Indonesia: Cotton and Products Annual
Favorable cotton prices relative to synthetic fibers prices, combined with the expansion of large mills, have led to higher imports and consumption of cotton. Assuming stable cotton prices, the trend is expected to continue to MY 2015/16. Post therefore estimates MY 2014/15 Indonesian cotton imports to increase by 10 percent to 3.28 million bales and MY 2015/16 to further increase to 3.5 million bales. The depreciated rupiah supports textile and yarn exports.
