India 2011-12 cotton output may miss estimate – Executives

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Mumbai. India’s cotton output in the current marketing year that started Oct. 1 is likely to fall below the previous estimate of 35.6 million bales as erratic rains have hit crop yields in some key regions, industry executives said Thursday.

“The biggest decline [in yields] will be in [the provinces of] Andhra Pradesh, Maharashtra and Karnataka,” said A. Ramani, secretary of the Indian Cotton Federation.

Maharashtra and Andhra Pradesh are the second and third-largest producers, respectively, of the fiber crop in India. The country produced about 32.5 million bales of 170 kilograms each in 2010-11.

Source: http://www.moneycontrol.com/commodity/comm_news.php?autono=169968&type=MKT

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