As Indian cotton surges to seasonal high, CCI sells 1.14 lakh bales from 2025-26 crop
The Cotton Corporation of India (CCI) on Monday began the sale of cotton procured during the ongoing 2025-26 season, even as prices touched a seasonal high crossing the ₹56,000 levels per candy (356 kg).
The State-run entity sold around 1.14 lakh bales on the first day of the sale, said Lalit Kumar Gupta, Chairman-cum-Managing Director, CCI. “Since mills need quality cotton, sales have commenced,” Gupta said. Till last week, CCI procured some 83 lakh bales.
CCI’s sale price for the 2025-26 season is the range of ₹56,300-57,300 for the 29 mm cotton, almost similar to the last year’s levels. However, the trade feels CCI prices are slightly on the higher side compared to the market.
Unsustainable
“The rates are higher by Rs 1000-1500 per candy than what the market expected. We need to see the quality of the CCI cotton. If the quality offered is good, then CCI will be able to sell slowly. If the quality is poor, then mills will buy imported cotton at Rs 58000-59000 mill delivery including import duty,” said Atul Ganatra, Chairman, Crop Committee of Cotton Association of India, the apex trade body.
On Monday, mills bought 61,000 bales from the 2025-26 crop from CCI, while traders bought 51,600 bales.
Ramanuj Das Boob, a sourcing agent in Raichur also felt that the prices set by CCI are slightly on the higher side compared to market. “Mills, which have immediate requirement can buy in small quantities. I don’t think these prices will sustain at these levels,” he said adding that Rs 54,000-55,000 is the ideal range.
Crop estimate up
Prevailing cotton prices are at their peak levels in the ongoing season inching up from early January after the Government ended the duty exemption on imports on December 31. Also the firming trend in cottonseed prices has lent support to the raw cotton prices.
“Cotton prices, which were hovering in the range of Rs 52,000 levels per candy at the start of the season in early October have inched up gradually and have crossed the Rs 56,000 levels. Before January, the price was hovering around Rs 53000- 54,000 levels. This is the highest price of the season,” Das Boob said.
Recently, trade body Cotton Association of India (CAI) revised upwards the crop estimate for 2025-26 by around 2.5 per cent or 7.5 lakh bales of 170 kg each to 317 lakh bales on higher than estimated production in Maharashtra and Telangana. CAI has projected a year-end surplus 122.59 lakh bales for the 2025-26 season, up 56 per cent year-on-year on record imports of 50 lakh bales during the year. Imports till December 31 stood higher at 31 lakh bales. For the current cotton year 2025-26 ending September, CAI is expecting the imports to be at a record 50 lakh bales against 41 lakh bales a year ago.
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