Cotlook Index: 12-11-2026
90.80 (-0.05)
US cotton futures edge higher on export demand, firm dollar caps gains
Friday, 13th Nov. 2026, (Source: www.fibre2fashion.com)
nsights
US cotton futures settled marginally higher on Thursday, with March 2027 on ICE Futures US up 0.15 per cent at 82.51 cents per pound, supported by recent strong export sales.
A stronger US dollar, weaker Chicago grains and harvest pressure capped gains, while USDA cut US output to 13.18 million bales.
Traders await the delayed USDA export sales report; ICE-certified stocks rose to 76,570 bales.
US cotton futures settled marginally higher on Thursday, supported by strong export sales in recent weeks and expectations of continued demand. However, a stronger US dollar, weakness in grain markets and ongoing harvest pressure restricted gains. Traders remained cautious ahead of the delayed weekly export sales report from the US Department of Agriculture (USDA).The most active March 2027 cotton contract on ICE Futures US gained 12 points, or 0.15 per cent, to settle at 82.51 cents per pound. The December 2026 contract rose 15 points to 78.67 cents per pound, compared with Wednesday’s settlement of 78.52 cents. The December/March spread stood at 384 points, with March trading at a premium.The US dollar climbed to its highest level in nearly 19 months on Thursday, following stronger inflation data that prompted markets to reassess the Federal Reserve’s interest rate outlook. A stronger dollar makes US cotton more expensive for overseas buyers, particularly when competing with supplies from Brazil and Australia.Chicago corn, wheat and soybean futures also declined as the dollar’s appreciation weighed on export sentiment across agricultural commodities.According to market analysts, the cotton market showed little reaction to the USDA’s monthly supply and demand report released on Tuesday. The agency reduced its estimate of US cotton production by 267,000 bales to 13.18 million bales but also lowered its domestic demand projection.Weakness in Chicago grain markets, the stronger dollar and the continuing harvest were influencing cotton prices. The arrival of newly harvested cotton has also increased market availability, limiting the potential for a stronger recovery.Market participants are now awaiting Friday’s USDA weekly export sales report, which has been delayed by one day due to the Veterans Day holiday. Export sales have remained strong over recent weeks, providing underlying support to cotton futures despite broader market weakness.ICE-certified cotton stocks increased to 76,570 bales as of November 10, compared with 75,380 bales on the previous trading day, representing an increase of 1,190 bales. The rise in exchange-certified inventories added to concerns about near-term supply availability.Meanwhile, higher crude oil prices provided some support to cotton. Rising crude prices can increase polyester production costs, potentially improving cotton’s relative competitiveness against the synthetic fibre.This morning (Indian Standard Time), March 2027 cotton traded at 82.51 cents per pound (unchanged). Cash cotton was quoted at 77.67 cents (up 0.15 cent), while the December 2026 contract traded at 78.76 cents (up 0.09 cent). The May 2027 contract traded at 84.20 cents (down 0.01 cent), the July 2027 contract at 84.68 cents (unchanged), and the October 2027 contract at 78.58 cents (up 0.29 cent). A few contracts remained at their previous closing levels, with no trading recorded so far today.
India's IITF 2026 to bring together over 3,500 exhibitors
Friday, 13th Nov. 2026, (Source: www.fibre2fashion.com)
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India's Commerce Minister Piyush Goyal will inaugurate the 45th India International Trade Fair (IITF) 2026 on November 13 in New Delhi.
Running from November 14-27, the event will feature over 3,500 exhibitors from India and abroad, with a focus on regional products, international trade, MSMEs and around 600 start-ups.
Textiles, footwear, handicrafts and ODOP products are among the categories on show.
