1. Home >
  2. Export Import News >
  3. Export News >
  4. N Maha ginners likely to export cotton directly to B’desh >
  5. N Maha ginners likely to export cotton directly to B’desh

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

N Maha ginners likely to export cotton directly to B’desh.

Date: 13-01-2020
Subject: N Maha ginners likely to export cotton directly to B’desh
Nashik: Cotton ginners in North Maharashtra are in talks with cotton importers from Bangladesh to export the produce directly to the neighbouring country. 

Currently, cotton ginners in North Maharashtra are exporting cotton to Bangladesh via Mumbai-based export houses. 

The Bangladesh Cotton Association has shown interest in directly buying cotton bale from ginners in North Maharashtra and has invited office-bearers of Khandesh Ginners/Pressing Factory Owners’ Association for a meeting in Bangladesh next month. 

The ginners will get Rs 2,000 each more for every 1.78 quintal a bale if they export directly to Bangladesh. 

“We will pass on the benefits to cotton farmers if we start exporting cotton bales directly to Bangladesh. We procure raw cotton directly from farmers and process in our ginning and pressing units. We make a cotton bale from five quintal of raw un-ginned cotton,” Pradeep Jain, president of Khandesh Ginning and Pressing Factory Owners Association, said. 

“The farmers may get Rs 200 per quintal more if we export directly to Bangladesh. The Bangladesh Cotton Association has invited us for a meeting on February 29,” he added. 

Bangladesh is the major importer of Indian cotton. Around 40% of the total cotton from India is exported to Bangladesh. North Maharashtra includes four districts — Nashik, Dhule, Jalgaon and Nandurbar. But three districts Jalgaon, Dhule and Nandurbar are known as Khandesh known for producing good quality cotton. 

On an average the area under cotton cultivation in North Maharashtra is 8.5 lakh hectare. Cotton acreage in Nashik district is only 50,000 hectare, while over 8 lakh hectare is spread in Khandesh. 

While country exports around 50 lakh bales of cotton, North Maharashtra’s contribution is around 5 lakh bales. This year owing to incessant rainfall cotton yield in North Maharashtra reduced by 5%, but production was same as last year due to rise in acreage by 5%. 

The areas under cotton in North Maharashtra increased from 8.5 lakh hectare to 9 lakh hectares this year. 

“China’s internal reserves of cotton have reduced. Hence, China is likely to import around 20 lakh bales of cotton from various countries. Of which, it may import around 10-12 lakh cotton bales from India. Hence, demand is likely to increase. The rate of raw cotton has also increased by Rs 200 per quintal to Rs 5,300 per quintal on Sunday, against Rs 5,100 per quintal on Monday,” Jain said. 

Source: timesofindia.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Exim Help

What is New?

Date: 21-05-2020
Notification No.46/2020 - Customs (N.T.)
Exchange Rates Notification No.46/2020-Custom (NT) dated 21.05.2020.

Date: 16-05-2020
Notification No. 06/2015-2020-DGFT
Amendment in Export Policy of Masks

Date: 15-05-2020
Notification No. 42/2020-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg

Date: 14-05-2020
Notification No. 23/2020-Customs
Seeks to further amend Customs Notification No. 50/2017-Customs dated 30.06.2017 so as to extend the period of validity of existing Export Performance Certificates for FY 2019-20 up to 30.09.2020.

Date: 13-05-2020
Notification No. 05/2015-2020
Amendment in import policy conditions of Silver under Chapter 71 of ITC (HS), 2017, Schedule – I (Import Policy).

Date: 12-05-2020
PUBLIC NOTICE No. 05/2015-2020-DGFT
Procedure for availing Transport and Marketing Assistance (TMA) on Specified Agriculture Products-claims to be made on per Kilogram basis for the shipments by air regarding.

Date: 12-05-2020
NOTIFICATION No. 22/2020-Customs
Seeks to confirm the provisional increase of 5% in the rate of duty of customs levied vide notification No. 29/2019-Cus dated 04.09.2019, for a period of 180 days, on imports of “Refined Bleached Deodorized Palmolein and Refined Bleached Deodorized Palm Oil”, falling under tariff item [1511 90 10] or tariff item [1511 90 20] of the First Schedule to the Customs Tariff Act, 1975, originating in Malaysia and imported under India-Malaysia Comprehensive Economic Cooperation Agreement.

Date: 06-05-2020
Notification No.41/2020 - Customs (N.T.)
Exchange Rates Notification No.41/2020-Custom (NT) dated 06.05.2020

Date: 06-05-2020
TRADE NOTICE NO. 09/2020-2021
Clarification with respect to submission of Pre-shipment Inspection Certificate (PSIC).

Date: 05-05-2020
Notification No. 21/2020-Customs
Seeks to amend notification No. 18/2019-Customs dated 6th July, 2019 so as to increase effective rate of Road and Infrastructure Cess (RIC) collected as additional duty of customs on petrol and diesel by Rs. 8 per litre.

Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.


C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001