Fashion
India set for record cotton procurement as prices stay weak
Although cotton acreage in the country has declined for the 2025–26 season, other factors are likely to push government procurement even higher. According to the Ministry of Agriculture, cotton acreage stood at 109.90 lakh hectares as of last Friday, down from 112.76 lakh hectares a year ago. Sowing has been completed, so this is the final acreage figure. The area was 123.71 lakh hectares in 2023–24 and averaged 129.50 lakh hectares over the past five years.
India is preparing for record cotton procurement for the second year in a row as prices remain below MSP, driving farmers to CCI centers.
Procurement begins October 1 in northern states, followed by central and southern belts later in the month.
CCI faces large carryover stocks of 62–65 lakh bales but will buy without quantity limits if prices stay weak, ensuring MSP support for farmers.
CCI is preparing to launch its annual procurement operations for seed cotton (kapas) under the MSP scheme for the 2025–26 season. The Ministry of Textiles confirmed that procurement will roll out in a phased manner beginning in October.
The first phase will start on October 1 in the northern states of Punjab, Haryana, Rajasthan, and parts of western Uttar Pradesh, where the harvest typically begins earliest. Procurement centres in these states are already being readied. In Punjab, some farmers have even started bringing cotton to mandis, and private trade is underway ahead of the official procurement schedule.
Central states—Maharashtra, Madhya Pradesh, and Gujarat—will follow next, with operations expected to begin on October 15, coinciding with peak arrivals. These three states account for the largest share of India’s cotton acreage, and CCI has announced that an extensive network of procurement centres will be set up to ensure MSP coverage. The final phase will cover the southern states—Telangana, Andhra Pradesh, Karnataka, and Tamil Nadu—where procurement is likely to begin around October 21.
Officials from the Ministry of Textiles emphasised that procurement will be undertaken without any quantitative ceiling—CCI will buy as much kapas as farmers bring, provided market prices remain below MSP. If prices stay higher, the agency will restrict itself to commercial purchases.
Record procurement is expected once again in the upcoming season. New arrivals in northern states have already pushed prices down by around 5–6 per cent over the past two weeks, with arrivals starting mid-September.
Market sources noted that the government has allowed duty-free cotton imports until the end of December 2025. CCI and traders, however, are struggling to offload last season’s cotton due to large carryover stocks. Market estimates suggest that 62–65 lakh bales will remain as closing stock this season, most of which are with CCI. Clearing this inventory is necessary to free up warehouse space for the new crop.
Traders believe there is little chance of price stability given sluggish consumption, especially after the imposition of 50 per cent US tariffs. Lower cotton prices in the open market are expected to force farmers to sell to CCI. The government has fixed the MSP for seed cotton (kapas) at ₹7,710 (Approx. $86.94) per quintal for 2025–26, up 8.27 per cent from last year’s MSP. Meanwhile, seed cotton is currently trading at ₹6,000–7,000 (Approx. $67.66-78.94) per quintal in north Indian markets as CCI’s purchase operations are yet to begin.
Fibre2Fashion News Desk (KUL)
Translated by
Nazia BIBI KEENOO
Published
September 26, 2025
After days of leaden skies and heavy rain, the sun finally returned on Wednesday, September 25, casting a warm glow over Milan Fashion Week. The change in weather provided a fitting backdrop for Hogan’s “Summer in the City” collection, revealed inside the brand’s showroom, which was transformed into a vibrant oasis of brightly colored plants and flowers.
Among the highlights for the upcoming summer season, characterized by an urban-chic spirit, is the return of the Hogan Athletic, a slim, contemporary reinterpretation of sprinter sneakers that strikes a balance between sporty flair and retro elegance.
There are also cup-sole styles, with lines reminiscent of skate shoes, in nappa leather with pop-red accents, and the Hogan Cool, featuring a high, enveloping sole that pairs a refined upper with a chunky build. Among the bags are the Script Address logo, a versatile shopping bag that transitions seamlessly from the office to aperitifs, and flap bags featuring an “H” clasp.
The Milan showcase was also an opportunity to speak with Hogan’s president, Andrea Della Valle, not only about the new collection but also about his vision for the future of the group, which he runs with his brother Diego and which today is a key player in Italian luxury with the Tod’s, Hogan, Fay, and Roger Vivier brands.
“From my point of view, when you run a company with thousands of employees, you must safeguard it with a long-term vision, to protect them and what has been built with such dedication over the decades. In that respect, Diego and I can also count on the younger generations, who have begun working for the group. My eldest daughter, Allegra, lives in Shanghai and works on the Chinese market, which is strategic for Hogan, while my son Leonardo is at the helm of Schiaparelli (a French haute couture maison acquired by the Della Valle family through a private holding company). Filippo, Diego’s son, is in Tokyo for Tod’s. We practically have a young person on every brand,” explains the vice-chairman of the Tod’s Group. “For us, this is an investment in tomorrow.”
2026 will mark a significant milestone for Hogan—its 40th anniversary—which will also be celebrated with a plan of targeted openings. New flagships are expected in Riyadh and Dubai, while in the United States, a return after more than thirty years is underway. “We were visionaries then, when—going firmly against the trend—we launched the first urban sneaker; today we are continuing a journey that began three decades ago. We will consolidate further, but with caution,” says Andrea Della Valle, also flagging possible collaborations—though only with those who have “a strong history”—and new brand-extension projects.
