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14 India planting of the crop is still behind the same period last year. 7% - Textile information - Textile net - Textile integrated service provider
According to statistics, as of July 13, India, up to 7. 75 million hectares of the crop is still backward from the same period a year 14. 7%. This week, the Indian monsoon rainfall will maintain normal, there will be a good monsoon rains in gujarat and help the crop planting progress acceleration. According to the Indian cotton, according to the company's latest report as of July 17, India cotton market accumulated up to 35. 08 million packages ( 1 package = 170 kg) , an increase of 4. 5%. Last week, July 16 - 22) India, MCX futures contract prices rebounded to 23400 - in October Important support level of 23450 rupees/package, in the next few days will exceed 24000 rupees/package, test - 24250 24300 rupees/package range.