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Higher domestic prices affects cotton exports from India

Related Keywords: affect exports mainly to Pakistan, China major buyer for Indian cotton, crop failure, Current cotton year, demand not so good, domestic cotton price, increased cotton import, Indian Cotton Federation, Indian cotton prices higher than international prices, Pakistan became a major importer, upside since April, weak production

In the current cotton year which runs from October of one year to September of the next, about 37 percent of exports have been to Pakistan. But with the domestic cotton prices on the upside since April, moving up to Rs 50,000 a candy (356 kg), due to expectation of weak production this has affected exports, mainly to Pakistan, says the trade.

Cotton imports likely to remain near record high level as output decline

Related Keywords: cotton imports to remain near record-high levels, crop failure, import requirement rising, local consumption rising, Pakistan, production stagnant, supply crunch in Pakistan, trim area under the cotton crop, worlds fourth-biggest producer

As erratic weather forces farmers in Pakistan, the world's fourth-biggest producer to trim area under the cotton crop, cotton imports are expected to remain near record-high levels in the year to July 2017, industry officials said. A supply crunch in Pakistan, at a time when back-to-back droughts have taken a toll on output at top producer India, could boost global cotton prices from their current near 11-month highs. The two countries have already taken turns this year to buy from each other to fill shortages at home.

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