Weekly Publication of Cotton Association of India Edited & Published by Amar Singh 2018-19 No. 30 23 rd October, 2018 Published every Tuesday Cotton Exchange Building, 2nd Floor, Cotton Green, Mumbai - 400 033 Phone: 3006 3400 Fax: 2370 0337 Email: cai@caionline.in www.caionline.in CAI Hosts Second Cotton India Domestic 2018 Conference in Aurangabad on October 6, 2018 Contd. from Issue No. 29 dated 16 th October 2018 Business Session I Panel discussion on Hedging in Currency/Commodities- BSE. Shri. Arun Sekhsaria, Director, CAI. Shri. Rupesh Dalal, Consultant, Bombay Stock Exchange. Shri. Sameer Patil, Head, Business Development, BSE. Shri. Mahesh Sharda, President, Indian Cotton Association Ltd. Shri. Dhiraj Khetan, Director, Sri Salasar Balaji Agrotech Pvt. Ltd. Shri. Archan Barua, Business Manager (Cotton) Cargill India Pvt. Ltd. Shri. Kushal Shah, Trader- Cotton, Reinhart India Pvt. Ltd. Shri. Sumesh Parasrampuria, CEO, Kunvarji Group. Shri. Sanchit Rajpal, Joint Managing Director, Manjeet Group. The panellists of Business Session I.
2 23 rd October, 2018 Cotton Statistics & News Business Session II Panel discussion on Banking, Warehouse Finance and General/Credit Insurance., Etc. chaired by Shri. Unupom Kausik, Deputy CEO, NCML. Shri. Unupom Kausik, Deputy CEO, NCML. Shri. Shri Krisha Mohan Singh, President-Head Commodities Agri Product Management, Yes Bank Ltd. Shri. S.M. Makharia, Hon. Treasurer, CAI. Shri. Rathin Variaya, Founder Partner & Principal Officer, Suyash Insurance Broking L.L.P. Shri. Vishal Mishra, Associate VP and State Head Maharashtra, National Bulk Handling Corporation Pvt. Ltd. Shri. Alok Pradhan, Head-Collateral Management, Shree Shubham Logistics Ltd. The panellists of Business Session II. Business Session III Panel discussion on Enhancing the Brand Value of Indian Cotton chaired by Shri. Vinay N. Kotak, Additional Vice President, CAI. Shri. Vinay N. Kotak, Additional Vice President, CAI. Shri. Nayan Mirani, Immediate Past President, CAI. Shri. Manish Daga, Director CAI. Shri. Pathik Patel, Managing Director, Basil Commodities Pvt. Ltd. Shri. Sanchit Rajpal, Joint Managing Director, Manjeet Group. The panellists for Business Session III.
Cotton association of india 23 rd October, 2018 3 Business Session IV Panel discussion on Challenges faced by Maharashtra Ginning Industry chaired by Rasdeepsingh Chawla, Managing Director, Harman Cottex & Seeds Pvt. Ltd. Rasdeepsingh Chawla, Managing Director, Harman Cottex & Seeds Pvt. Ltd. Shri. Nikhil Agrawal, Director, Shri Saishyam Cotspin. Shri. Avinash Kabra, Director, Ram Food Product Pvt. Ltd. Shri. Bhavesh Shah, Director, Sultania Oil Industries Pvt. Ltd. Shri. Nilesh Biyanke, Director, Biyani Biyanke Cottex Pvt. Ltd. Shri. Harish Agrawal, Partner, Vallabh Industries, Dharangaon Shri. Sharad Gandhi, Director, Kisan Agro Industry, Ginning & Pressing. Shri Gopal Agrawal, Director CAI. The panellists for Business Session IV. Business Session V Panel discussion on HVI testing, Classing, Standard Packing of Bales, CAI Grade Standards chaired by Shri. Arun Sekhsaria, Director, CAI. Shri. Arun Sekhsaria, Director CAI. Shri. Rishit Dholakia, Director CAI. Dr. P.K. Mandhyan, Head, Quality Evaluation & Improvement Division, ICAR-CIRCOT. Shri. Pathik Patel, Managing Director, Basil Commodities Pvt. Ltd. Shri. Sanjay Rathi, Director, CAI Shri Dhiraj Khetan, Director, Sri Salasar Balaji Agrotech Pvt. Ltd. Shri Gopal Agrawal, Director CAI. The panellists for Business Session V.
