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Sluggish business activity on cotton marketThe local cotton market on Friday remained stable and trading volume remained low. Market sources told that trading activity started in the local cotton market but trading activity will fully resume from Monday.Cotton Analyst Naseem Usman told Business Recorder the rate of cotton in Sindh is in between Rs 12500 Rs 12800 per maund. The rate of cotton in Punjab is in between Rs 13200 to Rs 13500 per maund.The rate of new crop of Phutti in Sindh was in between Rs 4700 to Rs 5400 per 40 kg. The rate of Phutti in Punjab is in between Rs 5200 to Rs 5700 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 1700 to Rs 1900 per maund. The rate of cotton in Balochistan is Rs 12900-13000 per maund. The rate of Phutti in Balochistan is in between Rs 5200 to RS 5700 per maund.Cotton Cooperation of India has increased the prices by Rs 500 per candy. The Spot Rate remained unchanged at Rs 12700 per maund. The Polyester Fiber was available at Rs 213 per kg.

All India Weather Forecast for July 24, 2021Countrywise weather systemsAn offshore trough is extending from South Gujarat Coast to Kerala Coast.Another Cyclonic Circulation is persisting over Western parts of Uttar Pradesh.Weather movement across the country during the last 24 hoursDuring the last 24 hours, Coastal Odisha, Coastal Karnataka and South Madhya Maharashtra experienced moderate to heavy rain with very heavy rainfall at 1-2 places.Light to moderate rain with isolated heavy falls occurred over the hills of Chhattisgarh, Coastal Andhra Pradesh, Telangana, Vidarbha, Madhya Pradesh, isolated parts of southeast Rajasthan, Uttarakhand and Tamil Nadu.Light to moderate rain occurred over Himachal Pradesh, East Rajasthan, West and Central Uttar Pradesh, West Bengal, Northeast India, Kerala, Andaman and Nicobar Islands and Sikkim.Light rain occurred in West Rajasthan, Jammu and Kashmir, Ladakh, Bihar, Jharkhand, Rayalaseema, Lakshadweep and Tamil Nadu.Possible weather activity during next 24 hoursDuring the next 24 hours, light to moderate rain at isolated places over Coastal Karnataka, Konkan & Goa, Gujarat region, Madhya Pradesh, parts of Chhattisgarh, isolated parts of Kerala, some parts of Uttarakhand and South-East Rajasthan. With this there is a possibility of heavy rain at some places.Light to moderate rain with isolated heavy rain is likely over Kutch, Western parts of Rajasthan, Vidarbha, Marathwada, Odisha, West Bengal, parts of Jharkhand, Sikkim and Northeast India.Light to moderate rain is very likely over Himachal Pradesh, Uttar Pradesh, Telangana, Interior Karnataka, Coastal Andhra Pradesh and Andaman and Nicobar Islands. SiS Commited to update you on all textile related news real time.

The market has started on a strong note in the pre-opening.* Sensex is seen at the level of 53119.07 with a gain of 281.86 points or 0.53 percent.* On the other hand, Nifty is seen at the level of 15855.30 with a strength of 31.30 points or 0.20 percent.US signal positive, SGX NIFTY flatGlobal signals are looking positive on the last day of the week. The US markets closed on the rise for the third consecutive day yesterday. DOW FUTURES has gained 60 points but SGX is trading flat in NIFTY. NIKKEI is still closed in Japan due to The Eve Of Sports Day.Due to rain, the Meteorological Department has issued a red alert for Maharashtra and Telangana. The city of Chiplun is submerged in water due to heavy rains. PM Modi talked to CM Uddhav and assured all possible help. 

Weakness in rupee, lost 10 paise to open at 74.56Weakness is being seen in the rupee. Rupee weakened by 10 paise to open at 74.56 level against dollar today.On the other hand, the rupee had strengthened by 16 paise today and closed at 74.46 against the dollar in Thursday's trade. 

IMD predicts heavy rainfall in several areas of TelanganaThe India Meteorological Department (IMD) on Friday has predicted heavy rainfall in twelve districts of Telangana. "Red alert in three districts including Kumuram Bheem, Jagtial, Warangal, and Orange alert in nine districts of the state," the IMD said.

Today evening, the rupee strengthened by 16 paise to close at Rs 74.46 against the dollar.Sensex closed up by 639 pointsToday the stock market closed with a lot of momentum. Today, where the Sensex closed at the level of 52837.21 points with a gain of about 638.70 points. At the same time, the Nifty closed at the level of 15824.00 points with a gain of 191.90 points. 

