Topic
oil year
Commodities India's 2026-27 cotton carry-forward stocks seen 42% higher at 85 lakh bales on import surge
India's cotton carry-forward stocks at the start of the 2026-27 season are projected to rise 42% to over 85 lakh bales, driven by higher imports following the government's import duty exemption. The Cotton Association of India (CAI) reports imports of 43.5 lakh bales by end-May 2026, with total imports expected to reach 60-65 lakh bales. Despite price parity, textile mills prefer imported cotton due to 4% higher yarn realisation and a ₹7/kg premium on yarn.
Commodities India’s Soyabean Imports May Touch Record 9 Lakh Tonnes for Oil Year 2025-26
India’s soyabean imports are projected to hit a record 9 lakh tonnes in the 2025-26 oil year, driven by a domestic supply shortfall. The Soyabean Processors Association of India (SOPA) raised its forecast from an earlier estimate of 6 lakh tonnes, with imports from sub-Saharan Africa filling the gap. Domestic production fell 14% due to weather, pushing soyameal prices up 40% and impacting the feed sector.