Related Keywords: four-year highs, gathering pace, India’s cotton exports, Jump in global cotton prices, last three weeks, producer of the fiber, ship over one million bales, signing contracts, traders in the world's top
After jump in global cotton prices to four-year highs, India’s cotton exports have been gathering pace with traders in the world's top producer of the fiber signing contracts in the last three weeks to ship over one million bales, according to industry officials.
Indian cotton is being offered around 82 to 85 cents per lb on a cost and freight basis (C&F) to buyers in Bangladesh and Vietnam, compared to over 90 cents from the United States and Brazil.