U.S. EXPORT SALES FOR WEEK ENDING 15/07/2021 Cotton:  Net sales of 40,000 RB for 2020/2021 were up 16 percent from the previous week, but down 22 percent from the prior 4-week average.  Increases primarily for Turkey (15,700 RB, including 500 RB switched from Vietnam and decreases of 600 RB), China (13,200 RB, including 4,100 RB switched from Hong Kong), Pakistan (4,600 RB, including 600 RB switched from Vietnam and 5,100 RB - late), Indonesia (3,700 RB, including 1,100 RB switched from Thailand, 1,000 RB from Vietnam, 900 RB from Pakistan, 700 RB from Japan, and decreases of 1,300 RB), and Vietnam (2,600 RB), were offset by reductions primarily for Hong Kong (4,100 RB) and Mexico (1,000 RB).  For 2021/2022, net sales of 251,900 RB primarily for Turkey (100,500 RB), Pakistan (73,500 RB), Vietnam (36,300 RB), Mexico (24,500 RB), and China (13,900 RB), were offset by reductions primarily for the Philippines (2,600 RB) and Japan (2,100 RB).  Exports of 246,100 RB were up 32 percent from the previous week and 2 percent from the prior 4-week average.  Exports were primarily to Vietnam (55,700 RB), Turkey (42,300 RB), Mexico (29,700 RB), Pakistan (24,300 RB, including 5,100 RB - late), and China (22,200 RB).  Net sales of Pima totaling 3,400 RB were down 42 percent from the previous week and 39 percent from the prior 4-week average.  Increases were reported for China (1,300 RB), Italy (1,100 RB), and India (1,000 RB, including decreases of 100 RB).  For 2021/2022, net sales of 900 RB were reported for Taiwan (400 RB), Bangladesh (400 RB), and Japan (100 RB).  Exports of 10,400 RB were up noticeably from the previous week, but down 13 percent from the prior 4-week average.  The destinations were primarily to India (4,500 RB), China (2,700 RB), Egypt (900 RB), Thailand (900 RB), and Honduras (900 RB).  Exports for Own Account:  For 2020/2021, the current exports for own account outstanding balance of 5,700 RB is for China (4,700 RB) and Vietnam (1,000 RB).Late Reporting: For 2020/2021, net sales and exports totaling 5,100 RB of upland cotton were reported late for Pakistan.       

Rupee gains, gains 19 paise and opens at 74.43 levelLike the equity market, the rupee has made a strong start today. Rupee today opened with a gain of 19 paise against the dollar. The rupee has opened at 74.43 against the dollar.However, on Tuesday, July 20, the rupee strengthened by 25 paise to close at 74.62 against the dollar. 

The market has got off to a strong start in the pre-opening.* Sensex is trading at the level of 52344.75 with a gain of 146.25 points or 0.28 percent.* Nifty is seen at the level of 15705.10 with a strength of 73 points or 0.47 percent.US markets showed strength, SGX NIFTY rose 150 points* US markets have shown strength. DOW has jumped over 800 points in 2 days.* SGX NIFTY is also witnessing a strong uptrend of 100 points.* Asia has a positive start.However, due to MARINE DAY, the Japanese market NIKKEI is closed today.*Crude rises, Brent crosses $72*Asharp recovery in crude prices will again increase the beat of the Indian market. Brent jumped 4 percent and crossed $72. Despite the increase in reserves in America, there is a jump in the prices 

All India Weather Forecast for July 22, 2021Seasonal system made across the countryAnother Cyclonic Circulation is persisting over Central parts of Uttar Pradesh.A cyclonic circulation can be seen over Southwest Rajasthan and adjoining parts of Pakistan.An Offshore Trough is extending from Coast of Maharashtra to Coast of Karnataka.Weather movement across the country during the last 24 hoursLight to moderate rain over Konkan & Goa, parts of Madhya Pradesh, Uttar Pradesh, Delhi NCR, North and East parts of Punjab, West Bengal, Sikkim, Assam, parts of Andhra Pradesh and parts of Telangana during last 24 hours With this, there has been heavy rain at some places.Western Himalayas, Andaman and Nicobar Islands, Coastal Karnataka, parts of Kerala, Coastal Andhra Pradesh, Interior Karnataka, Vidarbha, Marathwada, Madhya Maharashtra, Gujarat region, Bihar, West Bengal, Jharkhand, Interior Odisha, parts of Chhattisgarh and Haryana There was light to moderate rain.Light rain occurred over Lakshadweep, Tamil Nadu, Rayalaseema, rest of Northeast India, Saurashtra and Kutch, Rajasthan and West Madhya Pradesh.Possible weather activity during next 24 hoursDuring the next 24 hours, light to moderate rain at parts of Uttar Pradesh, Konkan & Goa, Coastal Karnataka, parts of Madhya Pradesh, Vidarbha, Marathwada, parts of Telangana, parts of Chhattisgarh, Sub-Himalayan West Bengal, Sikkim and Odisha Isolated to moderate rain with heavy rain is likely at a few places. .Light to moderate rain with isolated heavy rain is likely over Bihar, Jharkhand, Gangetic West Bengal, Interior Odisha, parts of Punjab, Western Himalayas, South Gujarat and North Interior Karnataka.Moderate rain with isolated rain is likely over Gujarat region, North and East Rajasthan, parts of Haryana, Delhi, South Interior Karnataka, Rayalaseema and Coastal Andhra Pradesh.Light rain is possible over Saurashtra and western parts of Kutch in Rajasthan, Tamil Nadu and Lakshadweep.

Monitor cotton crop for whitefly, pink bollworm attack: PAUEntomology expert at the PAU Dr Vijay Kumar said the crop has reached the stage where the attack is apprehended. “According to a survey conducted by the university, so far whitefly population in cotton has not reached economic threshold level (ETL), so the farmers need not fear,” he added.This kharif season cotton is grown over 3.11 lakh hectares in the state, particularly the districts of south-west Punjab. “Some insects of pink bollworm and whitelfly were noticed in the fields of Bathinda and Mansa districts but there is no fear so far, but the farmers should be alert,” suggested director agriculture SS Sidhu.Last year, cotton was grown over 2.51 lakh hectares in the state. It needs mention that 99% of cotton is BT variety and is resistant to American bollworm and tobacco bollworm but not to whitefly and pink bollworm.