India: Cotton and Products Update June 2018
FAS India forecasts MY 2018/19 cotton production at 28.7 million 480 lb. bales on 11.85 million hectares. Erratic rains have delayed planting, but weather forecasts indicate the monsoon will advance through the first half of July and hasten planting. The Indian currency weakened to its lowest level in the past decade and, as a result, cotton and cotton product exports have been stronger than estimated.
India: Cotton and Products Update June 2018