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Commodity profile - COTTON CAKE AKOLA
Botanical Name
General characterstics
The cottonseed cake is the residue left from the extraction of oil from the
Growing season  
Fertilizer application N(kg/hec) P(kg/hec) K(Kg/hec)
  - - -
Harvesting season  
Uses
Cotton is used to make a number of textile products such as terrycloth, denim and T-shirts. In addition to the textile industry, cotton is used in fishnets, coffee filters, tents, gunpowder and in bookbinding.
The cottonseed which remains after the cotton is ginned is used to produce cottonseed oil, which after refining can be consumed by humans like any other vegetable oil. The cottonseed meal that is left is generally fed to livestock. In the past, cotton seeds were used as an abortifacient, that is, a folk remedy to induce abortion.
Market moving factor
1.The cotton crop is highly volatile and climate sensitive. So cotton production varies according to climatic conditions and crop situation. Cotton crop follows the crop cycle and prices starts firming up from April, while they ease only in September on new crop arrival in the market.
2.A Minimum Support Price is set by the Government of India to support cotton prices. Several government agencies like Cotton Corporation of India and Maharashtra State Co-operative Cotton Growers' Marketing Federation procure cotton at this price. While the price trend is initially set by the MSP, big industry cartels later determine price direction.
3.Imports and exports play a significant role in determining price.
 
 
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