Ind-Ra revises cotton outlook for FY16 to negative
India Ratings & Research (Ind-Ra) has revised cotton outlook to negative for 2015-16 due to decline in domestic yarn production, unlikely recovery in cotton exports and a fall in domestic cotton prices below minimum support prices (MSP).
Feb 24, 2015, 22:54 PM ISTCotton exports to drop on lower Chinese demand
Cotton exports from India, which touched 11 million bales of 170 kgs each in 2013-14 season (October-September), are likely to decline to 6-7 million bales in 2014-15 due to anticipated poor Chinese demand.
Sep 18, 2014, 19:18 PM IST