Related Keywords: Bangladesh, China, cotton advisor board, Cotton Association of India, cotton bales, cotton consumption, exportable surplus, higher domestic cotton price, Indian cotton exports
Cotton exports is estimated to be between 6.5-7 million bales (1 bale = 170 kgs) this year by trade source as against 11.8 million bales shipment estimated by the Cotton Advisory Board (CAB) during last year. Decline by about 45% this year (October – September) on falling demand from its perennial importers i.e. China and Bangladesh.
China, the largest importer of Indian cotton has reduced cotton import from India in recent months. The second largest Bangladesh has also lowered its dependence on India due to higher domestic cotton prices.
