Browse Data and Analysis

On February 19, the Government of India (GOI) published a notification that rescinded -effective February 20- the import duty of 10 percent for cotton with a staple length above 32 millimeters (mm).

FAS Mumbai forecasts marketing year (MY) 2023/24 cotton production at 26 million 480 lb. bales on 12.7 million hectares area planted, unchanged from the previous forecast. A strong pace of new crop arrivals during the first four months of the MY indicates a much larger crop size than previous trade estimates.

The MY 2018/19 Turkish cotton crop now estimated at 550,000 hectares and 920,000 MT (4.2 million bales).

Post lowered its MY 2018/19 area and production forecast to 11.8 million hectares and 28.5 million 480 lb. bales.

Delayed rains and low reservoir levels have led to a ten percent lower Kharif crop planting than the normal five year average during the southwest monsoon (June to September).