Comments
Cotton harvesting has accelerated and arrivals at spot markets so far in the 2010-11 season rose by 8.2 per cent on year, the State-run Cotton Corp of India said on Monday.
Arrivals as on January 2 stood at 13.69 million bales (of 170 kg each) compared to 12.65 million bales a year ago, as weather was dry over key growing States like Maharashtra and Gujarat, the Government body said on its Web site.
The Indian cotton year runs from October to September.
Higher arrivals will help cotton exporters fulfil their export obligations, said a dealer based in Rajkot, Gujarat.
Output is likely to cross 32.5 million bales of cotton in 2010-11, topping last year's 29.5 million bales, industry and Government officials have said.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.