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World market likely to witness a marked increase in cotton production

Related Keywords: aggregate area planted to cotton, already signalled intention to plant more, Area coverage, going by current pace, Indian cotton growers, sharply up this time, the world market is likely to witness a marked increase in cotton production, Under India’s lead

Indian cotton growers have already signalled their intention to plant more. Area coverage as of June 2 was 12.2 lakh hectares, sharply up from 9.4 lakh hectares this time last year. The aggregate area planted to cotton may well test 120 lakh hectares, going by the current pace. Under India’s lead, the world market is likely to witness a marked increase in cotton production in 2017-18 with higher output anticipated in major origins such as China, US, Pakistan and Brazil.

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