India: Cotton and Products Annual
India’s 2017/18 cotton production forecast is 28 million 480 lb. bales on acreage of 11 million hectares. The yield forecast is lower than last year but remains above the three-year average. The mill consumption forecast is lower as demand for cotton yarn remains subdued since demonetization although cotton yarn exports in December were the highest on record in the past decade. The export and import forecasts are 4.5 million and 1.5 million 480 lb. bales, respectively.
India: Cotton and Products Annual
