CAI ups crop estimate by 2.50 lakh bales for 2020-21 season

The Cotton Association of India (CAI) has raised the crop estimate by 2.50 lakh bales to 358.50 lakh bales for the 2020-21 season because of a high carryover stock.
The total production for the 2019-20 season stood at 360 lakh bales. The CAI’s previous estimate for 2020-21 was around 356 lakh bales.