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Cotton prices expected to stabilise in coming months

Related Keywords: area expands by three percent to three million hectares, Cotton prices expected to stabilise in coming months, cotton production of India, delay in harvesting, exports projected to decline, high domestic and international cotton price, ICAC, Indian mill use to recover, projected to grow by two percent

India's cotton production is projected to grow by two percent to 5.9 million tons while production in China could reach 4.8 million tons in 2017/18 as area expands by three percent to 3 million hectares after five seasons of contraction. After declining by three percent to 5.1 million tons in 2016/17 due to high domestic and international cotton prices, India's mill use is projected to recover by one per cent to 5.2 million tons in 2017/18.

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