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Forums Index > Product - Development, Manufacturing & Sourcing forum > Cotton output may touch record high
TOPIC : Cotton output may touch record high
Posted on 20 August 2007 at 11:23:00
The East India Cotton Association (EICA) forecasts that production in this cotton year which runs from October 2006-September 2007, is likely to touch 282 lakh bales against previous estimates of 270 bales.
An EICA official has said that cotton exports may reach upto 55 lakh bales by the end of this cotton year compared to 47 lakh bales last year even if international prices increased by over 6 percent in July.
Meanwhile domestic cotton consumption has increased from 168 lakh bales in 2002-2003 to 240 lakh bales in 2006-2007.
Free Member, Joined :06/09/2007
No of Topics Posted : 112
Reply/Comments : 9
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