Cotton Production In India Is Expected To Decline By 7.3% In 2016/17.
The cotton growing area of the world's largest cotton producer, the 2016/17 market in India, is expected to slip to its lowest level in seven years.
India cotton
Output and export.
Outbreak of pests in key cotton producing areas, and weather forecast shows that this year will usher in a good monsoon rainy season, but also prompted farmers to replant sugarcane, peanuts and beans and other crops.
The reduction of India's cotton exports will support international cotton prices. At present, international cotton prices are approaching the highest level since August 2015, stimulating exports of competitors from Brazil, Australia and the United States.
"We expect that the cotton planting area will be reduced by 7%," Dhiren Sheth, chairman of the Cotton Association of India, told reporters in India.
He also said: "farmers will choose to grow beans and peanuts."
7% of the declines made India the next market year in October 1st.
Cotton planting area
Down to about 11 million hectares, the lowest since 2009/10.
The current cotton market in India is 11 million 900 thousand hectares in the current market year.
An exporter named Paresh Valia in banger, Gujarat State, said that two whitefly attacks in the northern states of India, together with a fall in harvest prices, made farmers turn to other crops.
Gujarat is the largest cotton producing area in India.
Most farmers in India will start planting cotton with the advent of the 6 monthly storm, but some of the farmland with irrigation equipment can start sowing as early as May.
The India Meteorological Bureau forecast that the rainfall in India will be higher than the average level in the 6-9 monsoon rainfall season.
Jaydeep Cotton Fibers Pvt Ltd chief executive Chirag Patel said the good wind and rain may make farmers in Maharashtra sow more water hungry sugarcane.
Patel expects cotton production in India to decline by 7.3% to 32 million bales in 2016/17.
Production decline will boost
Cotton prices in India
The India Cotton Advisory Committee (Cotton Advisory Board) expects that the next year's inventory will drop 1/3 to 3 million 500 thousand bales at the beginning of the year.
In recent weeks, the cotton export business in India has almost stagnated, and the price of cotton in the country has been rising steadily due to tight supply.
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