Related Keywords: Chinese cotton inventory, Indian cotton exports, raw cotton
India cotton exports at jeopardy with China unwinding its inventory built over the last three years, and support growers through a subsidy programme. Moreover its plans to sell raw cotton cheap in the domestic market to cut down its inventories may further hit exports from India.
As on January 22, about 4.01 lakh tonnes of cotton found their way into the textile mills and garment factories due to cheap selling of raw cotton, according to the Chinese Government’s cotton news website cncotton.com,
