Home breadcru News breadcru Market Intelligence breadcru  | India cotton production to decline to 295L bales, may touch 15-yr low

Prime Content | 
India cotton production to decline to 295L bales, may touch 15-yr low

01 Nov '23
2 min read
Pic: Adobe Stock
Pic: Adobe Stock

Insights

  • CAI forecasts a *.*% decline in cotton production for the 2023-24 season, marking the lowest yield since 2008-09.
  • The estimate of ****.* lakh bales falls short of the government's projection and last year's ****.* lakh bales.
  • Factors such as a *.*% decrease in cultivated area and poor weather conditions contribute to the drop.

This estimate indicates a *.** per cent reduction from the ***.* lakh bales produced in the ****-** marketing season, falling short of the government&#**;s projection of ***.* lakh bales for ****-**.  

According to the CAI&#**;s initial assessment, this represents the lowest cotton yield in India since the ****-** season. The decline is attributed to a *.* per cent decrease in total cultivated area and an anticipated yield drop of up to ** per cent, due to unfavourable weather conditions associated with El Nino. 

Get Free Weekly Market Insights Newsletter

Receive daily prices and market insights straight to your inbox. Subscribe to AlchemPro Weekly!