As per the latest release from United States Department of Agriculture (USDA), Indian cotton exports for MY 2018/19 estimated at 4.3 million 480-lb bales (5.5 million 170-kg bales/936,000 MT), which is 100,000 480-lb bales lower than the official USDA estimate. Indian cotton will compete with cotton from other major global exporters. Indian cotton may also not compete well on technical parameters, affecting its export prospects. As of June 2018, top cotton export destinations were Bangladesh, Pakistan, Vietnam, and China. Export shipments remained strong (65 percent higher) in April-July 2018 compared to April-July 2017, as Indian cotton prices remain very competitive on the international market.
Πηγή: indiainfoline.com
USDA Estimates Indian Cotton Exports At 4.30 Million Bales For MY 2018/19
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