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Indian cotton exports to decline in 2014-15

Sai Nikesh | The Dollar Business Reproving the reports that ‘Indian cotton prices have gone up on hopes of fresh export demand’, Indian Cotton Federation (ICF) opined that cotton situation in 2014-15 season that started in October 2014, in all terms, is most likely to remain the same to what it was in 2013-14 season. Speaking to The Dollar Business, K N Viswanathan, Vice-President, ICF, said, “Going by sowing figures and cropping situation till date, Indian cotton prices in 2014-15 season that is going to last till September 2015, is likely to remain around 35,000-35,500 per candy of 355 kg under Shankar-6 variety benchmark, almost similar to what it was in 2013-14.” On reports over occurrence of fresh export demand for Indian cotton, ...