India's cotton stocks could fall to 2-decade low - trade body,It could also lift domestic prices and weigh on the margin of local textile companies. Cotton stocks at the end of 2022/23 marketing year could fall to 2.69 million bales, the lowest since 2003/04, the Cotton Association of India (CAI) said.
India is likely to produce 31.3 million bales of cotton in the current season ending on Sept.
India's cotton stocks could fall to 2-decade low – trade body
It could also lift domestic prices and weigh on the margin of local textile companies. Cotton stocks at the end of 2022/23 marketing year could fall to 2.69 million bales, the lowest since 2003/04, the Cotton Association of India (CAI) said.India is likely to produce 31.3 million bales of cotton in the current season ending on Sept.
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