Related Keywords: cotton crop, current fiscal, demand for cotton, especially by mills, farmers, fetch relatively higher prices, higher output, increase acreage under cotton, International cotton advisory committee, rising and result in consistent fall in year-end stocks of cotton, sustain remuneration levels
With cotton crop able to fetch relatively higher prices in 2016-17 and is expected to sustain remuneration levels in the current fiscal as demand for cotton, especially by mills, is also rising and is likely to result in a consistent fall in year-end stocks of cotton, according to the International Cotton Advisory Committee (ICAC). Farmers are likely to increase acreage under cotton, resulting in higher output going forward.
