Cotton prices reach ₹9,500 per quintal in Yavatmal, Maharashtra; private trader procurement on the rise
Yavatmal, Maharashtra: Farmers in the Yavatmal district of Maharashtra are feeling optimistic following reports that cotton prices in the private market have reached ₹9,500 per quintal. Traders from Rajasthan and Madhya Pradesh are also showing interest in purchasing cotton. Attracted by better prices in the private market, farmers are increasingly turning toward private traders.
Cotton procurement is currently underway in various parts of the district, including Ralegaon, Pandharkawada, Maregaon, and Ghatanji. The Ralegaon Agricultural Produce Market Committee (APMC) is one of the district’s primary cotton procurement hubs; last season, approximately 1 million (10 lakh) quintals of cotton were purchased there. Private traders remain highly active this year as well.
19 CCI procurement centers proposed for Yavatmal district
The Cotton Corporation of India (CCI) has planned to establish 19 centers in the district to procure cotton at the Minimum Support Price (MSP). The proposed locations include Arni, Darwha, Digras, Ghatanji, Pandharkawada, Kalamb, Mahagaon, Maregaon, Ner, Pusad, Ralegaon, Khairi, Babulgaon, and Wani.
Due to the better prices available in the private market, farmer interest in registering at the CCI procurement centers is reportedly low. However, the actual volume of cotton procured at government centers will depend on how these centers operate and the prevailing market prices.
Cotton prices to be determined by market arrivals and demand
In the coming days, cotton prices may be influenced by trader demand, the arrival of the new harvest, and overall production levels. The gap between private market prices and the government’s Minimum Support Price (MSP) will also play a key role in shaping farmers' decisions regarding where to sell their produce.
For now, the prospect of receiving up to ₹9,500 per quintal in the private market has raised hopes among farmers for better earnings. However, the actual price may vary depending on the quality of the cotton, its moisture content, and local demand.
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