CCI Cotton Sale: CCI sold the most cotton in Maharashtra most purchases in Telangana
2025-06-24 15:12:39
Maharashtra Records Highest Cotton Sales; Telangana Buys the Most
Cotton Corporation of India had purchased 100 lakh bales of cotton at a guaranteed price this season. Out of which 35 lakh bales of cotton have been sold so far and 65 lakh bales of cotton are remaining. Cotton Corporation of India (CCI) Chairman and Managing Director Lalit Kumar Gupta said that the cotton auction is going on smoothly.
This year, the price of cotton in the open market was less than the guaranteed price. Due to this, CCI's cotton purchase received a tremendous response from the farmers. The Cotton Association of India has estimated cotton production of 301 lakh bales in the country this year. Out of which CCI has purchased about 100 lakh bales of cotton from 12 states this season.
CCI alone has purchased about 33 percent of the cotton production in the country. If we look at the state-wise cotton purchase, the maximum of 40 lakh bales of cotton was purchased in Telangana. Cotton prices in Telangana remained comparatively low. After that, 29 lakh bales of cotton were purchased in Maharashtra. Whereas 14 lakh bales of cotton were purchased in Gujarat.
CCI currently has the highest stock of cotton in the country. Therefore, CCI's cotton sale is directly affecting the market. CCI's cotton sale is also going smoothly. CCI Chairman and Managing Director Lalit Kumar Gupta said that CCI has sold 35 lakh bales of cotton so far. So far, the maximum cotton has been sold in Maharashtra in cotton sale.
State-wise cotton sale
CCI has so far sold about 16 lakh bales of cotton in Maharashtra. While Telangana sold about 8 lakh bales of cotton. Gujarat also sold 5 lakh bales of cotton. 2 lakh bales of cotton were sold in Madhya Pradesh and 1.5 lakh bales in Karnataka. About 2.5 lakh bales of cotton were also sold in other states.
Cotton sale prices reduced The prices of cotton in the country may be less than the guaranteed price, but they are higher than the international market prices. Therefore, the industries had demanded that CCI reduce the sale prices of cotton. Due to the increase in the price of crude oil, there is some volatility in the international market. There has been some improvement in the prices in the country as well. Industries said that CCI has reduced the selling prices of cotton by about Rs 500 per bale. In the recent auction, the bale prices were between Rs 53,500 and Rs 54,500. While the prices of Kasturi bales were between Rs 55,300.
