India: Cotton and Products Update
The Government of India has revised the monsoon forecast from below normal to deficit. Planting in northern India, albeit slow, continues as prices firm up due to low market yard arrivals. FAS Mumbai revised the Post MY2014/15 production estimate to 29.6 million 480 lb. bales. The MY 2014/15 export estimate has been revised to 4 million 480 lb. bales, to reflect expected sales and shipments through the end of the marketing year.
India: Cotton and Products Update
