Related Keywords: biggest producer of cotton, CCI, China to curb purchases, declining demand, India, Pakistan and Vietnam, raise sales to Bangladesh, second biggest seller, this crop year, to a five year low, to suffer steepest loss, witness fall in cotton exports, world stockpiles
India, the world’s biggest producer and second biggest seller, are likely to witness fall in cotton exports by 41 percent to a five-year low of 7 million bales this crop year ending September as China, the top buyer to curb purchases, according to government official.
Lower exports from India could support benchmark New York price that fell to a one-week low on Monday.
