The Committee on Cotton Production and Consumption expects the current year’s production to be 36 million bales, lower than last year’s estimate of 365 lakh bales. This dip is owing to the spread and impact of COVID-19.
Browsing: cotton demand
Trade war and India’s lowered cotton output are enablers for new market opportunities for United States’ cotton in India.
Building demand for cotton is needed as good production potential is expected in near future.
Turkey’s textile and apparel industry, which has had a relatively sluggish performance over past few years, is now showing signs of recovery.