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Cotton exports may rise by 20% in 2017-18: CAB

The Cotton Advisory Board (CAB) estimates India's Cotton exports for this season (October 2017 to September 2018) to be 70 lakh bales, an increase of 20% over last year.

From October, 2017 to April 2018, the total amount of cotton exported from India was 51.21 lakh bales. CAB has estimated that the Cotton production for the current Cotton season will be 370 lakh bales.

Domestic prices of Cotton are ruling below the International Cotton prices. Domestic sale prices of the representative variety of S-6 cotton vis--vis international prices of its equivalent variety were lower by 7.18% as on July 14.

 

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