India’s cotton exports are likely to decline 2 million package

As it is expected that the cotton production in the lower quarter of the cotton, Cotton Council International (CCI) statement, India’s cotton exports are likely to decline 2 million packets.

 

Cotton Council International said Badia, India, Pakistan and Sri Lanka last year’s cotton crop of about 31 million packages, of which exports from India about 600-700 million bales.

 

However, Bhatia said, adding that this year’s cotton production will be better. Turning to cotton export, Badiane said that the United States and the European Union economic recession, lower demand for cotton. India’s cotton exports were unlikely to find new export markets, it will lead to a decline in cotton exports this year.

 

So far, the Indian domestic market demand for better cotton. Recently, the Indian National Federation of Agricultural Cooperation distribution within one week of trying to sell more than 20 million bales of cotton.