Related Keywords: commodity prices of second biggest producer in the world increased, cotton imports, likely to replace India, major exporter of cotton, Pakistan in current fiscal year, shifting to United States, US exports forecast to jump, USDA
Pakistan in the current fiscal year likely to replace India as the major exporter of cotton by shifting to United States for its cotton imports with after the commodity’s prices of the world’s second biggest producer increased, an industry official said. The US exports are forecast to jump one million bales to 11.5 million bales in 2016/17 as the report expects higher production in the US due to better crop.