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Cotton carryover seen at 5-year high of 55.5 lakh bales

Amid Covid-19 disruptions, India will witness document cotton carryover stock in the past five a long time at 55.50 lakh bales (just about every of 170 kg) for the crop year 2019-20 (Oct-September).

Trade entire body Cotton Association of India (CAI) has approximated the carryover stock of 55.50 lakh bales (lb) at the close of the season on September thirty, 2020, which signifies the future season will start out with a five-year high carryover stock.

For every the CAI knowledge, in 2014-fifteen the carryover shares of the fibre ended up reported at a high of 67.23 lb.

A increased carryover

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