India's Commerce and Industry Minister Piyush Goyal is scheduled to inaugurate the 45th India International Trade Fair (IITF) 2026 as chief guest on November 13. The fair will run from November 14 to 27 at Bharat Mandapam in New Delhi.Organised by the India Trade Promotion Organisation (ITPO), IITF 2026 will bring together more than 3,500 exhibitors from India and abroad across 17 halls, covering over 100,000 square metres of exhibition space. The event will be held under the theme of Development and Heritage, according to the Ministry of Commerce and Industry.The fair will feature participation from 32 states and Union territories, along with 51 central ministries, government departments, public sector undertakings (PSUs) and public sector banks. Bihar, Maharashtra, Rajasthan and Uttar Pradesh will participate as Partner States, while Assam, Delhi, Jharkhand and West Bengal will be the Focus States.Participating states and Union territories will showcase regional products, local industries, traditional crafts, culture, tourism potential and development initiatives.International participation will include exhibitors from 11 countries. The Ministry has named pavilions featuring participants from Thailand, Iran, Ghana, Nepal, Afghanistan, the UAE, Turkiye, China, Sri Lanka and Bangladesh. These pavilions are intended to promote international business engagement and strengthen trade linkages.For sourcing and retail visitors, country pavilions will be located in Hall 1, while Partner and Focus States, central ministries, PSUs and public sector banks will occupy Halls 2 to 5. Consumer product categories will be showcased across Halls 8 to 14.The product range will include textiles, footwear, electronics, consumer durables, kitchen equipment, processed food, spices, agricultural produce, handicrafts, home furniture, cosmetics and jewellery.ITPO chairman Jawed Ashraf said would celebrate India's progress, diversity and heritage, with a focus on youth entrepreneurship. The Hall of Inspiration (Hall 14) will showcase around 600 start-ups, providing young enterprises with visibility and opportunities to connect with wider markets while the ODOP Pavilion will feature crafts, cuisine and cultural traditions from 21 states.The Ministry said IITF continues to provide market access opportunities for micro, small and medium enterprises (MSMEs), start-ups and small traders by enabling them to showcase their products, connect with potential buyers and explore new markets.ITPO is also facilitating Indian start-up participation in international events such as VivaTech in Paris and the upcoming Singapore FinTech Festival. The initiative aims to promote entrepreneurship across the country, including in Tier-2 and Tier-3 cities.Separately, ITPO is working to develop Bharat Mandapam as a year-round destination for exhibitions, cultural programmes and public engagement. Plans include a proposed cultural hub with seating capacity for approximately 2,000 people.
India's FTAs offer access to $85 trn global market: Piyush Goyal
Thursday, 12th Nov. 2026, (Source: www.fibre2fashion.com)
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India's existing free trade agreements provide access to an $85 trillion global market, covering about two-thirds of the world economy, Indian Commerce Minister Piyush Goyal said.
Urging businesses to leverage these opportunities, he invited global investors to explore India's manufacturing, research, technology and innovation sectors at the 31st CII Partnership Summit.
India's existing free trade agreements (FTAs) provide open market access to an $85 trillion global economy, equivalent to about two-thirds of global GDP, India's Commerce and Industry Minister Piyush Goyal said at the inaugural session of the 31st CII Partnership Summit in Visakhapatnam today.Goyal urged Indian industries, businesses and startups to capitalise on the opportunities created by the trade agreements. He identified open markets, protection of intellectual property rights and reliability as India's three key propositions for global investors.India has concluded nine free trade and preferential trade agreements over the past four to four-and-a-half years, covering 38 developed countries and markets representing around $60 trillion in global GDP, Goyal said, according to media reports."India is the safest destination for global investments in a turbulent world," he said and invited global investors to consider India as a preferred destination for manufacturing, research and development (R&D), global capability centres (GCCs) and emerging technologies.He highlighted the country's open markets, expanding capabilities and predictable policy environment, as well as its cost-competitive base for research, design and manufacturing and safeguards for intellectual property and investments.Referring to Andhra Pradesh, Goyal said the state was emerging as an important investment destination, with opportunities in advanced technology, drones, space, green hydrogen, data centres and R&D.He noted that Visakhapatnam was shifting its focus from traditional industries such as steel towards new-age sectors and technology. He also cited the city's resilience in dealing with recent cyclones as evidence of its preparedness to host major business and investment events.Goyal called on Indian industry to prioritise sustainability, skill development and global quality standards.The summit, themed Navigating the New World Order, was inaugurated by Andhra Pradesh Chief Minister N Chandrababu Naidu, Union Ministers Piyush Goyal and Ram Mohan Naidu, and State Deputy Chief Minister Pawan Kalyan.Government and business representatives from several countries, leading industrialists and foreign diplomats are participating in the event.The Confederation of Indian Industry (CII) called for greater international cooperation in emerging technologies and highlighted opportunities for India in semiconductors, solar panels, battery storage systems, electric vehicles and large-scale agricultural value chains.The summit aims to strengthen global investment partnerships and contribute to the goals of Viksit Bharat and Viksit Andhra Pradesh.
