Australia Cotton Exports Increase, India Imports Up 569%

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  • #12196
    TradersCom
    Keymaster

    [article]232[/article]

    #12197
    Assistanc3
    Participant

    The International Cotton Advisory Committee (ICAC) has also predicted higher world cotton production by 8 per cent to 24.9 million tonnes, while the global acreage set to increase by 8 per cent to 31.7 million hectares.

    ICAI stated that India would remain the world’s top cotton producer in 2017-18 with output rising 6 per cent to 6.1 million tonnes. In India, cotton was sown on 121 lakh hectares as on early September 2017, as against 102 lakh hectares last year. Gujarat continues to be the largest cotton growing region in the country with 26.36 lakh hectares (24.04 lakh hectares).

    #12200
    ThePitBoss
    Participant

    TY A3 and TC – Interesting that India imports increased so much and they are the world’s top producer

    #12204
    Assistanc3
    Participant

    India’s southwest monsoon ended the June-September season with 5% lower rainfall than average

    #12205
    ThePitBoss
    Participant

    Thank you for the explanation – that makes sense

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