To export 200,000 bales of cotton to China,India signs deals

Atul Ganatra, president of the Cotton Association of India expressed that,India the world’s second-biggest cotton exporter, is expected to export 7 million bales (each of 170kg) of the fibre in 2017/18 against 5.8 million bales shipped in the 2016/17 season

Ganatra said earlier that,India is looking to sell 2.5 million to 3 million bales to China in the next season beginning October, up from around 800,000 bales of expected exports in the 2017/18 marketing year

The head of a trade body said that, India has signed contracts to export 200,000 bales of cotton to China in the past one week, after Beijing last week sought to impose tariffs on cotton supplies from the United States

India is looking to sell 2.5 million to 3 million bales to China in the next season beginning October, up from around 800,000 bales of expected exports in the 2017/18 marketing year

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