“The year’s results will close with slight growth, driven mainly by Europe, China, and the Far East, markets that remain central for Hogan,” concludes the Hogan president.
With a vision that blends tradition and innovation, the Tod’s Group, under the leadership of the Della Valle family, thus confirms its growth trajectory—with solidity, new generations, and an increasingly international Made in Italy at the center of its outlook.
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“What excites me about this collection is showing how sports energy translates into streetwear that people want to live in,” said Aleali May. “I designed these pieces to carry the spirit of the game, but in a way that feels effortless and everyday. It’s about creating styles that connect team pride to personal style.”
Pacsun and Aleali May unveiled the second NFL x ALEALI MAY collection, featuring unisex tees and hoodies for 10 NFL teams.
Designed to blend sports energy with streetwear, the line uses oversized silhouettes, heavy cotton, and bold double-sided prints.
The collaboration highlights Pacsun’s goal to fuse fandom, fashion, and identity for Gen Z and beyond.
The unisex collection features graphic tees and hoodies with boxy, oversized silhouettes, thicker cotton fabrications, and a distressed wash on tees. Double-sided prints nod to May’s bold design approach, with the lineup representing ten NFL teams: the Los Angeles Rams, San Francisco 49ers, Las Vegas Raiders, Dallas Cowboys, Philadelphia Eagles, New York Giants, New England Patriots, Pittsburgh Steelers, Baltimore Ravens, and Los Angeles Chargers.
The NFL has grown into more than just a sports league – it’s now a cultural driver with a broad and diverse audience, just like Pacsun’s community. From Gen Z and Gen Alpha to women and men alike, the game holds wide appeal and a strong place in entertainment and pop culture, bringing in elements of art and music. Pacsun’s collaboration with Aleali May taps into this momentum, delivering a collection that blends the passion of NFL fandom with creativity and self-expression through bold, artistic fashion.
“Sports are shaping culture in real time, and Pacsun is here to make sure our community has a voice in that conversation,” said Richard Cox, CMO of Pacsun. “This second collaboration with Aleali May gives fans a way to express identity, celebrate their teams, and see themselves in the culture of the NFL.”
The NFL x ALEALI MAY collection launches today, September 16, exclusively at Pacsun stores and online, with select availability at team retail (in-stadium and online) and NFLShop.com. Now in their sixth year of partnership, Pacsun and the Rams continue to build authentic connections and strengthen ties with the LA community and fans nationwide, reinforcing the brand’s long-term investment in NFL culture. Tees retail for $45 and hoodies for $80, available in sizes S–XL.
By uniting the NFL’s community impact and influence with Aleali May’s design voice, Pacsun is continuing to shape how the next generation expresses identity through fashion and fandom.
Note: The headline, insights, and image of this press release may have been refined by the Fibre2Fashion staff; the rest of the content remains unchanged.
Fibre2Fashion News Desk (RM)
ICE’s most active December 2025 contract settled at 66.17 cents per pound (0.453 kg), down 0.47 cent—its fourth-lowest close of 2025. Other contracts ended 25–49 points lower.
ICE cotton futures fell, with December 2025 settling at 66.17 cents per pound, its fourth-lowest close this year, as a stronger US dollar made cotton costlier for overseas buyers and grain market weakness spilled over.
Oil prices jumped nearly 3 per cent, raising polyester costs and supporting cotton demand.
Traders await USDA’s Weekly Export Report for clarity on export activity.
The dollar gained against the yen, Swiss franc, and euro after Federal Reserve Chair Jerome Powell adopted a cautious stance on further easing. A stronger dollar index makes dollar-denominated cotton futures more expensive for holders of other currencies.
International oil prices climbed nearly 3 per cent on Wednesday, hitting a seven-week high. US crude inventories unexpectedly fell last week, while exports from Iraq, Venezuela, and Russia faced disruptions, raising supply concerns. Higher oil prices have lifted polyester costs, making cotton comparatively more attractive.
Trading volume stood at 25,380 contracts, down from 37,880 the previous day. ICE data showed that as of September 23, deliverable No. 2 cotton futures contract inventory remained unchanged at 15,474 bags.
The market continues to challenge US growers, with cash sales proving difficult for both buyers and sellers. However, buying interest has not disappeared, and inquiries have occasionally picked up. The USDA Weekly Export Report is expected to shed light on export demand.
Market analysts noted that CBOT grain futures are trending lower, with limited buying interest from both fundamental and speculative players. Chicago Board of Trade (CBOT) soybean futures also retreated amid concerns over weak US export demand.
Currently, ICE cotton for December 2025 is trading at 66.17 cents per pound (unchanged), cash cotton at 64.17 cents (down 0.47 cent), the October 2025 contract at 64.04 cents (down 0.49 cent), the March 2026 contract at 68.13 cents (up 0.02 cent), the May 2026 contract at 69.49 cents (up 0.01 cent) and the July 2026 contract at 70.49 cents (down 0.04 cent). A few contracts remained at their previous closing levels, with no trading recorded today.
Fibre2Fashion News Desk (KUL)
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