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Cotton Production will Rise by 6% to 276 Lakh Tonnes
MUMBAI: The 'International Cotton Advisory Committee' has estimated that in the 2019-20 season, world cotton production will increase by 6% to 276 lakh tonnes. Recently, the International Cotton Advisory Committee submitted a report that mentions global cotton production, its use, and rates. In addition, cotton consumption will be 273 lakh tonnes. Compared to this, 260 lakh tonnes of cotton was produced during the 2018-19 season and 268.7 lakh tonnes of global consumption.
There is a continuous barrier, such as trade uncertainty, slow economic growth and low demand, according to the International Cotton Advisory Committee; however, cotton production still remains high. Context - Agrowon, 3 April 2019 If you find this information useful, click on the yellow thumbs up sign under the photo and also share this with your farmer friends using the options given below.
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