India 2010/11 Cotton Volume Fell 2.5%
India
Senior government officials said that India has been in the 2010/11 so far.
Spot market
Cotton volume fell 2.5% year-on-year.
Comprehensive media reported on December 6th, senior government officials said that the quantity of cotton arrived in India's domestic spot market has fallen by 2.5% over the year 2010/11, but this week, the increase was due to the suspension of rain in cotton growing areas.
A senior official of the State Cotton enterprise in India said on Monday that the volume of December 5th arrived at 7 million 20 thousand packages (1 packets equivalent to 170 kilograms), which was 7 million 200 thousand packs last year, due to the non seasonal rainfall of 10, 11 and two months, and cotton crops.
"All cotton producing areas are dry at present.
Starting from this week, the volume of delivery should be increased. "
The official, who did not want to be named, said.
Exporters of cotton in India
Export stock
Less than half of the 5 million 500 thousand tons of export permits in 2010/11, a senior government official said last month that this could tighten global supply.
Industry officials said that as the world's second largest exporter of cotton, India's cotton production in 2010/11 is expected to exceed 33 million packages, far higher than the 29 million 500 thousand package of the previous year.
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