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Cotton Association of India (CAI) has reduced its estimate for the cotton crop in the month of May. The estimate of the cotton crop for 2020-21 has been reduced by 0.4 million.

Cotton Association of India (CAI) has reduced its estimate for the cotton crop in the month of May. The estimate of the cotton crop for 2020-21 has been reduced by 0.4 million.

The USDA has projected India’s cotton production for the upcoming season at 37.8 million bales. The Indian textile industry says a lot of it depends on the southwest monsoon.

By this time cotton sowing is almost over and therefore, in our view the acreage under cotton this year will reach around 110 lakh hectare which will be approximately 10 per cent lower than last year.