India’s cotton production for the 2024-25 season is estimated at 295.30 lakh lumps (170 kg), which is very low in seven years and a huge decline from 327.45 million tumors of last year. There are two main reasons behind this- one is not allowed for new GM cotton seeds, and secondly, cotton crops will increase the resistance of cotton pests. That is, pesticides now have a lower effect on these pests, causing the crop to fall. Due to these two reasons, cotton yields are likely to decline, and then India can be turned into cotton for the first time after several years.
It is estimated that India will import 30 lakh lumps, which will cross the export of 11 lakh bales. That is, India will have to import more cotton than exports. Cotton production is 1210 lakh lumps worldwide, of which the stock is low. Because of this, the prices of cotton are likely to increase.
Increase cotton imports
Media reports suggest that export of cotton from the US to India may increase after the import tax is over. Cotton production is estimated to produce 1210 lakh lumps worldwide, while consumption is 1160 lakh tonnes. Cotton prices see a rise between defined distribution and strong global signals.
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Cotton prices are expected to rise in the coming months due to reduction in supply and international markets in India. Domestic production was 295.30 lakh tumors in 2024-25, which was 327.45 lakh in the previous season. It continues to decline in the seven years of low levels and long -term decline. The main reason for the decline of production is the increase in the immunity of pests in the new GM seeds and current BT types that come to market since 2006.
Will break the import log
At this time, it is estimated that more than 1.3 million lumps will be imported from 17 lakhs of cotton. This will break the record of many years as India is exporting more and more cotton. Earlier in 2011-12, India exported up to 130 lakh bale. If there is an 11 percent import tax on the end of the raw cotton, imports from the US will increase. Last year, the United States alone sold $ 2100 million to India. This helped India’s textile industry and its export. About $ 11 billion textile was exported to the United States.
Read: Cotton: Despite good production in the country, cotton prices have fallen, which is a big reason
Cotton stock will be reduced this year around the world, which is likely to rise in prices. Cotton exports are likely to increase from Brazil and Turkey, while may decrease from Australia and Egypt. In this way, the price of cotton in the domestic market is likely to increase due to the decline in cotton production.
(Tagstotranslate) Cotton Output (T) Cotton Export (T) Cotton Production (T) Cotton Price (T) Cotton Import (T) BT COTTON (T) Gm Cotton
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