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Organization = Millwala, Quality = J-34-R/G, Quantity = 90, State = Rajasthan, Station = Hanumangarh, Price = 4550 Per MAUND, Date = 14-07-2014 15:02:21, Action = Buy                        Organization = Durgesh Impex, Quality = J-34-R/G, Quantity = 450, State = Rajasthan, Station = Hanumangarh, Price = 4545 Per MAUND, Date = 14-07-2014 15:01:41, Action = Buy                        Organization = Millwala, Quality = J-34-R/G, Quantity = 110, State = Punjab, Station = Fazilka, Price = 4625 Per MAUND, Date = 14-07-2014 15:01:05, Action = Buy                        Organization = Locals, Quality = J-34-R/G, Quantity = 165, State = Punjab, Station = Fazilka, Price = 4630 Per MAUND, Date = 14-07-2014 15:00:38, Action = Buy                        Organization = Gherulal Balchand, Quality = J-34-R/G, Quantity = 110, State = Punjab, Station = Abohar, Price = 4615 Per MAUND, Date = 14-07-2014 14:58:28, Action = Buy                        Organization = Tayal Sons, Quality = J-34-R/G, Quantity = 110, State = Punjab, Station = Lehragaga, Price = 4681 Per MAUND, Date = 14-07-2014 14:57:58, Action = Buy                        Organization = Tayal Sons, Quality = J-34-R/G, Quantity = 165, State = Punjab, Station = Lehragaga, Price = 4700 Per MAUND, Date = 14-07-2014 14:57:32, Action = Buy                        Organization = Tayal Sons, Quality = J-34-R/G, Quantity = 90, State = Rajasthan, Station = Pilibangan, Price = 4570 Per MAUND, Date = 11-07-2014 14:42:05, Action = Buy                        Organization = Kamal Cotton Traders, Quality = J-34-R/G, Quantity = 90, State = Rajasthan, Station = Pilibangan, Price = 4600 Per MAUND, Date = 11-07-2014 14:41:30, Action = Buy                        Organization = Rathi Ind., Quality = J-34-R/G, Quantity = 90, State = Rajasthan, Station = Sri Ganganagar, Price = 4525 Per MAUND, Date = 11-07-2014 14:41:01, Action = Buy                        Organization = Millwala, Quality = J-34-R/G, Quantity = 90, State = Rajasthan, Station = Hanumangarh, Price = 4615 Per MAUND, Date = 11-07-2014 14:40:26, Action = Buy                        Organization = Durgesh Impex, Quality = J-34-R/G, Quantity = 90, State = Rajasthan, Station = Hanumangarh, Price = 4605 Per MAUND, Date = 11-07-2014 14:39:58, Action = Buy                        Organization = Durgesh Impex, Quality = J-34-R/G, Quantity = 270, State = Rajasthan, Station = Hanumangarh, Price = 4615 Per MAUND, Date = 11-07-2014 14:39:34, Action = Buy                        Organization = Vinay Corporation, Quality = J-34-R/G, Quantity = 180, State = Rajasthan, Station = Hanumangarh, Price = 4625 Per MAUND, Date = 11-07-2014 14:39:06, Action = Buy                        Organization = Millwala, Quality = J-34-R/G, Quantity = 165, State = Punjab, Station = Fazilka, Price = 4680 Per MAUND, Date = 11-07-2014 14:38:41, Action = Buy                        Organization = Millwala, Quality = J-34-R/G, Quantity = 220, State = Punjab, Station = Fazilka, Price = 4677 Per MAUND, Date = 11-07-2014 14:38:17, Action = Buy                        Organization = Millwala, Quality = J-34-R/G, Quantity = 55, State = Punjab, Station = Abohar, Price = 4668 Per MAUND, Date = 11-07-2014 14:37:47, Action = Buy                        Organization = S.B. & Sons, Quality = J-34-R/G, Quantity = 110, State = Punjab, Station = Lehragaga, Price = 4723 Per MAUND, Date = 11-07-2014 14:37:25, Action = Buy                        Organization = Millwala, Quality = J-34-R/G, Quantity = 180, State = Haryana, Station = Adampur, Price = 4630 Per MAUND, Date = 10-07-2014 13:23:00, Action = Buy                        Organization = Rathi Ind., Quality = J-34-R/G, Quantity = 360, State = Haryana, Station = Adampur, Price = 4642 Per MAUND, Date = 10-07-2014 13:22:36, Action = Buy                        Organization = Gherulal Balchand, Quality = J-34-R/G, Quantity = 55, State = Punjab, Station = Abohar, Price = 4681 Per MAUND, Date = 10-07-2014 13:21:53, Action = Buy                        Organization = Millwala, Quality = J-34-R/G, Quantity = 220, State = Punjab, Station = Abohar, Price = 4681 Per MAUND, Date = 10-07-2014 13:20:57, Action = Buy                        Organization = Millwala, Quality = J-34-R/G, Quantity = 110, State = Punjab, Station = Abohar, Price = 4690 Per MAUND, Date = 10-07-2014 13:20:26, Action = Buy                        Organization = Millwala, Quality = J-34-R/G, Quantity = 220, State = Punjab, Station = Lehragaga, Price = 4623 Per MAUND, Date = 10-07-2014 13:20:04, Action = Buy                        Organization = P.D.Cotton, Quality = J-34-R/G, Quantity = 270, State = Rajasthan, Station = Pilibangan, Price = 4600.- Per MAUND, Date = 09-07-2014 14:09:56, Action = Buy                        Organization = Vinay Corporation, Quality = J-34-R/G, Quantity = 180, State = Haryana, Station = Dabwali, Price = 4600 Per MAUND, Date = 09-07-2014 14:09:09, Action = Buy                        Organization = Rathi Ind., Quality = J-34-R/G, Quantity = 180, State = Haryana, Station = Adampur, Price = 4650 Per MAUND, Date = 09-07-2014 14:08:38, Action = Buy                        Organization = Rathi Ind., Quality = J-34-R/G, Quantity = 1350, State = Haryana, Station = Adampur, Price = 4640 Per MAUND, Date = 09-07-2014 14:08:06, Action = Buy                        Organization = Millwala, Quality = J-34-R/G, Quantity = 110, State = Punjab, Station = Jaitu, Price = 4705 Per MAUND, Date = 09-07-2014 14:03:58, Action = Buy                        Organization = Millwala, Quality = J-34-R/G, Quantity = 110, State = Punjab, Station = Abohar, Price = 4690 Per MAUND, Date = 09-07-2014 14:03:27, Action = Buy                        
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About NICA INDIA

