Browse Data and Analysis

On February 19, the Government of India (GOI) published a notification that rescinded -effective February 20- the import duty of 10 percent for cotton with a staple length above 32 millimeters (mm).

FAS Mumbai forecasts marketing year (MY) 2023/24 cotton production at 26 million 480 lb. bales on 12.7 million hectares area planted, unchanged from the previous forecast. A strong pace of new crop arrivals during the first four months of the MY indicates a much larger crop size than previous trade estimates.