Next March, We Will See A Clearer Cotton Export Situation In India In The Next 2010-2011 Years.

　　 Now? India government The data show that in October, India Cotton export volume It's about 4 million 950 thousand bales.

　　 The government has formulated the "cotton safety policy" for the domestic cotton textile industry to ensure that the textile factories can get the supply of cotton. Panabaaka Lakshmi, Minister of state for textiles, said Wednesday that the government will take some measures.

In a written reply to the federal academy, Lakshmi said that the number of surplus cotton exports in 2010-11 was 5 million 500 thousand packages (170 kg / pack), and 5 million 500 thousand package export contracts have been registered since the registration began in October 1st.

In October, the number of exports of 5 million 500 thousand packages began to increase in 2010-11, and so far, 4 million 900 thousand packages have been exported.

The minister said, in addition to exporting these superfluous cotton Besides, India will no longer sign export contracts.

In April 19th, the government banned cotton exports to ensure that domestic industry had enough cotton sources, and cotton prices and domestic prices rose sharply thereafter.

However, in May this year, after a month's embargo, the government lifted the embargo measures and introduced the licensing system to strengthen the control of cotton exports.

Later, the government allowed the export of surplus cotton from duty-free products in October 1st to ensure the interests of farmers, while ensuring that domestic industries could buy cotton for production at a reasonable price.

However, recently, agriculture minister Sharad Pawar said that the government will reassess the maximum amount of cotton exports in December, as international organizations have strongly criticized India's measures to stop the export of cotton after India banned cotton exports.

On the other hand, the domestic textile industry has also put pressure on the government to condemn the government's permission to export cotton, so that a clearer picture can be seen by the end of March 2011.