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Cotton imports, or more than expected - India Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-06-28
Indian cotton advisory board ( 出租车) Estimates that 2018/19 Indian cotton imports reached 2. 2 million packages ( 170 kg/bag) , year-on-year increase of 700000 packets, produced 33. 7 million packages, actual imports is expected to reach 280 - 3 million bales. Indian cotton federation said, due to the domestic cotton prices higher than international prices, the Indian textile mills and traders have positive imported cotton, mostly in west Africa cotton as well as some American cotton. According to forecast of CAB, this year India for 36. 15 million bales cotton consumption is below 3866. 50000 packages, exports of 5 million bales. If the monsoon rain covers the whole cotton-producing area in the first week in July, then 2019/20 cotton output will be very optimistic.
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