cotton industry, COTTON PRICE
Cotton Seeds Sales Might Top 13MH This Year
Published on
The cotton sector is expected to have a strong year because to high prices for the fibre that farmers got in the previous two growing seasons, which would be helped by a typical monsoon as forecast by the Indian Meteorological Department (IMD). "Due to lesser production, cotton is in high demand, thus everyone is optimistic about this year. Ram Kaundinya, Director-General of the Federation of Seed sector of India (FSII), stated that the local textile sector has increased its need for cotton. According to him, demand for cottonseeds could increase from 4.2 crore packets last season to 4.8–4.9 crore packets (of 450 gm each) this season.