bay of Bengal, has progressed with a speed of 10 kmph during the last 6 hours. At 5:30 on 26 September, it was approximately 18.3 degrees latitude and 87.3 longitudes, 270 km east southeast of Gopalpur and 330 km east of Kalingapatnam. It will move westwards and cross north Andhra Pradesh and south Odisha coast between Kalingapatnam and Gopalpur around midnight. At the time of landfall, the wind speed can range from 75 to 85 kmph to 90-100 kmph.*The cyclonic circulation is over Northeast Arabian Sea.*The Monsoon trough is passing through Jaisalmer, Kota, Raipur, Puri and then east-southeastwards towards the center of Cyclone Gulab.*A cyclonic circulation is persisting over northern parts of Madhya Pradesh.*Another cyclonic circulation is very likely over northeast and adjoining east-central Bay of Bengal around September 27, which may influence the formation of a low pressure area.*Weather movement across the country during the last 24 hours*During the last 24 hours, isolated heavy to very heavy falls at isolated places over Madhya Pradesh, parts of North Gujarat, Telangana, isolated parts of North Gujarat, North Interior Karnataka, Coastal Andhra Pradesh, Tamil Nadu .Light to moderate rain occurred over parts of Uttar Pradesh, East Rajasthan, Gujarat region, parts of Chhattisgarh, isolated parts of Haryana, Coastal Odisha, Andaman and Nicobar Islands and Lakshadweep.Light rain occurred over parts of Uttarakhand, parts of West Bengal, Sikkim, isolated parts of Northeast India, Interior Odisha and Kerala.*Probable weather activity during next 24 hours*During the next 24 hours, light to moderate rain with some heavy to very heavy rain is likely over Coastal Odisha and Coastal Andhra Pradesh.Light to moderate rain with isolated heavy falls at isolated places over Interior Odisha, parts of Chhattisgarh, Vidarbha, Marathwada, Telangana, parts of Madhya Pradesh, southeast Rajasthan and Gujarat, Kerala and Andaman & Nicobar Islands it might rain.Light to moderate rain may occur over West Bengal, parts of Jharkhand, Bihar, Uttar Pradesh, Karnataka, Lakshadweep, Konkan & Goa, Madhya Maharashtra and Northeast India.
One-third of cotton area in Punjab under pink bollworm pest attackCotton pest pink bollworm spreading its tentacles rapidly as it is above economic threshold level in many Punjab districts, especially Mansa and Bathinda, says agriculture departmentNearly one-third (33%) of a total of 3.25 lakh hectares of area under cotton cultivation in Punjab is presently under attack of the pink bollworm pest, officials of the state agriculture department said.Adding to the worries of cotton growers and the agriculture department, the pest is spreading its tentacles rapidly as it is above economic threshold level in many districts, especially Mansa and Bathinda. It means there are more than six adult pink bollworm insect present in a leaf.Economic threshold is a level at which monetary returns remain higher than the cost of controlling the pest. The state government has ordered special girdwari (assessment) to ascertain the damage to the cotton crop after the pest attack.Agriculture experts fear that the pest attack has entered a phase wherein it would not only reduce the crop yield but will also result in huge financial losses to farmers.Several farmers in Bathinda and Mansa have ploughed their standing crop as it got completely damaged due to the pest attack.State agriculture commissioner BS Sidhu said the department will provide all logistical and technical support to the farmers to control further infestation of pink bollworm. “We are monitoring the situation closely,” he said.Agriculture director Sukhdev Singh Sidhu said the exact damage could be ascertained only after special girdwari ordered by the state government. “The pest attack is scattered. For instance, it has largely affected health of the crop in a village, but there is minimal impact in adjacent areas,” Sidhu said.Officials are carrying out field surveys on a regular basis to gather first-hand information on the pest attack impact so that corrective measures could be taken, he added.Sangrur chief agriculture officer Jaswinderpal Singh Grewal said 2,600 hectare area in Sunam and Lehragaga sub-divisions is under cotton cultivation. “The pest has not crossed economic threshold here as yet. But it is spreading from one field to other at a rapid speed which is a cause of worry,” he said.First major attack since 2015An official said it is the first major pest attack on cotton crop in the state since 2015 when a severe whitefly attack was reported.The crop had witnessed extensive damage as nearly 75% of total area faced pest attack. The cotton yield had reduced to 197kg per hectare than 544kg per hectare in 2014.The cotton production witnessed a steep fall from 13.47 lakh bales to 3.86 lakh bales.
