India: Cotton and Products Update April 2015
The initial Government of India forecast calls for a below normal monsoon for 2015. Market yard arrivals for the current crop have slowed as Indian prices move higher and farmers expect greater price realization with the small volumes yet to deliver. FAS Mumbai revised the Post MY2014/15 export estimate to 4.2 million 480 lb. bales to reflect expected sales and shipments through the end of the marketing year.
India: Cotton and Products Update April 2015
