India: Cotton and Products Update
The MY 2015/16 production estimate is 28.5 million 480 lb. bales as deficit rains lead to stunted crop growth and lower yields. Planted area reached 11.6 million hectares and is expected to climb higher as late sowing continues in a few southern states. Trade data reflects completed marketing year 2014/15 information. Cotton Corporation of India is expected to commence MSP procurement by the third week of October
India: Cotton and Products Update