Global area under cotton is expected to drop by 7 per cent to 31.3 million hectares in 2015-16 and the production by 9 per cent to 23.9 million tonnes. As international prices were ruling lower than Indian prices, Cotton Corporation of India (CCI) had to venture into minimum support price operations; CCI procured around 87 lakh bales during the 2014-15 season.
Cotton| Global area under cotton is expected.
July 13, 2015 9:53 AM | Skymet Weather Team
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