Trade war and India’s lowered cotton output are enablers for new market opportunities for United States’ cotton in India.
Browsing: cotton industry
A team of CAI Directors led by the CAI President, Atul S Ganatra held a meeting with Dhruv Sood, a local representative of the United States Department of Agriculture (USDA) based in Mumbai very recently to reconcile USDA crop numbers relating to India with the CAI crop numbers.
China has started showing interest in buying United States’ cotton, with some movement in the United States’ cotton to China becoming apparent.
China has started showing interest in buying United States’ cotton. There has been some movement in the United States’ cotton to China, which is a positive signal.
Building demand for cotton is needed as good production potential is expected in near future.
The Cotton Association of India (CAI) has released its March estimate of the cotton crop for the season 2018-19 beginning from 1st October 2018.
Vagmi Cottons Limited will immediately invest $7 million this year to build a factory that would process 8,000 metric tonnes of cotton lint in the year 2019.