Good rate for cotton cheers north Maharashtra farmers
The new season haskicked off on a good note for over 3.5 lakh cotton growers from North Maharashtra as the sale price of raw cotton is significantly higher than the last season.
Cotton crop is grown on over 9.30 lakh hectares in Jalgaon, Dhule and Nandurbar districts. Sis The cotton season starts in October and stretches up to August-September next year.
“This season, the cotton growers are fetching on an average Rs 7,000 for one quintal of raw cotton. Last season, the sale price was below Rs 5,000 a quintal. The Covid pandemic had impacted both, the cotton farmers and traders, last year. Now things are fast improving,” Pradeep Jain, president of Khandesh gin/press factory owners association says.
There are 150 ginning units in these three districts, which buy bulk of the raw cotton from the farmers. These units then process them to make cotton bales, which are then sold to various cotton textile spinning mills, multinational firms, etc. They buy the raw cotton directly through farmers or through auctioning in the mandis in the three districts.
The ginning units of the region make over 25 lakh bales during the season and the demand for cotton bales of North Maharashtra is high because of the superior quality.
“In the last season, the demand for cotton bales was sluggish as like many other sectors, the textile sector was hit hard due to the pandemic. The scenario has changed this season and the sector is witnessing an upswing in demand. Our feedback is that the domestic consumption of cotton bales is around 3.60 crore at present, which is over 20-25% higher during the corresponding period last year,” added Jain.
According to him, the Centre’s recent announcement of the Production-Linked Incentive (PLI) scheme would have a positive impact on the prices of raw cotton.
Pravin Koli, a cotton farmer from Jalgaon, said they were forced to sell the produce at a cost lower than the production cost last year. “The mood among the cotton farmers is upbeat as the prices are high. This will help some farmers make up for the losses they suffered due to crop damage after heavy rainfall last month,” he said.
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