Cotlook Index: 23-10-2026
91.95 (-0.80)
India & Germany discuss trade & technology ties in Berlin
Sunday, 25th Oct 2026, (Source: www.fibre2fashion.com)
Insights: India's Commerce and Industry Minister Piyush Goyal has concluded a two-day Germany visit, with Berlin talks focused on trade, investment, advanced manufacturing, research and emerging technologies. He met German Federal Chancellery adviser Levin Holle and leaders from Siemens Healthineers, Bertelsmann and Volkswagen.Indian delegates joined sectoral roundtables with German industry.
India’s Commerce and Industry Minister Piyush Goyal has concluded a two-day official visit to Germany, with engagements in Berlin focused on strengthening cooperation in trade, investment, advanced manufacturing, research and emerging technologies, according to the Ministry of Commerce and Industry.The Berlin programme on October 23, 2026, included meetings with senior German government officials, business leaders, research institutions and members of the Indian diaspora. The ministry said the engagements were aimed at expanding India-Germany economic and industrial cooperation. Goyal held a bilateral meeting with Levin Holle, economic and financial policy advisor and G7/G20 Sherpa at the German Federal Chancellery. Their discussions covered bilateral economic cooperation and opportunities to deepen economic and investment ties between India and Germany, the Ministry of Commerce and Industry said in a press release. The Indian Minister also met Bernd Montag, chief executive officer of Siemens Healthineers AG; Carsten Coesfeld, member of the executive board of Bertelsmann and chief executive officer of Bertelsmann Investments; and Holger Peters, chief financial officer of Volkswagen AG and chief executive officer of Škoda Auto. The meetings examined scope for expanding business partnerships, investment and industrial cooperation between the two countries. Goyal participated in a roundtable with leaders of prominent German industrial research institutions to discuss cooperation in advanced industrial technologies and innovation. Separately, members of the accompanying Indian business delegation joined sectoral roundtables with German industry representatives and sectoral associations to explore bilateral business collaboration.The visit also included interaction with Indian science and technology researchers and students based in Germany. Goyal held a roundtable with heads of selected Fraunhofer Institutes covering microelectronics, power electronics, logistics, smart manufacturing, industrial innovation and battery technologies, with discussions centred on strengthening research collaboration and industry-academia partnerships. Goyal also interacted with members of the Indian diaspora in Berlin and addressed the media. The ministry said the engagements reflected the growing scope of the India-Germany Strategic Partnership across trade, investment, advanced manufacturing, science and technology, research and industrial cooperation.
CCI Cotton Price Hike Supports Indian Market Amid Slow Arrivals
Saturday, 24th Oct 2026, by Yash Chouhan, (Source: www.smartinfoindia.com)
Cotton Market Analysis: CCI Price Hikes Provide Market Support
India: The Indian cotton market is receiving support from an increase in the Cotton Corporation of India’s (CCI) sale prices and a slow arrival of the new crop. Amidst purchasing activity by spinning mills and traders, the market is closely monitoring the pace of arrivals in the mandis (agricultural markets), crop conditions, and future demand.
Increase in CCI Prices
Market sentiment has strengthened following the CCI’s decision on October 22 to raise the sale prices for the 2025-26 season’s cotton by approximately USD 3.17 per candy. Additionally, reports indicate an increase of about ₹800 per candy in auction prices during mid-October. It is necessary to verify the specific basis for these figures. In the mandis of major producing states, cotton prices are reportedly around ₹9,000 per quintal. However, actual prices may vary based on cotton quality, local demand, and specific market conditions. The latest official data is required to compare these prices against the Minimum Support Price (MSP) for the respective categories. While the international ICE cotton futures market has shown limited gains, domestic supply and demand remain the primary drivers for the Indian market. The trajectory of MCX cotton futures may also be influenced by developments in the spot market and global trends.
Impact of Slow Arrivals and Demand
The arrival of the new crop is reportedly slow in some regions. Factors such as delayed harvesting, weather-related concerns, and farmers withholding sales in anticipation of better prices may affect availability in the mandis. Furthermore, uncertainty regarding crop conditions in parts of Andhra Pradesh is a significant factor for the market.
Meanwhile, spinning mills and traders are making purchases based on their requirements. The rise in cotton prices could increase production costs for mills; if the prices of yarn and fabric do not rise proportionately, there is a risk of pressure on their profit margins. Focus on Weather and Production
Concerns persist regarding weather conditions and potential crop losses in South India. However, an assessment of official weather forecasts and crop data is necessary to confirm the impact of El Niño and its potential effect on cotton production.
Final production figures will depend on the progress of the harvest, crop quality, and the incidence of pest infestations. If market arrivals remain limited while demand from mills stays strong, domestic prices could find support.
Market Outlook for the Next Three Days
Spot Market: Prices may remain stable or see a slight upward trend, provided that market arrivals stay limited and buying activity continues.
