Tuesday, January 11, 2011

India further relaxation of export restrictions 6% cotton will be flowing to China

According to the business standard India newspaper 5 September report: India Ministry of Commerce Secretary Kohler (RahulKhullar) recently revealed that the Government of India from October onwards further relaxation of cotton export restrictions. He expects India 2010-2011 will produce 50 million tons of cotton, which will have 93.5 tons for export.

It is reported that India is the world's second largest cotton-producing and exporting countries, China is the largest cotton-importing countries. It is estimated that India this fiscal year of cotton exports will have at least 60% of flows to China.

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