Cotton production up, demand down!!!
India has slightly revised up its cotton production estimate for 2024-25 to 291.35 lakh bales, driven by a better crop in Odisha. However, demand for cotton is slowing down. Cotton consumption has fallen by 8 lakh bales to 307 lakh bales. Exports are also expected to fall sharply to 15 lakh bales, from 28.36 lakh…