India October-March cotton supplies drop by 12 percent

Q.  India’s cotton output fell by what percent during October 2015- March 2016, according to CAI/ Cotton Association of India?
- Published on 19 Apr 16

a. 12 percent
b. 13 percent
c. 14 percent
d. 15 percent

ANSWER: 12 percent
 
Cotton supplies in Indian spot markets fell 12 percent from a year ago to 28 million bales between October and March as adverse weather curtailed production, stated the Cotton Association of India on April 18.
  • The world's biggest cotton producer is likely to harvest 34.1 million bales of cotton in the 2015/16 season, that started on October 1, down from last year's output of 38.3 million bales, added the trade body.
  • Trade bodies are consistently reducing cotton production estimates for the current season as pest attacks and the first back-to-back droughts in nearly three decades hampered per-hectare yields.

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