India Exported To 601&Nbsp From October 1St To April 15Th; 10000 Bales Of Raw Cotton.

Mumbai news: according to India textile According to the Commissioner's office data, India is the second largest exporter of cotton in the world. The number of raw cotton exported to 6 million 10 thousand bags on -4 15 October 1st shows that global demand is picking up.

In the last sales year ended in September 30th, cotton exports in India decreased by 60% from 3 million 500 thousand to 170 kg per pack, due to the global recession.

Besides, Exit The number of export contracts registered between October 1st and April 15th was 8 million 540 thousand bales.

In early April, the Cotton Advisory Committee of the government estimated that India's cotton exports would increase to 8 million bales in the 2009-10 market year.

But shipments may be lower than this target, because now India levying export duty on raw cotton.

In order to suppress domestic prices, since April 9th, India has Raw cotton The export charge 2500 rupees / ton for 6 months, and 3% for export of cotton waste.

China is the largest importer of cotton in India, accounting for 70% of India's total exports, followed by Pakistan, Bangladesh and Thailand.