Fibers & Yarns Updates (From 1st April to 30th April 2019)
1) Maharashtra gears up for new kharif season with 2.25-crore BT cotton seed packs
As the BT variety continues to account for over 96% of cotton crop in the country, the Maharashtra government has managed to supply at least 2.25 crore packs of BT cotton seeds to farmers this kharif.
2) CAI trims cotton crop size to 321 lakh bales, lowest since 2009-10
The Cotton Association of India (CAI) has further trimmed the crop estimate for the fibre crop to 321 lakh bales (170 kg each), about 7 lakh bales lower than its previous month’s estimate.
3) African cotton associations roots for cotton processing in Mali
With record production of more than 700,000 tons the past two seasons, Mali has retaken the title of Africa’s cotton champion. The region invests over 100,000 CFA francs for each harvest which generates 150,000 CFA frans in proft after the harvest.