Private Traders Buying Cotton ₹300 Below MSP in Adilabad Amid CCI Procurement Delay
Friday, 13th Nov. 2026, by Yash Chouhan, (Source: www.smartinfoindia.com)
Private Traders in Adilabad Purchasing Cotton Below MSPAdilabad: Amidst delays in the commencement of cotton procurement by the Cotton Corporation of India (CCI), private traders in the Adilabad region are purchasing cotton from farmers at prices approximately ₹300 per quintal below the Minimum Support Price (MSP). This has made it difficult for farmers to secure a fair price for their produce.According to data from the Agriculture Department, cotton was cultivated across approximately 11.50 lakh acres in the undivided Adilabad district this year. Favorable weather conditions had initially projected a yield of 90 lakh quintals. However, farmers report that the impact of El Niño and a deficit in rainfall have reduced the total yield to around 50 lakh quintals.On October 22, the CCI began procurement at an MSP of ₹8,667 per quintal for cotton with an 8 percent moisture content. Officials state that 33 ginning mills have been identified and 18 procurement centers established within Adilabad district. Similar procurement arrangements have also been made in the districts of Nirmal, Kumuram Bheem Asifabad, and Mancherial.Despite this, in remote and tribal-dominated areas, private traders are setting up makeshift procurement centers at village squares and along roadsides. It is alleged that they are paying farmers about ₹300 less than the MSP, citing high moisture content as the reason. Some traders are also making additional deductions under the guise of labor (hamali) charges and for providing immediate cash payments.According to farmers, traders are also recovering old debt amounts during the sale of cotton. The financial burden on farmers is increasing due to loans taken from private moneylenders at high interest rates.Farmers have urged the administration to conduct raids on these unauthorized procurement centers and ensure that they receive the full benefit of the MSP. In this regard, District Marketing Officer Gajanand stated that only traders licensed by local agricultural marketing committees are permitted to purchase cotton. Illegal traders will face fines, and the Legal Metrology Department may seize their weighing machines. According to him, there are approximately 550 licensed traders in the undivided Adilabad district.Key statistics: Cotton cultivation area of 11.50 lakh acres, initial estimated production of 90 lakh quintals, revised estimated production of 50 lakh quintals, Minimum Support Price (MSP) of ₹8,667 per quintal, 33 ginning mills, and 18 procurement centers.
Manwat APMC Cotton Prices Reach ₹9,600 per Quintal; Rates Rise for Third Consecutive Day
Friday, 13th Nov. 2026, by Yash Chouhan, (Source: www.smartinfoindia.com)
Maximum Cotton Price Reaches ₹9,600 per Quintal at Manwat APMC; Prices Rise Consistently Over Three Daysarbhani: Open auctions for cotton have commenced at the Agricultural Produce Market Committee (APMC) in Manwat, located in the Parbhani district of Maharashtra. Cotton prices at the market have shown a consistent upward trend. On Thursday (November 12), the maximum price for cotton reached ₹9,600 per quintal, with a total arrival of 1,200 quintals. The minimum price recorded was ₹9,410, while the average price stood at ₹9,500 per quintal.The procurement of cotton through open auctions began on Tuesday (November 10)—coinciding with Diwali Padwa—at the Chhatrapati Shivaji Maharaj Market Yard in Manwat. On the first day, approximately 1,500 quintals of cotton arrived at the market, with prices ranging from a minimum of ₹9,260 to a maximum of ₹9,460, and an average of ₹9,340 per quintal.On Wednesday (November 11), about 1,000 quintals of cotton arrived at the market. The prices recorded that day were a minimum of ₹9,340, a maximum of ₹9,510, and an average of ₹9,420 per quintal. Consequently, over the course of three days, the maximum price of cotton increased from ₹9,460 to ₹9,600 per quintal, while the average price rose from ₹9,340 to ₹9,500 per quintal.The auction process was inaugurated by APMC Chairman Pankaj Ambegaonkar. Also present on the occasion were Vice-Chairman Narayan Bhise, directors of the market committee, Acting Secretary Balasaheb Chokhat, Secretary Dattatray Chokhat, along with other officials, traders, and entrepreneurs.During the event, cotton-growing farmers from various villages were felicitated. These individuals included Balbhim Chaure, along with Kailas More from Manwat; Amol Kadam and Shivaji Phulsurge from Arvi; Onkar Tare, Mahadev Raut, and Prabhakar Bhise from Kolha; Santoshrao Nirmal, Rameshwar Kale, and Anil Kale from Sawli; and Mauli Nirmal from Kharba.rrently, cotton picking is underway in the region. According to APMC sources, farmers anticipate a further rise in cotton prices in the coming days. For this reason, rather than selling their produce immediately, they are keeping a close watch on market conditions. Consequently, the arrival of cotton at the market (mandi) remains limited.
Water Shortage Stunts Cotton Growth in Manawar
Friday, 13th Nov. 2026, by Yash Chouhan, (Source: www.smartinfoindia.com)
Water Scarcity Stunts Cotton Plant Growth; Plants in Manawar Reach Only 2–3 Feet; Concerns Over Reduced YieldManawar: The impact of water scarcity in the region is now becoming evident in the cotton crop. A lack of sufficient water has stunted the growth of cotton plants in many farmers' fields, with some plants reaching a height of only 2 to 3 feet. Due to this lack of proper development, there are concerns that cotton yields will be lower this year.Water Shortage Hinders Plant DevelopmentAccording to farmers, a good cotton harvest requires adequate water and favorable growing conditions. This year, the shortage of water has deprived the plants of necessary moisture, hindering their growth. In many fields, the plants have failed to reach their typical height, which is also affecting the amount of cotton they produce.Poorer Crop Compared to Previous YearsFarmers noted that in previous years, cotton plants typically showed robust growth; however, this season, many plants have remained stunted. This stunted development has heightened farmers' concerns regarding the state of the crop, and they are now less optimistic about achieving the expected yield.Reduced Yields Threaten Farmers' IncomeFarmers point out that cotton cultivation involves significant expenditure on seeds, fertilizers, pesticides, and other agricultural operations. Despite these investments, the water shortage has made it unlikely that they will achieve the anticipated harvest. A decline in production could negatively impact farmers' incomes, and many are worried that the low yield might make it difficult to even recover the costs incurred during cultivation.
