① Due to the lack of raw cotton supply in the spot market, about 70% of cotton spinning mills in Indore, India, have been closed as farmers clear most of their inventories early in the harvest season. Traders and cotton mills said falling spot supplies and picking up demand from textile mills have pushed raw cotton prices to 6,500-7,000 rupees per cubic foot, compared with 5,700 rupees per cubic foot in January.
② Masdfssdfsnjeet Singh Chasdfssdfsdfswlasdfssdfs, chairman of the Indian Madhya Pradesh Cotton Mills Association, said that only about 25-30% of cotton spinning mills are operating, and other factories have stopped production due to shortage of raw materials. Cotton mill supplies are provided by Cotton Corporation of India and stockists. The daily supply of cotton in the Madhya Pradesh market has dropped to about 20,000 quintals from 100,000 quintals in October and 22.
③According to the Cotton Association of India, cotton production in Madhya Pradesh is expected to increase by about 17% to 2.1 million bales (170 kg per bale), although compared with last year, The country’s output decreased by 400,000 bales to 3.56 million bales. There are about 175 cotton spinning mills in Madhya Pradesh, of which about 125 are located in the main cotton growing belt up to DHAsdfssdfsr. </p
