India: Cotton and Products Annual
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Post forecasts India’s MY 2021/22 cotton production will increase by three percent to 29.7 million 480 lb. bales on a lower area of 13 million hectares. Nationwide average yield is expected to improve by five percent to 497 kilograms per hectare on the expectation of a normal monsoon. The global recovery in consumption will fuel strong exports of cotton fiber and yarn. In addition, domestic consumption is likely to rise as COVID-19 measures are relaxed and consumers increase their in-person shopping.
