The Cotton Association of India’s president, Atul Ganatra has said that India is likely to export 7 million bales of cotton in 2018-19, down 30% from an earlier estimate. He said the exports may impact as scanty rainfall and an attack of pink bollworms are likely to squeeze crop yields. He had forecasted exports of 10 million bales in June.
Atul Ganatra said a drop in planting area and the pest attack will limit overseas sales to 7 million bales in the marketing year starting on October 01, down from 7.2 million bales in the current crop year. He also said in Gujarat and Maharashtra, rainfall was lower than normal. In some pockets, pink bollworm attacks have also been reported. He further said India has so far contracted to export around 600,000 bales to neighbouring China, which has imposed sanctions on shipments from top exporter the United States.
Gujarat and Maharashtra account for more than half of the country’s total cotton production. Farmers have adopted genetically-modified seeds known as Bt cotton that are resistant to bollworms, but it hasn’t stopped the infestations. Pink bollworms consume the fibre and seeds inside a cotton plant’s boll, or fruit, and yields fall.
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