Cotton: World Markets and Trade

摘要

The forecasts for Indian's cotton exports for marketing years 2005/06 and 2006/07 were raised significantly in August. Exports in 2005/06 were raised 750,000 bales to 3.25 million bales and the 2006/07 exports were revised up 250,000 bales, to 4.25 million bales. Increasing exports to China supported the large increase in India's trade. Chinese imports of Indian cotton surged from a total 210,000 bales in marketing year 2004/05, to 2.25 million bales through June of 2005/06. Every month since December 2005, India has been China's second leading supplier of cotton, behind the United States and surpassing Uzbekistan. India's exports to other markets, including Taiwan, Thailand and Turkey, have also shown a significant increase in recent months.