Cotton market sluggish in Jalgaon, production less than target
By yash chouhan 2026-02-18 17:12:14
Slowdown in Jalgaon cotton market, only half of target production achieved
Jalgaon: This year, due to heavy rains in Kharipat, less cotton production, less price received from traders etc., cotton was sold in less quantity in the market. Stopping of sale of cotton in the market for the last eight days indirectly shows that the cotton season is over. The price of cotton with private traders is Rs 7,200 per quintal. CCI has also stopped purchasing cotton from the centres. Due to lack of cotton in the market, the production of bales by ginners has also stopped.
Till now CCI has purchased three lakh bales of cotton. Traders purchased enough cotton to produce three to three and a half million bales. Till now a total of 6 lakh 50 thousand bales have been produced. Lumps will form within a few days. That would be one lakh. This season, ginning drivers have set a target of 15 lakh bales. Only six and a half lakh bales could be produced.
It is estimated that one lakh bales of cotton will be produced from the cotton available with the ginners. If we look at the overall situation, out of 15 lakh, only seven and a half lakh bales will be produced. Farmers are not bringing cotton due to the fall of 500 to 600 rupees in cotton prices by traders since last month, the arrival of cotton at CCI centers has also reduced. Due to poor quality of incoming cotton, procurement has stopped and ginners are in trouble.
4 million bales of cotton were imported into India as the central government adopted a cotton import policy to avoid a potential cotton crisis on the country's textile mills and industries. Import was only 10 lakh bales per year. However, on the other hand, ginning operators will also produce bales in the country. Ginning drivers expected Khandesh to produce 2 million bales. However, the cotton import policy this year has had no impact on Indian cotton. Farmers did not sell as much cotton as they wanted, in hopes that the price would rise.
According to the price guaranteed by the Central Government by CCI, Rs 8 thousand 100. Cotton was purchased. However, cotton which had higher moisture content was bought at a lower price, with traders offering rates of Rs 7,600 to Rs 7,700 depending on the quality of the cotton. This is also now 7,200 to 7,400 and farmers are selling less cotton.
There is no fair price for export
Before the cotton import policy, cotton fetched a price of Rs 55,000 to Rs 56,000 per khandi (two bales). Its rates came down to Rs 52 to 53 thousand per khandi. Therefore, since there will be no export of cotton, the price of Indian cotton will remain low.
Ginners suffered losses this year due to low arrival of cotton. The price of cotton with traders was Rs 7200 to 7500. However, they also lacked quality. Due to lack of price, purchases from traders stopped. In such a situation, the ginning industry is in trouble due to stoppage of bale production. Till now six and a half lakh bales have been made, one lakh more bales will be ready.