4 23 rd October, 2018 Cotton Statistics & News Business Session VI Brokers panel discussion chaired by Shri. Anil Thanvi of Ishwar Trading Co. Shri. Anil Thanvi, Ishwar Trading Co. Shri. Sudhir Mantri, Director, Mantri Marketing Pvt. Ltd. Shri Babulal Jain, Director, Babulal Jain Cotton Pvt. Ltd. Shri. T. Rajkumar, Shree MTK Textiles Pvt. Ltd. Shri. Prakash Rathi. Shri. Rajkumar Rungta Shri. Chandra Kumar Mohta, President, Maharashtra Cotton Brokers Association The panellists for Business Session VI. Concluding remarks and vote of thanks by Shri. Vinay.N.Kotak, Additional Vice President, CAI
Cotton association of india 23 rd October, 2018 5 Felicitations Shri. Atul S. Ganatra, President, CAI, and Shri. Bhupendra Singh Rajpal, Vice-President, CAI felicitate Senior Members of the Trade from Maharashtra. Shri. Rameshwar Tawani Shri. Ramprasad Soni Shri. Jeevan Bayas Shri. Bharat Dand Shri. Pradeep Shantilal Jain Shri. Dnyaneshwar Bhamre Shri. Rasdeep Singh Chawla, Maharashtra Cotton Ginners Association. Shri. Rajkumar Jain
6 23 rd October, 2018 Cotton Statistics & News Shri. Atul S. Ganatra, President, CAI and Shri. Bhupendra Singh Rajpal, Vice President, CAI felicitate Presidents of the State Associations Shri. Mahesh Sharda, President of Indian Cotton Association Ltd. Shri. Omprakash Jain, President, Karnataka Cotton Association. Shri Manjeet Singh Chawla, President, Madhyanchal Cotton Ginners & Traders Asson., M.P. Shri. Ramesh Kakkirala for Telangana Cotton MillersTraders Welfare Association. Shri. Atul S. Ganatra, President, CAI and Shri. Bhupendra Singh Rajpal, Vice-President, CAI honour the sponsors with trophies and bouquets. Platinum Sponsorship: Shri. Pinakin Dave from Bombay Stock Exchange. Gold Sponsorship: Shri. Gopal T. Agrawal from Riddhi Siddhi Cotex Pvt. Ltd., Aurangabad. Gold Sponsorship: Shri. Dhiraj Kumar Khetan, Sri Salasar Balaji Agrotech Pvt.Ltd., Hyderabad. Gold Sponsorship: Shri. Nitin Ganatra, Shree Radhalakshmi Cotton Pvt. Ltd., Mumbai.
Cotton association of india 23 rd October, 2018 7 Silver Sponsorship: Shri. Sanjay Rathi from Laxmi Cotspin (P) Ltd., Jalna. Silver Sponsorship: Shri. Arun Sekhsaria from DD Cotton Pvt. Ltd., Mumbai. Silver Sponsorship: Shri. Rathin Varaiya from Suyash Insurance Broking LLP, Mumbai. Silver Sponsorship: Shri. Rakendra Bhadoriya from A.R. Cotex Silver Sponsorship: Shri. Sunil Jaiswal from Deveshkumar Brijeshkumar, Nagpur Silver Sponsorship: Shri. Kailash Jain from Jainuine Insurance Brokers Pvt. Ltd., Aurangabad. Silver Sponsorship: Shri. Sunil Tiwari from Mahima Fibres Pvt. Ltd., Aurangabad. Silver Sponsorship: Shri. Anil Sharma from Tayal Sons Limited, Hissar.
