India: Cotton and Products Annual

India’s 2015 cotton production is forecast at 29.3 million 480 lb. bales on 12 million acres; more than a million bales lower than USDA’s official 2014 estimate and a 5 percent acreage reduction. Cotton consumption is forecast higher over the current year as export demand for cotton yarn and cotton lint recovers and markets diversify. Exports are forecast at 5.5 million 480 lb. bales. Government procurement has reached 7 million 480 lb. bales and disposal of these stocks remains a concern.

India: Cotton and Products Annual