The industry bodies have raised concern over monsoon and crop arrivals. The Solvent Extractors' Association of India (SEA) executive director B V Mehta said that the late arrival of monsoon by one week has delayed the kharif sowing of cotton, soyabean, groundnut and pulses and is likely to result in slow crop arrivals.
However, he said if rains are further delayed beyond a week it will be a bit of concern as farmers will begin switch to other crops. He said the rainfall with intervals are also very important for the overall crop output. The monsoon hit the southern state of Kerala on June 7. The monsoon, which accounts for more than 70 per cent of India's annual rainfall, is critical to the nations crop output.
Cotton Association of India President Atul Ganatra has said for cotton crop sowing is delayed by two weeks in the cotton growing states like Andhra Pradesh, Telangana, Karnataka and central India like Madhya Pradesh and Maharashtra. He added that last year the rains came during the first week of June, whereas this year there is no rains so far in these states. He further said this delay in sowing will result in a delay in crop arrivals. Usually, the crop arrival begins from October first week, now it will be delayed to the third or fourth week. As the mills will require cotton, the delay in arrivals might affect the price.
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