CCI Sales: Prices in upcoming auctions and the response from buyers will serve as key indicators for the market's direction.
ICE and MCX: Price fluctuations are possible, driven by domestic demand, international trends, and the arrival of the new crop.
Conclusion: The direction of the Indian cotton market will primarily depend on the arrival of the new crop and demand from mills. Mills should focus on phased procurement and stock management, while farmers should base their selling decisions on local price levels, crop quality, and their own cash flow requirements.
CCI Raises Cotton Prices by ₹600 per Candy; Weekly Sales Reach 66,200 Bales
Saturday, 24th Oct 2026, by Yash Chouhan, (Source: www.smartinfoindia.com)
CCI Raises Cotton Candy Prices by ₹600 per Candy; Weekly Auction Sales Reach 66,200 Bales
The Cotton Corporation of India (CCI) raised its cotton selling prices by ₹600 per candy during the week ended 23 October 2026. During the week, the corporation sold approximately 66,200 bales of cotton from the 2025–26 crop through its auction sales.
Day-Wise CCI Auction Performance
October 19, 2026 (Monday)
CCI recorded its highest daily sales of the week at 37,400 bales. Mills purchased 15,900 bales, while traders accounted for the remaining 21,500 bales.
October 21, 2026 (Wednesday)
CCI sold 14,400 bales, including 7,600 bales purchased by mills and 6,800 bales by traders.
October 22, 2026 (Thursday)
Total sales stood at 11,900 bales, with mills purchasing 3,200 bales and traders buying 8,700 bales.
October 23, 2026 (Friday)
The week concluded with sales of 2,500 bales. Mills purchased 2,000 bales, while traders bought the remaining 500 bales.
Cumulative Cotton Sales
Following the latest auction activity, CCI's cumulative cotton sales for the 2025–26 season reached approximately 99.29 lakh bales, reflecting continued auction activity in the domestic cotton market.
Adilabad Cotton Prices Hit ₹9,260 per Quintal Amid Drought Concerns
Saturday, 24th Oct 2026, by Yash Chouhan, (Source: www.smartinfoindia.com)
Maximum Cotton Price in Adilabad Reaches ₹9,260 per Quintal; Drought Threatens Yield
Hyderabad: In the Adilabad district of Telangana, the maximum price for cotton reached ₹9,260 per quintal on October 22, 2026, with a modal price of ₹9,000 per quintal recorded on the same day. This maximum price was ₹593 higher than the Minimum Support Price (MSP) of ₹8,667 per quintal set for long-staple cotton. However, a lack of rainfall and the prospect of a prolonged dry spell are causing growing concern among farmers.
Surge in Cotton Prices in October
On October 5, the price of cotton in Adilabad stood at ₹7,450 per quintal. It rose to ₹8,500 per quintal by October 20, followed by a recorded price of ₹8,250 per quintal on October 21. Subsequently, on October 22, the maximum price climbed to ₹9,260 per quintal—an increase of ₹1,810 per quintal compared to the price on October 5.
Fear of Crop Damage Due to Drought
In several parts of the district, reduced soil moisture has led to reports of cotton plants drying up and bolls bursting prematurely. Farmers fear that if there is no rainfall, the yield per acre could decline.
Crops in areas with black soil may fare better than those in regions with red soil, as black soil retains moisture for longer periods. However, the actual extent of the damage can only be assessed following a formal crop survey. Concerns have also been raised regarding the potential impact of El Niño; however, without confirmation of its direct influence, it cannot be definitively cited as the cause for the crop damage. 18 Procurement Centers Identified
According to District Collector Rajarshi Shah, 33 ginning mills and 18 procurement centers have been identified in the district to ensure the smooth procurement of farmers' produce. In Adilabad, cotton has been cultivated over an area of approximately 4.37 lakh acres, and a strong harvest arrival is expected this season.
According to reports, the Cotton Corporation of India (CCI) did not commence procurement on the first day due to high moisture content in the cotton. However, this information awaits official confirmation. Private traders are offering prices above the Minimum Support Price (MSP); however, for government procurement, the cotton must meet specified quality standards.
In the coming days, factors such as rainfall, crop quality, and the volume of arrivals at the markets (mandis) will determine the direction of the cotton market. If there is a significant decline in production, the total income of farmers could be adversely affected, even if prices remain high.
Maharashtra Cotton Crop Damage: Production May Fall by 50% Due to Drought and Heat
Monday, 26th Oct 2026, by Yash Chouhan, (Source: www.smartinfoindia.com)
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.
Yavatmal Cotton Prices Reach ₹9,500 per Quintal as Private Traders Increase Procurement
Monday, 26th Oct 2026, by Yash Chouhan, (Source: www.smartinfoindia.com)
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.
