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India's cotton exports jump 137% in Oct-March 2023-24 season at 18 lakh bales thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.
India's Cotton Exports Surge To Two-Year High Amid Global Price Rally menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
In February, Indian traders signed contracts to export 400,000 bales (68,000 metric tons) of cotton - the highest since February 2022 - mainly to China, Bangladesh and Vietnam, traders said. ....
A few days back, Atul Ganatra, president of the Cotton Association of India, presented a grim scenario of the crop s prospects in the 2024-25 season that starts in October.
Addressing the association s annual general meeting, Ganatra said the area under the crop could go down by at least 10 per cent in the coming season due to falling yields and realisation, leading to farmers losing interest.
The fear of a decline in acreage comes against the backdrop of India s cotton production probably falling to its lowest in a decade, according to estimates. ....
India s cotton production for 2023-24 has hit a 15-year low, reaching 294.10 lakh bales, a decline of 8% from the previous year, according to trade body Cotton Association of India. Atul Ganatra, president of the trade body, attributed this drop to outdated BT cotton seeds, unpredictable weather, and pest-related issues. ....