ABOUT NICA

On 5th May, 1962, was born Punjab Cotton Merchant Association Ltd., Which later on came to be Known as the much celebrated- The Northern India Cotton Association Ltd. (NICA), Bathinda.

Lt. Shri. V.S. Kapur was the founder President of this magnanimous association, while Lt. Shri. Hukum Chand Gupta was chosen as the Vice President. Other worthy Directors of the association included: Lt. Shri. KeshoNathKhurana, Lt. Shri. Mathura DassAhuja, Lt. Shri. Shiv Narayan Sharma, Lt. Shri. Avinash Chandra Setia and Lt. Shri. Jayantilal P. Bhatt.

Some starry glimpses from the golden history of The Northern India Cotton Association (NICA) can be summed up as follows:

  • Association’s embarked upon its journey from a office, housed in a rented building at DevSamajChowk, Bathinda.

  • From 18th November 1963 onwards, the Association started publishing the ‘Daily Cotton Market Report’.

  • It was on 10th October, 1973 onwards, that Association moved in to it’s own private periphery, situated in Gali No. 6, NaiBasti, Bathinda. Inauguration of which was commemorated by worthy Mr. M.K.Mohta, M.P., Managing Director- M/s Shree Bhawani Cotton Mills Ltd., Abohar. Since then the association is performing its activities from the very same place.

  • The Forward Contracts (Regulation) Act 1952 was enacted on 26thDecember, 1952. Under the provision of the said Act, our association was granted permission for NTSD Contract on 20thJanuary, 1973.

  • Forward Market Commission was set up in 1953.

  • Future trading in cotton was banned from 1966-1998.

  • The on 23rd November 1980 The Northern India Cotton Association organized the All India Trade Associations’ Conference at Hotel Sepal, Bathinda.

  • The Northern India Cotton Association organized the second All India Trade Associations’ Conference at Hotel Sepal Bathinda on 26th December, 1996, which was presided over by Mr. Sajjan Kumar Jakhar, honorable minister for Cooperation & Irrigation Government of Punjab.

  • In 2004-05, with a view to motivate Ginners to improve upon the quality of Ginning, the Board of Directors, decided to honor Three Best Ginner’s every year across the states of Punjab, Haryana and Upper Rajasthan.

  • On 6th Jan 2006 The Northern India Cotton Association organized the All India Trade Associations’ Conference at Hotel Sepal, Bathinda.

  • Celebrating 2012-13 as Golden Jubilee year of our NICAL by holding seminar.


NICA – A unique organization, with members spread across the major sectors including Ginners, Traders, Exporters, Textile Mills and Brokers and all others associated with cotton trade. It has played a notable part not only in the development of cotton marketing in Northern India, but also in the service of the cotton economy and the textiles industry of the country.

At present NICA’s, Board of Directors is comprised of six members From Commission Agents/Trade Panel, three members each from Exporters Panel, Textiles Mills’ Panel and Ginners’ Panel.

One Associate Directors hails from the Brokers’ Panel, while two Directors are Co-opted.

Panel wise strength of Current members is given as under:

Commission Agents – 152

Ginners – 111

Exporters – 32

Textiles Mills – 87

Brokers - 114

 

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