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FAS Post estimates India’s marketing year (MY) 2019/20 cotton production at 29.3 million 480 lb. bales (37.5 million 170-kilogram bales/6.4 MMT) with a planting area of 12.5 million hectares.
Post estimates Vietnam’s cotton imports in marketing year (MY) 2018/2019 down to 1.55 million metric tons (MMT), due to the difficulties facing Vietnam’s spinning sector....
Cotton production for MY2019/20 is forecast at 262,000 bales (57,000 metric tons), 8 percent higher than the previous year.
The Indian Meteorological Department (IMD) published its second long-range forecast predicting a normal Southwest Monsoon (June to September) for 2019.
FAS Post estimates India’s marketing year (MY) 2019/20 cotton production at 29.3 million 480 lb. bales (37.5 million 170-kilogram bales/6.4 MMT) from 12.45 million hectares of planted area.
Farm to market yard arrivals remain steady while mill buying remains very weak.