India: Cotton Production Update
FAS Mumbai forecasts marketing year (MY) 2018/19 cotton acreage at 12.35 million hectares and production at 28.5 million 480-pound (lb) bales. Indian cotton exports will remain slow. However, cotton yarn and textile exports will remain strong as Indian currency supports higher export prospects. Mill consumption will remain flat as new minimum support prices for cotton drive up the input costs.
India: Cotton Production Update
