Cotton Price:Cotton’s global demand declined. The demand for alternative fiber increased in the industry. The demand for bamboo, recycle cotton is increasing while the demand for blended cotton is also increasing rapidly. The demand for environment friendly option has increased. Cotton’s price is also the reason for increasing demand.
Pure cotton has only 30% demand in textile. The price of recycle cotton is a quarter of cotton. Cotton sowing is expected to fall. Sowing will also decline in production.
Cotton sowing in the country was 95.22 lakh hectare on 11 July 2024 while on 11 July 2025 it was 92.83 lakh hectare.
Cotton demand is seen to be seen in the industry due to the increasing demand for alternative fiber and many other options. Talking in detail on cotton CAI President Atul Ganatra Said that there is a high price of cotton in India. This year 40 lakh Bells imports are possible.
Atul Ganatra further said that despite the imposition of 11 percent of the duty, the import of cotton is increasing. More than 200 percent imports are possible this year as compared to last year. It is necessary to rein in the increasing import of cotton. To become a global competition, it is necessary to reduce the price of cotton. Farmers were not harmed due to MSP.
(Disclaimer: The ideas given on Moneycontrol.com have their own personal views. The website or management is not responsible for this. Money control advice to users to seek the advice of the Setted Experts before making any investment decisions.