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On February 19, the Government of India (GOI) published a notification that rescinded -effective February 20- the import duty of 10 percent for cotton with a staple length above 32 millimeters (mm).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

Turkey’s cotton production is now estimated at 625,000 MT (2.87 million bales) on 350,000 hectares in marketing year (MY) 2020/21.

Indonesia cotton consumption for 2019/20 has declined to a 10-year low of 2.4 million bales due to weaker domestic and overseas demand related to COVID-19.