Deficient rains likely to lower cotton production and improve prices; positive for yarn manufacturin

Report by IndiaNivesh

Deficient rains likely to lower cotton production and improve prices; positive for yarn manufacturing companies

Cotton growers in Maharashtra, Gujarat and Karnataka are expected to be hit due to a deficit monsoon. If there is no rain in the next 10 days, a drought‐like situation might come about.

The cotton season ends on September 30 and the new one begin on October 1.

With a 10 per cent fall in sowing and a deficit in rain‐fed states, experts estimate a crop of 35…

Deficient rains likely to lower cotton production and improve prices; positive for yarn manufacturin