The demand for Indian cotton is bright in the international market. International buyers are turning to India now as the US crop has been hit by hurricanes in September. Higher production and lower prices also make Indian cotton appealing to global buyers.
Indian cotton exports could definitely go up above 7 million bales this year and there are chances of moving closer to 10 million bales (one bale is 170 kg). Analysts said the market is expecting over 40 per cent growth in exports this time on account of increased demand and better production.