Farmers worried about fluctuations in cotton prices
By yash chouhan 2026-01-15 11:04:42
Guaranteed Rates Fall; Farmers Upset by Lower Grading: Cotton Prices Surge in Open Market, Reaching Eight Thousand; a Rs. 600 Increase Recorded
While the price of cotton has decreased at the guaranteed purchase centers, it has surged in the open market of the district. The implementation of a second grade by the Cotton Corporation of India (CCI) has lowered the guaranteed price, but the open market has seen an increase of Rs. 500 per quintal.
The Cotton Corporation of India (CCI) has introduced a second grade for cotton at its guaranteed purchase centers. This has reduced the guaranteed price by Rs. 100 per quintal. As a result, the price of cotton at the procurement center has fallen from Rs. 8110 to Rs. 8010 per quintal. On the other hand, the price of cotton in the open market of Yavatmal district has increased significantly. Cotton, which was previously priced between Rs. 7,200 and Rs. 7,500 per quintal, has now increased by Rs. 500 to Rs. 600, with prices reaching as high as Rs. 8,100 per quintal. This has created a sense of enthusiasm among farmers, and there is a rush to sell in the open market.
However, farmers are complaining that despite having good quality cotton, they are being given a lower grade at the guaranteed centers. Farmers are demanding that the previous grading system be reinstated. However, since no new notification has been issued by the central government in this regard, procurement at the guaranteed centers is currently being done according to the second grade.
Discussion on Import Duty: The central government had given an 11 percent exemption on import duty on cotton. There are discussions that these charges have now been reversed. However, an official notification in this regard has not yet been issued. Agricultural experts believe that even if the import duty is reversed, it will not have much impact on market prices.
