For the first time in six years, the cultivated area for cotton in Punjab during this Kharif season has crossed the mark of 3 Lakh hectares. This marks an increase of 17% as compared to 2020.
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The consumption of cotton will be more than its supply in 2021, according to the report by IndexBox. This will cause a high price of cotton and a reduction in the global cotton stock.
The consumption of cotton will be more than its supply in 2021, according to the report by IndexBox. This will cause a high price of cotton and a reduction in the global cotton stock.
According to a circular economy group, Bangladesh’s garment industry is able to reduce its spending by half a billion dollar by recycling cotton waste generated by fabric mills and factories.
According to a circular economy group, Bangladesh’s garment industry is able to reduce its spending by half a billion dollar by recycling cotton waste generated by fabric mills and factories.
Even after the disruptions caused due to the lockdown, cotton prices are trading at all-time highs. This is because the demand for cotton has been strong and the Indian mills are holding more than 100 days of inventory.
Even after the disruptions caused due to the lockdown, cotton prices are trading at all-time highs. This is because the demand for cotton has been strong and the Indian mills are holding more than 100 days of inventory.