India: Cotton and Products Update

  |   Attaché Report (GAIN)

Post estimates cotton production at 29.3 million 480-lb. bales in marketing year (MY) 2020/21 on an area of 13 million hectares. There are increasing reports of pest infestation across various states, but most are localized incidences. Fiber prices have improved due to a sharp rise in government procurement, coupled with rising exports of raw cotton and cotton products. Mill consumption remains constrained at 22.8 million 480-lb. bales as fears of additional lockdown measures continue to affect consumer sentiment.

India: Cotton and Products Update

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