Cotton exports of India are improbable to meet the target of 9 million bales stated by the Cotton Advisory Board for the 2014-15 cotton season which is lesser by 23 per cent from previous year’s export of 11.7 million bales. Experts of the industry feel that cotton exports are likely to end up amid 7 to 7.5 million bales this year. According to cotton traders, China are still the biggest importer of cotton from India, is expected to further cut its cotton imports by another 35 to 40 percent. Exports can be better also only if Indian prices drop further or global prices rebound, but all depends on how Chinese economy progresses. If it remains slow, cotton demand will not increase.
