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The National Seed Association of India expressed concern that the government raised the Bt cottonseed packet price by only ₹11 to ₹864 for the coming kharif season, well below the ₹147 industry sought. The association warned the increase could squeeze seed companies and threaten future seed supply.
A thin seed margin may reduce Indian cottonseed availability and could affect cotton planting economics, with limited direct effect on feed meal prices.
thehindubusinessline.comKV KurmanathMar 18, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
