ICF Shankar-6 (Gujarat-Merchant) Analysis: Cotton Fibre Market Trends, Prices & Forecast

TexPro provides pricing information for ICF Shankar-6 (Gujarat-Merchant), covering subproducts such as 28 mm, It offers historical pricing data for up to the last five years. It also provides an accurate price forecast for the next “9/12” months, updated twice a month. The data is collected from our verified primary and secondary data sources.

ICF Shankar-6 (Gujarat-Merchant), 28 mm, Domestic - India (03 Jun 2024 - 30 May 2025)

Overall Trend

The prices of Cotton Fibre (ICF Shankar-6) have been in a decreasing trend from June 2024 to May 2025 in Asia (Domestic India). This trend reflects the broader market dynamics impacting cotton prices, influenced by factors such as supply chain disruptions, changes in demand from the apparel sector, and fluctuations in global cotton production.

Price Trend

The prices of Cotton Fibre (ICF Shankar-6) have decreased by 5.79% from June 2024 to May 2025 in Asia (Domestic India). This decline is indicative of a challenging market environment where demand has not kept pace with supply, leading to downward pressure on prices.
The average month-on-month percentage change has been -0.50% for Asia (Domestic India) during the same period, highlighting a consistent decline in prices over the months.
The highest percentage increase of 4.19% was reported in September 2024, suggesting a temporary spike possibly due to seasonal demand or supply constraints. Conversely, the highest percentage decrease of -5.03% was reported in October 2024, indicating a significant drop in market prices, likely influenced by oversupply or reduced demand.
The average price for Asia (Domestic India) in 2024 was 1.89 USD/kg, which has decreased by 7.72% to 1.744 USD/kg in 2025, reflecting a CAGR of -7.72% from 2024 to 2025.

Price Range

The average price from June 2024 to May 2025 for Asia (Domestic India) was 1.83 USD/kg, indicating that the prices have fluctuated around this average. The range between average and minimum price is 0.12 USD/kg and that of between maximum and average price is 0.16 USD/kg, indicating a higher range above average price. The maximum and minimum prices reported for Asia (Domestic India) were 1.99 USD/kg and 1.71 USD/kg, respectively, showing a price range of 0.28 USD/kg.
The price dynamics suggest that while there is some stability around the mean price, the fluctuations indicate a market that is sensitive to external factors such as weather conditions affecting cotton yield and global economic conditions impacting demand.

Volatility

The standard deviation in Asia (Domestic India) prices was 0.09 USD/kg, indicating low volatility in prices. This suggests that while there are fluctuations, they are not extreme, allowing for some predictability in pricing for manufacturers and retailers.
The prices for Asia (Domestic India) traded at a moving average premium of 2.97% and at a moving average discount of -5.07% from the moving average price during the same period. This indicates that while prices occasionally exceed the average, there are also periods where they fall below the average, reflecting the market's responsiveness to supply and demand shifts.

In summary, the analysis of Cotton Fibre (ICF Shankar-6) prices in Asia (Domestic India) reveals a market in transition, characterized by a downward trend influenced by various economic factors. The insights drawn from the price trends, ranges, and volatility provide a comprehensive understanding of the current market landscape, crucial for stakeholders in the textile industry.

Trend Report

The average price of ICF Shankar-6 (Gujarat-Merchant) has increased by 1.97% in the month of May 2025 as compared to April 2025. The price of ICF Shankar-6 (Gujarat-Merchant) has been above its last six months average price by 2.40%. The price of ICF Shankar-6 (Gujarat-Merchant) has reduced by a CAGR of -0.55% in last one year. The price of ICF Shankar-6 (Gujarat-Merchant) in the month of May 2025 has decreased by -7.43% as compared to the same month last year.

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ICF Shankar-6 (Gujarat-Merchant) – Market Overview & Industry Significance

Shankar-6 is one of India's most popular and commercially grown cotton varieties, primarily in Gujarat, one of the top cotton producing states in the country. The 28mm staple length variety is popular due to its uniform quality and robust fiber strength and thus it finds pride of place in Indian domestic cotton trade. With the price direction from the Indian Cotton Federation (ICF), this variety is used not just in Indian textile manufacturing but also in other Asian markets.

Gujarat's Shankar-6 cotton is renowned for its bright, white color and low trash content, which makes it ideal for the manufacture of medium to high-count yarns. The 28mm staple length offers a balance between strength and flexibility, making it well-suited for a broad range of textile applications, such as casual wear, bed linen, and general home textiles. Gujarat's highly developed ginning infrastructure, combined with well-established supply chains, guarantees that Shankar-6 is able to uphold its reputation for quality and availability.

The cotton is grown in an area of 4.4 million acres in Gujarat, where semi-arid climates, efficient irrigation networks, and familiarity with the crop by farmers lead to regularly good harvests. The cotton has established a reputation for being fair trade and high yielding, enhancing its popularity among textile manufacturers.

TexPro follows the domestic price movements of ICF Shankar-6 with detailed historical records, real-time market intelligence, and future expectations. This gives textile manufacturers and traders the capability to make the right sourcing choices based on the season, domestic demand, and other market factors.

With historically stable prices, Shankar-6 28mm staple length cotton has emerged as a reliable choice for textile producers across Asia. It continues to be relied upon for garments, home furnishings, and industrial clothes production.