CCI procures 33 lakh bales of seed cotton; future purchases in doubt
03 Mar '24
2 min read
Pic: Adobe Stock
Insights
Cotton Corporation of India has procured **3** lakh bales of seed cotton in the 2023-24 season, mostly from Telangana.
Despite low prices initially, it struggled to meet demand due to prices exceeding the minimum support price (MSP).
Limited procurement from Rajasthan was due to poor quality, while Gujarat and Maharashtra faced consistently high prices.
Cotton Corporation of India has procured ** lakh bales of seed cotton in the ****-** season, mostly from Telangana.
Despite low prices initially, it struggled to meet demand due to prices exceeding the minimum support price (MSP).
Limited procurement from Rajasthan was due to poor quality, while Gujarat and Maharashtra faced consistently high prices.
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