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Home News India’s Cotton Arrivals Reach 12.38 Million Bales in October-December 2024

India’s Cotton Arrivals Reach 12.38 Million Bales in October-December 2024

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India’s Cotton Arrivals Reach 12.38 Million Bales in October-December 2024

India’s Cotton Arrivals Reach 12.38 Million Bales in October-December 2024

India’s cotton arrivals for the period between October and December 2024 have reached 12.38 million bales, signaling a steady pace of harvesting in the country’s key cotton-growing regions. This volume is in line with industry expectations, reflecting a robust cotton output despite ongoing challenges in the global market.

According to the latest data, cotton production in India is progressing well, with favorable weather conditions and adequate water supply contributing to an improved yield. The arrivals during this three-month period mark a healthy start to the 2024-25 cotton season, with trade experts projecting that the overall crop output may meet or even exceed earlier estimates.

The growth in arrivals has been supported by increased planting in major cotton-producing states such as Maharashtra, Gujarat, and Telangana. As the new harvest hits the market, cotton traders are optimistic that the strong supply will help stabilize prices, offering relief to spinners and textile manufacturers who had faced high costs in the past year.

Furthermore, the government’s support in the form of minimum support prices (MSP) and procurement measures is providing a safety net for farmers, ensuring that the cotton sector remains resilient even in the face of fluctuating global market conditions.

As India continues to be one of the world’s largest producers and exporters of cotton, stakeholders in the textile and garment industries are closely monitoring these arrivals, as they play a crucial role in shaping the country’s domestic supply and export prospects for the upcoming year.