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Revival of rains brings tidings of good cotton crop

01
Sep '09
Till a few days back all the stake holders connected to the cotton industry in India were keeping their fingers crossed due to the paucity of rains in the main cotton growing regions of Andhra Pradesh, Karnataka, Maharashtra and Gujarat.

But the recent revival of rains in the last few days has brought hopes on the cotton farmers as well as of those involved in the trade of a bumper crop. Recently the Cotton Advisory Board too had announced that output will be in line with projections.

Infact as per estimates the total area under cotton cultivation has moved up from 9.41 million hectares in the previous year to 9.65 million hectares in the current cotton year and production is expected to be marginally from that of last year.

Against production of 30.7 million bales (1 bale=170 kg) in the last cotton season, output in this year is expected to touch 30.5 million bales. Farmers have enthusiastically sowed cotton this year due to the hike in Minimum Support Price implemented in 2008.

Fibre2fashion spoke to Mr Arun Dalal, an Ahmedabad based cotton trader of repute who said, “land area for sowing cotton crop would be more but yield would be less and crop condition in Southern states is better than in Gujarat”.

He added by saying, “After mid-January 2010, demand for cotton will also increase, because production of cotton is expected to be less and consumption will more all across the globe”.

Fibre2fashion News Desk - India


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