India Cotton But Its Growth Rate Per Unit Area Slowed Down Compared With The Previous 10 Years.

< p > A Research Report by Gherzi, a consultancy based in Zurich, said that in the past 10 years, the competitiveness of India cotton < a target= "_blank" href= "http://www.91se91.com/" > textile > /a > compared to six rival countries (including China, Bangladesh and Thailand) increased. The latest US Department of Agriculture report pointed out that in the first 11 months of this year (up to June), India's cotton exports decreased by 36% to 9 million 140 thousand packs.

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< p > from August to July cotton sales year, India's competitiveness in technological upgrading, manufacturing costs and exports increased.

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< p > the US Department of agriculture's preliminary estimate said that by the end of June, India's cotton exports reached 9 million 100 thousand packages (1 packets =170 kg), compared to 13 million 910 thousand packages exported between August and August -7 months.

A report by the food and Agriculture Organization for economic cooperation and development (OECD-FAO) predicts that India will replace China as the world's largest cotton producer by 2022, due to the increase in output in the next 01 years.

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< p > the report says that China's cotton production is expected to decrease by 17%, while India's cotton production is expected to grow by 25%, making India the largest cotton producing country in the world.

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< p > but the growth rate of unit yield is slower than that in the first 10 years, < /p >

< p > according to the statistics of the Federal Ministry of agriculture of India, India cotton production in the 2012-13 crop year (July -6 month) was 33 million 800 thousand packs, slightly lower than last year's 35 million 375 thousand package (India Cotton Association's figure).

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< p > although a slight decrease, the expected output is still rising.

According to most studies, India's cotton consumption will increase more than any other country, not only in terms of output.

When India takes the place of China as the world's largest cotton producer, the competitiveness of the cotton textile industry will be higher and consumption will be further improved.

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P cotton cotton industry has always been faced with a problem is that cotton traders hoarding cotton, causing cotton prices to rise.

Different stakeholders in the cotton industry continue to raise this issue. They hope that India Cotton Corp will put stock into the domestic textile mill.

However, the India Cotton Corp believes that cotton prices in India respond to higher international market prices for most of the time.

If the gap between domestic and foreign cotton prices narrowed, it would be a good omen for farmers.

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< p > prices fell when the sowing time and weather were good.

Analysts and traders said that the progress of seeding in India's cotton producing areas is now good.

The weather is fine.

This could lead to a decline in cotton prices in the next few weeks.

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