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As domestic cotton prices rise, yarn prices could rule firm - The Hindu BusinessLine

USDA pegs next season s cotton crop 4% higher, industry keeps its finger crossed

USDA pegs next season’s cotton crop 4% higher, industry keeps its finger crossed May 10, 2021 Natural fibre’s output projected at 378 lakh bales on 5% higher yield The US Department of Agriculture (USDA) has pegged India’s cotton production next season (October 2021 - September 2022) at 378 lakh bales (of 170 kg each), up four per cent from its current season’s estimate of 362.5 lakh bales. But the Indian textile industry feels that it is too early to make any projection, given the vagaries of the South-West Monsoon. In its “Cotton and Products Update”, it said that the higher production would be in view of yield increasing by five per cent as the South-West Monsoon has been forecast to be normal by the India Meteorological Department (IMD).

কমতে পারে ভারতের তুলা উৎপাদন – Business24BD

কমতে পারে ভারতের তুলা উৎপাদন – Business24BD
business24bd.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business24bd.com Daily Mail and Mail on Sunday newspapers.

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