Cotton sowing in the cotton-rich region of North Telangana, may commence up to two weeks earlier if the early rains continue. After focusing on election campaigns, cotton farmers are now preparing their land in anticipation of an early monsoon.
The Cotton Association of India (CAI) has maintained its estimate for cotton pressing during the current trading season, ending on September 30, at 309.7 lakh bales, each weighing 170 kg. The total cotton supply is estimated at 315.86 lakh bales. Including the opening stock of 28.9 lakh bales and export shipments of 21.5 lakh bales, the total supply reaches 359 lakh bales. According Atul S Ganatra, President, CAI, cotton consumption up to the end of April 2024 was 192.8 lakh bales.
Cotton pressing estimates for Telangana have also been upwardly revised by 1 lakh bales to 35 lakh bales.
