India's Cotton Yield Faces 7.4% Decrease Amid Weather Challenges

India is projected to see a 7.4% decline in cotton production for 2024/25, amounting to 30.2 million bales. This decrease is attributed to reduced cultivation area and adverse weather conditions. Consequently, cotton imports are expected to rise to 2.5 million bales, up from 1.75 million previously.

India's cotton production is set to decline by 7.4% to 30.2 million bales for the 2024/25 season, according to a report from a leading trade body.

The Cotton Association of India (CAI) cited reduced cultivation area and excessive rainfall as the primary reasons for this drop in production.

As a result, cotton imports are anticipated to increase to 2.5 million bales, compared to 1.75 million bales last year, indicating a significant impact on the market dynamics.

(With inputs from agencies.)