Global cotton prices fell in the last few weeks. Correspondingly, Indian cotton prices too dipped but albeit at a slower pace. The May cotton futures contract on ICE, which touched a high of 101.80 cents per pound on February 28 had eased to 83 cents per pound in the second week of April or
Cotton Association of India (CAI) released its April estimate of the cotton crop for the season 2022-23 beginning from 1st October 2022. The CAI has reduced its cotton crop estimate for the 2022-23 season to 298.35 lakh bales of 170 kgs each. This estimate has been arrived at by the Crop Committee of the Association […]