Yash Chouhan, Tue Nov 25,
CCI's cotton procurement at MSP accelerates; prices may exceed last year's levels due to lower prices.
CAI recently estimated the 2025-26 crop at 30.5 million bales (each bale weighing 170 kg), down 2% from last year's 31.24 million bales.
As cotton arrivals increase, the state-owned Cotton Corporation of India (CCI) has accelerated its procurement of the natural fiber crop at the Minimum Support Price (MSP), with daily purchases surpassing one lakh bales (170 kg). According to trade, arrivals surpassed two lakh bales on Monday.
"Procurement has begun in all cotton-growing states except Odisha. Last Friday, we crossed 1 lakh bales in a day and this season we have crossed nearly 8 lakh in total," said CCI Chairman and Managing Director Lalit Kumar Gupta.