Related Keywords: cotton area expand by seven percent, cotton exports of India, current year, ICAC, Indian mill consumption, likely to drop by three percent, likely will grow three percent, production to rise by two percent, projection by the International Cotton Advisory Committee
India's cotton exports likely will grow 3 percent to 990,000 tonnes in the current year, with production to rise by 2 percent to 5.9 million tonnes, according to projection by the International Cotton Advisory Committee (ICAC).
World cotton trade is estimated to expand by 3 percent to 8 million tonnes in 2017-18, with China’s import volume set to grow by 11 percent to 1.1 million tonnes for the year. ICAC cites the growth in China's imports to its surging mill use, which continues to outpace its production.
