India'S Cotton Exports Have Little Impact On The Textile Industry.

In the remaining months of the crop year, India continued.

It may not cause any serious problems to the supply of cotton in the textile industry.

Although the ban on cotton exports was abolished in April 30th this year, the government announced that it would review the cotton situation throughout the country every three weeks.

However, since then, the government has not reviewed the cotton situation again, and now assumes that the government will allow cotton to export freely at the end of the crop year by the end of September 2012.

India cotton

In the year of the market, the cotton market in India decreased slightly. The number of goods arrived in May 27, 2012 was 32 million 120 thousand bales, 170 kilos per pack, compared with 32 million 150 thousand packages in the same period last year.

India

Nair, Secretary General of the DK, said that the last meeting of the Cotton Advisory Committee predicted that the inventory of cotton would be reduced steadily in the current year ending in late September 2012.

The Cotton Advisory Committee believes that the quantity of cotton exports should be limited to the amount of export surplus assessed by the Cotton Council.

He added: "but now export demand is sluggish, India.

Higher than global prices.

Therefore, exports do not seem to cause any imminent danger to the serious shortage of cotton in the textile industry.

He said that the next crop year began in October 2012, and now it is too early to predict the next year's output. Cotton planting is not yet over. After the end of planting, cotton fields must be evaluated.

However, according to the current price situation, cotton planting area may be reduced.