Domestic Cotton Prices Rise And India'S Cotton Imports Doubled
According to a senior member of a trading company in India, the increase in cotton prices in India will lead to nearly two times of cotton imports this year (beginning in October).
According to statistics from India Cotton Advisory Committee, the cotton import volume of India last year was 650 thousand packs (110 thousand and 500 tons). ShirishShah (BhaidasCursondas&Co., a shareholder in Mumbai and chairman of India Cotton Association) said: "the import volume of India textile mill this year should be 100-150 million packages (17-25.5 tons), especially the extra long staple cotton, which will increase with the increase of domestic cotton prices."
本年度印度政府將籽棉最低扶持價格（MSP）大幅上調近40％，迫使紡織廠不得不選擇價格相對便宜的進口棉來滿足需求。Shah說：“目前印度國內的皮棉價格約為21000-22000印度盧比/candy。加工廠方面認為籽棉價格過高，只用像印度棉花公司這種國有公司才會從棉農手中購買籽棉。”
他說印度會從西非、美國、埃及和巴基斯坦進口棉花。“國內的過高的棉價對出口商也造成不小負擔。目前國外買家對印度棉的進口詢盤價為58美分/磅，但是采購成本過高，印度出口商報價不得不高于60美分/磅。”Shah說，“只有國內棉價下跌至20000印度盧比/candy，出口商才有可能介紹較低的報價。”
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