India: Cotton and Products Update

Commodities

FAS Mumbai forecasts MY 2017/18 cotton production at 29.8 million 480 lb. bales on an acreage of 12.3 million hectares. Cotton exports are forecast to slow, while government support schemes may boost exports of cotton garments, apparels and textile products. Domestic cotton consumption is expected to recover from last year as mills draw down existing stocks. 

India: Cotton and Products Update