India: Cotton and Products Update
Post’s production estimate for MY 2015/16 is lowered to 27.8 million 480 lb. bales. While mill consumption remains sluggish, the announcement of various government schemes and a weaker rupee are expected to provide a boost to the domestic textile industry. Too, the pace of cotton exports has slowed. Several policy announcements; including, an order on seed sales prices were announced by the Government of India.
India: Cotton and Products Update
