1. Decline in Cotton Output: Cotton production for 2024-25 is estimated at 301.75 lakh bales, down from 327.45 lakh bales in 2023-24 due to lower yields in Gujarat, Punjab, and Haryana.
  2. Lower Yield Impact: The decline is attributed mainly to reduced cotton yield in key producing states, especially Gujarat and the northern region.
  3. Supply Estimate: Total cotton supply till the end of January 2025 is estimated to be 234.26 lakh bales.
  4. Drop in Exports: Cotton exports for 2024-25 are expected to fall to 17 lakh bales, compared to 28.36 lakh bales in the previous season.