CCI Cotton Sales Reach 99.29 Lakh Bales
Monday, 26th Oct 2026, by Yash Chouhan, (Source: www.smartinfoindia.com)
State-wise CCI Cotton Sales Details – 2025-26 Season
The Cotton Corporation of India (CCI) increased its cotton candy prices by upto ₹600 per candy during this week . CCI has sold approximately 99,29,500 cotton bales for the 2025-26 season. Sales are highly concentrated in a few major cotton-producing states, Maharashtra, Telangana and Gujarat emerging as the leading contributors.
Prime Minister inaugurates Arvind’s Greenfield Garment Manufacturing Facility in Varanasi
Monday, 26th Oct 2026, (Source: www.indiantextilemagazine.in)
Prime Minister Shri Narendra Modi has inaugurated Arvind Limited’s state-of-the-art garment manufacturing facility in Varanasi, Uttar Pradesh, in the presence of Smt. Anandiben Patel, Hon’ble Governor of Uttar Pradesh, Shri Yogi Adityanath, Hon’ble Chief Minister of Uttar Pradesh, senior government officials and industry leaders. Developed with an investment of approximately ₹150 crore, the facility is Arvind’s first manufacturing unit in Uttar Pradesh. Spread across a sprawling landscape of 5.5 acres and with a total built up area of approximately 65,000 sq. ft., the plant has a revenue potential of Rs 250 Cr and is expected to generate employment for over 1,000 people, predominantly women, and manufacture essential knitwear products using advanced automated sewing technologies.
It was a proud moment for the Arvind family to welcome our beloved Prime Minister Mr Modi who was received by Mr. Sanjay Lalbhai, Chairman, Arvind Limited, Mr. Punit Lalbhai, Vice Chairman, and Mr. Kulin Lalbhai, Vice Chairman, who accompanied him during the inauguration and toured the facility.
Speaking on the occasion, Mr. Sanjay Lalbhai, Chairman, Arvind Limited, said, ” We are deeply honoured to have the Hon’ble Prime Minister inaugurate this facility. The Lalbhai Group’s journey of 130 years began in 1897 and has remained closely intertwined with India’s industrial progress. Inspired by the institution-building vision of Shri Kasturbhai Lalbhai, we have consistently invested in enterprises that contribute to economic growth, employment generation and nation-building. We are particularly proud that this investment will create large-scale employment opportunities, with women expected to form a significant part of the workforce, reflecting the transformative power of Nari Shakti in driving India’s growth story. We are proud to partner in India’s development journey through investment, innovation and job creation.”
Mr. Punit Lalbhai, Vice Chairman, Arvind Limited, said, “India is at an inflection point in its apparel manufacturing journey. With a strong textile value chain, a skilled workforce and growing global demand for diversified sourcing, the country is well positioned to emerge as a preferred manufacturing destination for the world. Sustained investments in capacity, productivity, sustainability and workforce development will be critical to realising this opportunity. We are happy that this facility will contribute to local economy with multiplier impact through local employment generation, local sourcing of goods and services and a secondary impact on the ecosystem of moving workforce back home through reverse migration. At Arvind, we remain committed to contributing to this growth story by building globally competitive manufacturing capabilities that create long-term value and employment.”
Mr. Kulin Lalbhai, Vice Chairman, Arvind Limited, added, “Uttar Pradesh is rapidly establishing itself as one of India’s most attractive manufacturing destinations. The state’s focus on infrastructure development, industrial growth, connectivity and skill creation is enabling businesses to expand with confidence and scale. As the textile and apparel sector continues to grow, Uttar Pradesh is well positioned to play a pivotal role in strengthening India’s manufacturing ecosystem, creating employment opportunities and attracting long-term investment.”
The above green field development augers well for Arvind’s Garmenting business and is a firm step in the strategic direction of vertical integration. The said facility will forward integrate Arvind’s inhouse manufactured Knitted Fabric, which will enhance its share of wallet with existing customers and increase stickiness. The facility adds much needed Garment manufacturing capacity to the country’s large Textile heavy landscape. With the recently signed FTAs, this facility will adequately strengthen the basket of offering to the newly opened European and UK market.
The facility has been developed as a modern manufacturing hub with a focus on efficiency, sustainability and workforce welfare. Equipped with advanced automated production systems, the plant is designed to enhance productivity, ensure consistent quality and support scalable manufacturing operations. Arvind has also established dedicated worker hostels to support employees and plans to further expand residential infrastructure as operations grow.
The project is expected to contribute significantly to the economic development of Varanasi and Uttar Pradesh through employment generation, skill development and the strengthening of the local apparel manufacturing ecosystem. In addition to creating over 1,000 direct jobs, the facility is expected to support ancillary economic activity across supply chains, logistics and local services, further reinforcing Uttar Pradesh’s emergence as a preferred destination for textile and apparel manufacturing.
