Cotton production expected to be at 294.10 lakh bales in 2023-24 season: CAI

CottonDelhi mandi

MUMBAI: The Cotton Association of India (CAI) on Thursday retained the cotton production forecast for the 2023-24 season till December at 294.10 lakh bales, the same as the estimates given in the previous month.

Overall production is expected to be lower than the previous season, which was at 318.90 lakh bales, due to inadequate rainfall affecting the crops and infestation of pink ball worms in the northern region, CAI said in a statement.PTI