NAFED TO SHED OFF THEIR PROCURED COTTON AT LOWER RATE
Posted by Dhaval Ved on Friday, June 19, 2009
VERY VERY URGENT ABTO JAGO GIN PRESS WALO
PASS ON TO ALL THE GINNING PRESSING UNIT AND THINK ABOUT IT FROM NOW FOR THE NEXT COMMING SEASON
MY ONLY VIEWS
read today the nafed has lowered the cotton pricess at low price as good as throw away prices
they say that it has procured cotton at 3000- per qntl and the prewailing rate is 2200-per qntl
no not atall the pricess at the market yards u read TODAY is highest is 3100-per qntl TODAY AND LOWER
TODAY AT ALL MARKET YARD IS 2400-APPROXIMATELY AT MARKET YARD SAURASHTRA
THEY HAVE CLEAVERLY COMPARED IT WITH OTHER AGENCY CCI .
SITUATION OF CCI AT THAT TIME WHEN THEY SOLD COTTON BALES WAS A DIFFERENT ONE THEY SOLD THEIR COTTON BALES AT THE PREVAILING RATE OF MARKET AT THAT TIME.
HERE THE CASE IS DIFFERENT ONE - THE PREVAILING MARKT RATE IN THE MARKET TODAY IS 23300-TO-23500- PER CANDY IN THE MARKET
WHAT EVER THE RATE SOLD BY THE AGENCY LOWER THAN THIS WILL BE NOT FARE
AS THE GINNING PRESSING UNITS ALSO HAVE THE STOCK OF COTON =THEY SHOULD BE ALSO TAKEN IN TO CONSIDERATION AND FIX SELLING PRICE
GOVT ALSO SHOULD HAVE SOME NORMS ,RULES ,ACTS,REGULATIONS ON THE AGENCIES THAT NO AGENCIES SHOULD SELL OFF THEIR PROCURED COMMODITY AT THE PRICE LOWER THAN THEIR PROCURED PRICE
THE ABOVE NORMS WILL HAVE A CHECK ON THE AGENCIES IN MANY WAYS
SELLING OFF AT AN HESSITATION DROP PRICE LOWER THAN THEIR PROCURED PRICE IS GREAT LOSS TO THE GINNING PRESSING UNITS AS A WHOLE TO NATION ALSO. WHO HAS INVESTED CRORES OF MONEY
SO DECISSION SHOULD COME TO AN CONCLUSSION THAT FROM NEXT FORTH COMMING YEAR NO AGENCIES SHOULD BE ALLOWED OR RATHER GRANT PERMISSION AT ANY COST TO ALLOW TO SELL AT THE LOWER PRICE THAN THE PROCURED PRICE
THERE ARE MANY MORE WAYS TO UPLIFT COTTON GROWERS DIRECTLY WHICH WOUD BE GREAT PROFIT TO THE COTTON GROWERS
SO THE NEXT FORTHCOMMING SEASON THE NEW NORMS SHOULD BE FIXEDAND THE COST PRICE OF THE FINISHED COTTON BALE OCCURED SHOULD BE DISCLOSED TO THE PUBLIC WHICH WOULD BE ADVANTAGIOUS TO ALL AS A WHOLE WHO ARE RELATED TO COTTON AND COTOON BUSINESS AND LESS BURDON ON THE GOVERNMENT IN THE FORM OF GRANT AND CF LOSS
nafed in their sight they show profit till 2005-2006 and from 2006 -2007 there is a great upward graph of loss in thousands of crores and i donot know what is going to happen in 2008-09 and further 2009-10 just immagine the loss which noone can tolerate and base such great loss each year s
so govt should be alert and think of some other alternative to grant grant to the cotton growers and those who are related to cotton as a whole
they say that it has procured cotton at 3000- per qntl and the prewailing rate is 2200-per qntl
no not atall the pricess at the market yards u read TODAY is highest is 3100-per qntl TODAY AND LOWER
TODAY AT ALL MARKET YARD IS 2400-APPROXIMATELY AT MARKET YARD SAURASHTRA
THEY HAVE CLEAVERLY COMPARED IT WITH OTHER AGENCY CCI .
SITUATION OF CCI AT THAT TIME WHEN THEY SOLD COTTON BALES WAS A DIFFERENT ONE THEY SOLD THEIR COTTON BALES AT THE PREVAILING RATE OF MARKET AT THAT TIME.
HERE THE CASE IS DIFFERENT ONE - THE PREVAILING MARKT RATE IN THE MARKET TODAY IS 23300-TO-23500- PER CANDY IN THE MARKET
WHAT EVER THE RATE SOLD BY THE AGENCY LOWER THAN THIS WILL BE NOT FARE
AS THE GINNING PRESSING UNITS ALSO HAVE THE STOCK OF COTON =THEY SHOULD BE ALSO TAKEN IN TO CONSIDERATION AND FIX SELLING PRICE
GOVT ALSO SHOULD HAVE SOME NORMS ,RULES ,ACTS,REGULATIONS ON THE AGENCIES THAT NO AGENCIES SHOULD SELL OFF THEIR PROCURED COMMODITY AT THE PRICE LOWER THAN THEIR PROCURED PRICE
THE ABOVE NORMS WILL HAVE A CHECK ON THE AGENCIES IN MANY WAYS
SELLING OFF AT AN HESSITATION DROP PRICE LOWER THAN THEIR PROCURED PRICE IS GREAT LOSS TO THE GINNING PRESSING UNITS AS A WHOLE TO NATION ALSO. WHO HAS INVESTED CRORES OF MONEY
SO DECISSION SHOULD COME TO AN CONCLUSSION THAT FROM NEXT FORTH COMMING YEAR NO AGENCIES SHOULD BE ALLOWED OR RATHER GRANT PERMISSION AT ANY COST TO ALLOW TO SELL AT THE LOWER PRICE THAN THE PROCURED PRICE
THERE ARE MANY MORE WAYS TO UPLIFT COTTON GROWERS DIRECTLY WHICH WOUD BE GREAT PROFIT TO THE COTTON GROWERS
SO THE NEXT FORTHCOMMING SEASON THE NEW NORMS SHOULD BE FIXEDAND THE COST PRICE OF THE FINISHED COTTON BALE OCCURED SHOULD BE DISCLOSED TO THE PUBLIC WHICH WOULD BE ADVANTAGIOUS TO ALL AS A WHOLE WHO ARE RELATED TO COTTON AND COTOON BUSINESS AND LESS BURDON ON THE GOVERNMENT IN THE FORM OF GRANT AND CF LOSS
nafed in their sight they show profit till 2005-2006 and from 2006 -2007 there is a great upward graph of loss in thousands of crores and i donot know what is going to happen in 2008-09 and further 2009-10 just immagine the loss which noone can tolerate and base such great loss each year s
so govt should be alert and think of some other alternative to grant grant to the cotton growers and those who are related to cotton as a whole