Summary:
The Indian Cotton Association Limited (ICAL) attributes the higher rates of cotton due to a stronger dollar and a tariff war between the USA and China. BATHINDA: Rates of raw cotton have opened strong in most of the markets of Punjab as harvest of the state’s second biggest kharif crop started in the first week of September. Farm experts said record productivity of cotton was expected in Punjab in the 2018-19 crop year. Cotton has been sown over nearly 110 lakh hectares in India, whereas in Punjab the area under the fibre crop is 2.84 lakh hectares. India is the second largest exporter of cotton and China is one of the biggest importers..