India Oct. 1-Feb. 27 cotton arrivals 22.17 mln bales, down 3.6%

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Mumbai - India's cotton arrivals in the Oct. 1-Feb. 27 period fell 3.6% from a year earlier to 22.17 million bales, data from the state-run Cotton Corp. of India showed Tuesday.

The fall was due to declines in arrivals in Maharashtra, Punjab and Andhra Pradesh.

Arrivals in the western state of Maharashtra--the country's second-largest producer--slumped 22% to 4.55 million bales of 170 kilograms each during the Oct. 1-Feb. 27 period, the data showed. The crop year starts on Oct. 1.

In the northern state of Punjab, arrivals fell 20% to 1.26 million bales, while total arrivals in the southern states fell about 7% to 4.59 million bales, mainly due to a 9.5% decline in Andhra Pradesh.

But arrivals in the western state of Gujarat--the country's largest producer--rose 22.5% to 7.35 million bales, while those in Rajasthan climbed 35% to 945,000 bales.

Daily arrivals in India--the world's second-largest cotton producer--were down to around 170,000 bales as of Feb. 27 from 180,000 bales reported the previous week, the data showed.

India's cotton production this crop year through Sept. 30 is likely to rise to around 30 million bales from 29 million bales in 2008-09, A.B. Joshi, the federal textile commissioner, said last month.

02 March, 2010 by admin

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