8 23 rd October, 2018 Cotton Statistics & News Glimpses of pre-conference cocktails and dinner on October 5, 2018 Ghazal recital
Cotton association of india 23 rd October, 2018 9
10 23 rd October, 2018 Cotton Statistics & News Year/Month Production of Man-Made Filament Yarn Viscose Filament yarn Polyester Filament yarn Nylon Filament yarn Poly propylene Filament yarn (In Mn. kg.) Total 2016-17 (P) 46.07 1060.41 41.00 11.45 1158.93 2017-18 (P) 47.02 1090.12 39.38 10.90 1187.42 2018-19 (P) (Apr-July) 15.40 341.36 13.80 3.61 374.17 2016-17 (P) April 3.78 84.08 3.30 0.96 92.12 May 3.88 85.31 3.38 0.96 93.53 June 3.90 84.93 3.27 0.95 93.05 July 3.98 89.83 3.46 0.99 98.26 August 3.97 90.88 3.38 0.97 99.20 September 3.75 89.11 3.67 0.96 97.49 October 3.89 93.00 3.69 1.05 101.63 November 3.78 86.49 3.06 0.77 94.10 December 3.84 84.59 2.76 0.80 91.99 January 3.87 93.21 3.77 1.10 101.95 February 3.56 85.78 3.49 0.89 93.72 March 3.87 93.20 3.77 1.05 101.89 2017-18 (P) April 3.81 89.41 3.24 0.85 97.31 May 3.82 92.68 3.49 0.79 100.78 June 3.69 90.84 3.27 0.90 98.70 July 4.03 96.53 2.96 0.95 104.47 August 3.98 97.09 3.07 0.91 105.05 September 3.90 91.96 3.09 0.92 99.87 October 4.00 88.04 3.30 0.93 96.27 November 4.06 84.34 3.31 0.82 92.53 December 4.46 90.02 3.29 0.87 98.64 January 3.85 94.38 3.45 1.03 102.71 February 3.54 83.63 2.96 1.00 91.13 March 3.88 91.20 3.95 0.93 99.96 2018-19 (P) April 3.77 89.97 3.58 0.92 98.24 May 3.79 83.66 3.39 0.90 91.74 June 3.85 83.06 3.24 0.89 91.04 July 3.99 84.67 3.59 0.90 93.15 P - Provisional Source : Office of the Textile Commissioner
Cotton association of india 23 rd October, 2018 11 Sr. No. Growth UPCOUNTRY SPOT RATES Standard Descriptions with Basic Grade & Staple in Millimetres based on Upper Half Mean Length [ By law 66 (A) (a) (4) ] Grade Standard Grade Staple Micronaire Strength /GPT 1 P/H/R ICS-101 Fine Below 5.0-7.0 15 22mm 2 P/H/R ICS-201 Fine Below 5.0-7.0 15 22mm 3 GUJ ICS-102 Fine 22mm 4.0-6.0 20 4 KAR ICS-103 Fine 23mm 4.0-5.5 21 5 M/M ICS-104 Fine 24mm 4.0-5.0 23 6 P/H/R ICS-202 Fine 26mm 3.5-4.9 26 7 M/M/A ICS-105 Fine 26mm 3.0-3.4 25 8 M/M/A ICS-105 Fine 26mm 3.5-4.9 25 9 P/H/R ICS-105 Fine 27mm 3.5.4.9 26 10 M/M/A ICS-105 Fine 27mm 3.0-3.4 26 11 M/M/A ICS-105 Fine 27mm 3.5-4.9 26 12 P/H/R ICS-105 Fine 28mm 3.5-4.9 27 13 M/M/A ICS-105 Fine 28mm 3.5-4.9 27 14 GUJ ICS-105 Fine 28mm 3.5-4.9 27 15 M/M/A/K ICS-105 Fine 29mm 3.5-4.9 28 16 GUJ ICS-105 Fine 29mm 3.5-4.9 28 17 M/M/A/K ICS-105 Fine 30mm 3.5-4.9 29 18 M/M/A/K /T/O ICS-105 Fine 31mm 3.5-4.9 30 19 A/K/T/O ICS-106 Fine 32mm 3.5-4.9 31 20 M(P)/K/T ICS-107 Fine 34mm 3.0-3.8 33 (Note: Figures in bracket indicate prices in Rs./Candy) Spot Rate (Upcountry) 2017-18 Crop October 2018 (Rs./Qtl) 15th 16th 17th 18th 19th 20th - - - H - - 9364 9364 9308 9420 9392 (33300) (33300) (33100) (33500) (33400) 10601 10601 10545 10545 10517 (37700) (37700) (37500) (37500) (37400) 11332 11332 11276 O 11276 11248 (40300) (40300) (40100) (40100) (40000) 10882 10854 10770 10770 10742 (38700) (38600) (38300) L (38300) (38200) 11501 11501 11417 I 11417 11389 (40900) (40900) (40600) (40600) (40500) 11782 11782 11698 11698 11670 (41900) (41900) (41600) (41600) (41500) - - - D - - 12345 12288 12204 12204 12176 (43900) (43700) (43400) (43400) (43300) 12513 12457 12373 12373 12345 (44500) (44300) (44000) (44000) (43900) 12738 12738 12654 A 12654 12626 (45300) (45300) (45000) (45000) (44900) 12795 12766 12682 12682 12654 (45500) (45400) (45100) (45100) (45000) 12823 12823 12738 12738 12710 (45600) (45600) (45300) Y (45300) (45200) 13216 13188 13104 13188 13160 (47000) (46900) (46600) (46900) (46800) 16450 16394 16310 16310 16281 (58500) (58300) (58000) (58000) (57900)
12 23 rd October, 2018 Cotton Statistics & News Sr. No. Growth UPCOUNTRY SPOT RATES Standard Descriptions with Basic Grade & Staple in Millimetres based on Upper Half Mean Length [ By law 66 (A) (a) (4) ] Grade Standard Grade Staple Micronaire Strength /GPT 1 P/H/R ICS-101 Fine Below 5.0-7.0 15 22mm 2 P/H/R ICS-201 Fine Below 5.0-7.0 15 22mm 3 GUJ ICS-102 Fine 22mm 4.0-6.0 20 4 KAR ICS-103 Fine 23mm 4.0-5.5 21 5 M/M ICS-104 Fine 24mm 4.0-5.0 23 6 P/H/R ICS-202 Fine 26mm 3.5-4.9 26 7 M/M/A ICS-105 Fine 26mm 3.0-3.4 25 8 M/M/A ICS-105 Fine 26mm 3.5-4.9 25 9 P/H/R ICS-105 Fine 27mm 3.5.4.9 26 10 M/M/A ICS-105 Fine 27mm 3.0-3.4 26 11 M/M/A ICS-105 Fine 27mm 3.5-4.9 26 12 P/H/R ICS-105 Fine 28mm 3.5-4.9 27 13 M/M/A ICS-105 Fine 28mm 3.5-4.9 27 14 GUJ ICS-105 Fine 28mm 3.5-4.9 27 15 M/M/A/K ICS-105 Fine 29mm 3.5-4.9 28 16 GUJ ICS-105 Fine 29mm 3.5-4.9 28 17 M/M/A/K ICS-105 Fine 30mm 3.5-4.9 29 18 M/M/A/K /T/O ICS-105 Fine 31mm 3.5-4.9 30 19 A/K/T/O ICS-106 Fine 32mm 3.5-4.9 31 20 M(P)/K/T ICS-107 Fine 34mm 3.0-3.8 33 (Note: Figures in bracket indicate prices in Rs./Candy) Spot Rate (Upcountry) 2018-19 Crop October 2018 (Rs./Qtl) 15th 16th 17th 18th 19th 20th 11895 11895 12176 12007 12035 (42300) (42300) (43300) (42700) (42800) 12035 12035 12317 H 12148 12176 (42800) (42800) (43800) (43200) (43300) - - - O - - - - - L - - 12570 12513 12260 12373 12317 (44700) (44500) (43600) I (44000) (43800) 12626 12570 12317 D 12429 12373 (44900) (44700) (43800) (44200) (44000) - - - A - - 13076 13020 12935 12935 12935 (46500) (46300) (46000) (46000) (46000) 13188 13132 13048 13104 13104 (46900) (46700) (46400) (46600) (46600) 13048 12991 12907 Y 12963 12963 (46400) (46200) (45900) (46100) (46100) 13160 13104 13020 13076 13076 (46800) (46600) (46300) (46500) (46500) 13947 13891 13807 13807 13807 (49600) (49400) (49100) (49100) (49100) 16478 16422 16338 16338 16338 (58600) (58400) (58100) (58100) (58100)