News Snapshot:
NEW DELHI : The Cotton Association of India (CAI) released its final estimate of crop production for the 2022- 23 (October-September) season and pegged it slightly higher at 31.8 million bales (1 bale=170 kg) from its previous estimate of 31.1 million bales in July, and initial estimates of 34.4 million bales. This is against the government’s third advance estimate of 34.3 million bales for the 2022-23 season and the 2021-22 season industry production estimate of 29.9 million bales. The upward revision in estimates has been done due to a production increase from the previous estimates for Punjab (25,000 bales), Gujarat...
