Buy cotton: White gold will be ruined; Cotton storage increased in anticipation of price rise*
By yash chouhan 2025-03-11 13:09:05
Cotton Storage Grows as Price Surge Looms
Cotton purchase: Cotton is also not getting guaranteed price, CCI has given 15th date for registration and due to public holiday on 14th and 15th, the last date will be 13th March.
Some farmers have stored cotton in anticipation of price rise. The central government has declared a minimum support price of Rs 7521 per quintal for cotton this year. In fact, its price in the open market ranges from Rs 7,000 to even less in villages. (Buying cotton)
CCI started procurement at 9 centers in the district to provide support price security to the farmers. For some reason, the center remained closed for longer than expected and procurement was slow. (Buying cotton)
Apart from this, there is also looting in the purchase of cotton in the village. CCI has been reducing the grade of cotton purchased for the last two months. So cotton is being bought at Rs 7,421, which is Rs 100 less than the guaranteed price. (Buying cotton)
Skin disorders
Farmers are storing cotton in the hope of price rise. However, these cotton pests are causing problems like rashes and itching on the skin of the family members. So it has no value in the market and if it is stored it is causing health problems. In such a situation, the farmer is caught in double trouble.
No storage space .
The center was started there after CCI signed an agreement with some ginning companies of the district. However, there is no storage space for cotton due to non-lifting of bales and sacks at some centers and cotton harvesting problems are also coming up. It is reported that it has been agreed that till the CCI actually makes the purchase, OTAI will be made available.
