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CAI is expected in January 2018, the Indian cotton prices are expected to stabilize - Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-07-09
Indian cotton association ( CAI) Said yesterday, as a result of global cotton production increased dramatically, in the future, At least in the short term) Cotton prices will gradually pressure decline, cotton supply will be dominated by cotton. CAI believes that although the cotton yield because of hurricane damage, but the productive prospect has not changed. 2017/18 India planting area of year-on-year growth of 12%, is expected to increase yield and flat area increase, so the cotton harvest is also not a problem. At present, the Indian textile mills to slack demand, domestic cotton prices pressure drop. Domestic cotton producing sufficient rainfall, harvest is optimistic outlook, the buyer has adopted a wait-and-see attitude. Is expected in January after the market is expected to be stabilizing.
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