Related Keywords: better price realisation by farmers, by seven percent, consumption by textile mills, during the current year, forecast to recover by 2 percent, International cotton advisory committee, likely to see increase in area under cotton, Normal monsoon forecast
A ‘normal’ monsoon forecast and better price realisation by farmers during the current year likely to see increase in area under cotton by 7 percent during the 2017-18 season, according to the International Cotton Advisory Committee.
Also consumption by textile mills is forecast to recover by 2% due to competitive prices for cotton yarn products, capacity expansion, and the resolution of adverse impact caused by demonetisation.
