India’s cotton production estimates vary, prices may follow ICE trends
India’s cotton production for 2024-25 season is expected to decline, with the Ministry of Agriculture estimating 294.25 lakh bales, lower than CAI’s 295.30 lakh bales and significantly below USDA’s 320 lakh bales. Cotton Corporation of India has procured 1 crore bales at MSP due to weak prices. Limited availability is pushing prices up, but tariff tensions and weak demand remain key concerns.
India’s cotton production for 2024-25 season is expected to decline, with the Ministry of Agriculture estimating 294.25 lakh bales, lower than CAI’s 295.30 lakh bales and significantly below USDA’s 320 lakh bales.
Cotton Corporation of India has procured 1 crore bales at MSP due to weak prices.
Limited availability is pushing prices up, but tariff tensions and weak demand remain key concerns.