Cotton Brazil Takes Global Cotton’s Sustainability Role to European Policy Discussions
Friday, 13th Nov. 2026, (Source: www.textilevaluechain.in)
Initiative to engage European policymakers and industry stakeholders in Brussels from 16–18 November, focusing on responsible cotton production, climate resilience and international cooperation. Cotton Brazil will hold a series of engagements in Brussels, Belgium, from 16 to 18 November 2026 to strengthen dialogue with European policymakers and industry stakeholders. The programme will highlight Brazil’s experience in responsible cotton production and explore opportunities for international cooperation on sustainability, climate resilience and natural resource protection.The agenda includes a roundtable at the European Parliament, meetings with Brazilian diplomatic representatives and discussions with agricultural attachés from other natural fibre-producing countries.
European Parliament Roundtable to Discuss Cotton’s Role in Sustainability A key event in the programme, Cotton Brazil Dialogues Brussels, will feature the roundtable titled “The critical role of cotton in Europe’s sustainable ambitions” on 17 November at the European Parliament.Hosted by Member of the European Parliament (MEP) Hélder Sousa Silva and supported by Cotton Brazil, the discussion will bring together cotton producers, industry representatives and European policymakers. It will examine how large-scale agricultural production can contribute to sustainability, climate resilience and natural resource conservation.The discussions come as the European Union moves towards implementing policies and regulatory frameworks that will influence how textiles are produced, sourced, used and reused. Initiatives such as the Circular Economy Act and the EU Bioeconomy Strategy are placing greater attention on circularity, resource efficiency, sustainable materials and responsible sourcing.The roundtable will examine cotton’s contribution to these objectives, including its role across the global agricultural and industrial value chain, as well as its links to international development, rural livelihoods and economic resilience.
“At a time when Europe is translating its sustainability ambitions into concrete policies, it is essential that the voices and experiences of producing countries are part of the conversation. Cotton Brazil Dialogues provides an opportunity to build bridges between producers, policymakers and industry stakeholders, demonstrating how responsible cotton production can contribute to shared sustainability objectives.” Lisa Ventura, Head of International Partnerships at the Brazilian Cotton Growers Association (Abrapa).
Cotton Production, Livelihoods and Climate ResilienceThe roundtable will also highlight cotton as a global common good, examining how large-scale production can be aligned with sustainability objectives.Cotton supports the livelihoods of approximately 100 million families worldwide. According to the United Nations, its extended value chain sustains an estimated 300–350 million jobs across farming, processing, ginning and logistics.Participants will discuss how responsible cotton production can contribute to rural development, food systems and climate resilience, alongside opportunities to improve sustainability practices across the global textile value chain.Brazil’s experience with tropical agricultural systems will form an important part of the discussions. The delegation will share practical experience and evidence on the use of responsible agricultural practices, innovation and traceability to achieve measurable sustainability progress, while acknowledging the different environmental and production conditions across cotton-growing regions.Brazil–EU Engagement and Cooperation on TradeThe delegation will meet H.E. Pedro Miguel da Costa e Silva, Brazilian Ambassador to the European Union, on 17 November. Discussions will address challenges and opportunities for Brazilian commodities in the context of EU policies and explore areas of shared interest.On 18 November, the programme will include meetings with agricultural attachés, followed by a working lunch with representatives of other natural fibre-producing countries. The discussions will focus on European regulatory and commercial challenges, alongside opportunities for cooperation and alignment among producing nations.The agenda will also consider how European sustainability frameworks can promote continuous improvement through transparent, science-based and consistent approaches. Key areas include circularity, traceability and responsible sourcing, as well as recognition of different global production systems and the need for a level playing field across the textile value chain.“With the EU-Mercosur Agreement creating new opportunities to strengthen ties between Brazil and Europe, this is an important moment to deepen cooperation on sustainability and trade. As Europe develops its policy frameworks, it is essential that these are grounded in science, recognise the diversity of global production systems and encourage continuous improvement across the textile value chain,” adds Lisa Ventura.Through its Brussels programme, Cotton Brazil aims to expand engagement with European stakeholders, present Brazil’s experience in combining large-scale cotton production with responsible agricultural practices, and identify further opportunities for cooperation on sustainability, traceability and the future of natural fibres.
