India: Cotton and Products Update
The pace of planting quickened across central and southern India with the arrival of the delayed monsoon. FAS Mumbai forecasts MY2014/15 production at 29.5 million 480 lb bales and planted area at 12.1 million hectares. Delayed planting across the central and south zones points to late arrivals in MY2014/15. Exports shipments reached 9.2 million 480 lb bales in MY2013/14. The Government of India increased its minimum support price by 1 percent for both medium and long staple varieties.
