CAI lowers cotton crop estimate to 330.50 lakh bales for 2022-23 season

Synopsis Except for Gujarat, where the output is likely to remain flat, the cotton-growing states are expected to witness a decline in production, the CAI added. The total cotton supply in October-December 2022 is estimated at 116.27 lakh bales, which consists of the arrivals of 80.13 lakh bales, imports of 4.25 lakh bales and the […]

India’s cotton exports stall as farmers delay sales hoping for higher prices

Synopsis “Harvesting of the new crop started last month, but many farmers are not willing to sell. They are holding crop hoping prices would rise like the last season,” said Atul Ganatra, president of the Cotton Association of India (CAI). Indian traders are struggling to export cotton despite higher production as farmers are delaying sale […]