Cotton Production In India May Increase By 2010-11 In 8%-10%

On Tuesday, a senior government official said the next sales year.

An official who does not want to be named said that India could produce about 31 million 500 thousand bales of cotton in the next sales year beginning in October, compared to 29 million 200 thousand bales of cotton in 2009-10 years and 170 kg per pack of cotton.

"Cotton," he said.

According to the latest government data, from June to July 2nd, the planting area increased by 50% to 4 million 400 thousand hectares compared with the previous year, and in the few months remaining in summer, the rate of cotton planting area may slow down, and the total area is expected to increase by 10% over the previous year.

At the end of the summer planting season in 2009, the cotton planting area was about 10 million 170 thousand hectares.

India is the second largest cotton producing country and exporter in the world. The increase of cotton output in India may not be conducive to the domestic market price, but it can help textile mills reduce costs.

Since cotton exports soared, since October, local prices have risen by more than 30% to 29700 rupees / candy.

In India, the cotton planting season usually begins with the arrival of the monsoon rain season in June, and then along with the rainy season, the seeding schedule progressively advances, and cotton is picked from September.