PAKISTAN COTTON MARKET UPDATESpot rate improves slightly in process of tradingThe Spot Rate Committee of the Karachi Cotton Association (KCA) on Friday increased the spot rate by RS 100 per maund and closed it at Rs 12800 per maund. The Spot Rate Committee of the Karachi Cotton Association on Friday increased the spot rate by RS 100 per maund and closed it at Rs 12800 per maund. The Polyester Fiber was available at Rs 222 per kg.The local cotton market on Friday remained stable and trading volume remained a little bit low. Cotton Analyst Naseem Usman told Business Recorder that due to rains in the cotton areas of Sindh and Punjab may effect the quality of Phutti. The rate of cotton in Sindh is in between Rs 11700 to Rs 13200 per maund and the rate of cotton in Punjab is in between Rs 13200 to Rs 13500 per maund.The rate of the new crop of Phutti in Sindh was in between Rs 5300 to Rs 5800 per 40 Kg. The rate of Phutti in Punjab is in between Rs 5500 to Rs 5800 per 40 kg. The rate of Banola in Sindh is in between Rs 1500 to Rs 1700 per maund. The rate of Banola in Punjab is in between Rs 1600 to Rs 1800 per maund. The rate of cotton in Balochistan is in between Rs 12300- 12400 per maund. The rate of Phutti in Balochistan is Rs 6000- 6500 per maund.Khurram Shahzad MNA argued that cotton yarn worth $ 1 billion could manufacture cloth of $14billion which could be exported instead of exporting only cotton yarn.
All India Weather Forecast for September 25, 2021Weather systems made across the countryThe Monsoon Cyclonic Circulation is persisting over Western parts of Madhya Pradesh, another Cyclonic Circulation is persisting over Gujarat. A Low Pressure Line is extending from Rayalaseema to Comorin area, which is passing through Interior Tamil Nadu.Weather movement across the country during the last 24 hoursDuring the last 24 hours, parts of Himachal Pradesh, Punjab, parts of Haryana, parts of Rajasthan, many parts of Gujarat, parts of Andaman and Nicobar Islands, Chhattisgarh, Marathwada, Sikkim and 1-2 parts of South-West Madhya Pradesh and Light to moderate rain with isolated heavy falls occurred over parts of East Uttar Pradesh. Light to moderate rain occurred over remaining parts of Madhya Pradesh, Konkan & Goa, remaining parts of Chhattisgarh, parts of Jharkhand, Gangetic West Bengal, parts of Nagaland, Mizoram, Coastal Andhra Pradesh, parts of Telangana, Tamil Nadu and Coastal Karnataka .Light rain occurred over western parts of Uttar Pradesh, Odisha, Kerala, Lakshadweep, isolated parts of Bihar and rest of Northeast India.Possible weather activity during next 24 hoursDuring the next 24 hours, light to moderate rain with isolated heavy rain is likely over Uttar Pradesh, Madhya Pradesh, Southeast Rajasthan, parts of Vidarbha, Marathwada, Andaman and Nicobar Islands and Gujarat.Light to moderate rain in some parts of Manipur, Mizoram, Tripura, Nagaland, South Assam, parts of Odisha, Chhattisgarh, Telangana, parts of Rayalaseema, Tamil Nadu, Kerala, Uttarakhand, Himachal Pradesh and Sikkim and Sub-Himalayan West Bengal Light rain is possible in one or two parts of Jammu and Kashmir, Ladakh, Madhya Maharashtra, Karnataka, West Rajasthan, Haryana and Punjab.
| title | Created At | Action |
|---|---|---|
| All India Weather Forecast for September 29, 2021 | 29-09-2021 14:44:06 | view |
| Cyclone Effect: Over 1.56 lakh acres of crops damaged in Andhra | 29-09-2021 14:43:10 | view |
| pakistan cotton market update | 29-09-2021 14:42:10 | view |
| US 2020-21 cotton exports highest in 15 years | 29-09-2021 00:58:47 | view |
| Rupee closed at 74.05 level, weakening by 21 paise | 29-09-2021 00:34:41 | view |
| SIMA to work with State govt. to promote cotton cultivation | 28-09-2021 21:15:24 | view |
| Government notifies textile PLI: 30-60% value add, introduces ‘Smart Textiles | 28-09-2021 21:14:16 | view |
| Clothing Is About to Get More Expensive With Cotton Prices at 9-Year Highs | 28-09-2021 18:14:17 | view |
| Rupee opens 4 paise stronger against dollar | 28-09-2021 17:55:58 | view |
| All India Weather Forecast for September 28, 2021 | 28-09-2021 14:38:19 | view |
| pakistan cotton market update | 28-09-2021 14:37:42 | view |
| ICE Cotton Summary | 28-09-2021 14:37:09 | view |
| Today evening, the rupee depreciated by 15 paise to close at Rs 73.85 against the dollar. | 27-09-2021 23:22:12 | view |
| Pak-China cooperation to revive cotton fields in Pakistan | 27-09-2021 18:16:27 | view |
| Channi announces every cotton cultivator will be duly compensated for loss due to pink bollworm attack | 27-09-2021 17:31:59 | view |
| Rupee depreciates against dollar, loses 3 paise | 27-09-2021 17:28:29 | view |
| *India Weather Forecast for September 27, 2021* | 27-09-2021 15:51:59 | view |
| One-third of cotton area in Punjab under pink bollworm pest attack | 25-09-2021 18:56:39 | view |
| PAKISTAN COTTON MARKET UPDATE | 25-09-2021 18:02:27 | view |
| All India Weather Forecast for September 25, 2021 | 25-09-2021 18:01:38 | view |
