The Committee on Cotton Production and Consumption expects the current year’s production to be 36 million bales, lower than last year’s estimate of 365 lakh bales. This dip is owing to the spread and impact of COVID-19.
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Demand, trade war and global economic scenario are all playing its part in the weak cotton market.
The Cotton Corporation of India Limited (CCI) has started preparations to enter Punjab after four years to procure cotton.
Agarwal’s supplier, who manufactures 600,000 square meters of fabric per day is hoped to consume about 500,000 bales of United States’ cotton this year.
Timely and effective communication is vital for the industry. As the global cotton sector is under tremendous pressure in terms of demand and price levels…
Trade war and India’s lowered cotton output are enablers for new market opportunities for United States’ cotton in India.
The Cotton Association of India (CAI) has released its March estimate of the cotton crop for the season 2018-19 beginning from 1st October 2018.