** Sagar Sandesh print version ceases to be published from December 31, 2017. New look E-paper would be available from Jan. 1, 2018 onwards. free of cost.**

India exports 3.2 million bales of cotton in Q1 of cotton year 2019-20

India has exporter 3.2 million bales of cotton during the first quarter of the cotton year that began on October 1, said trade body Cotton Association of India (CAI), which expects the total exports til Septmber 2020 to hit 42 lakh bales.

"Cotton export shipments from 1st October 2019 to 31st December 2019 which have already been shipped are estimated at 10 lakh bales while balance 32 lakh bales are expected to be shipped during the period from 1st January 2020 to 30th September  2020. Total exports estimated during the entire season are 42 lakh bales," said CAI.

There is no change in the projection of cotton export for the season and the same is retained at 42 lakh bales as estimated by the CAI previously.

There is no change in the projection of import of cotton and the same is retained at 25 lakh bales as estimated by the CAI previously. The import figure is lower by 7.00 lakh bales compared to that estimated for the last year. Shipment of imports from 1st October 2019 to 31st December 2019 which have reached Indian Ports are estimated at 6.50 lakh bales while balance 18.50 lakh bales are estimated to arrive Indian Ports during the period from

1st January 2020 to 30th September 2020 (total imports estimated during the entire season are 25 lakh bales)," the trade body said.


Disclaimer
Copyright © 2020 PORT TO PORT - Shipping Services Portal ( Sagar Sandesh ). All rights reserved.

Follow Us