Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

'Unrestricted India Cotton Export Policy May Depend On Prices'.


Date: 08-10-2011
Subject: 'Unrestricted India Cotton Export Policy May Depend On Prices'
NEW DELHI: Continuation of India's unrestricted cotton export policy during the 2011-12 marketing year (October-September) is likely to depend upon domestic prices and demand, according to a new USDA report.

After two consecutive years of efforts to control the pace and volume of cotton exports, India lifted quantitative restrictions on cotton exports in August, 2011, and decided to continue with the policy for the 2011-12 marketing year also.

"Whether the policy (unrestricted exports) remains in place during the entire year will likely depend on price movements and domestic needs in the spinning industry," the US Department of Agriculture (USDA) said in its latest report.

Presently, market prices remain relatively high as traders await new crop supplies and early arrivals in northern India are reportedly of relatively poor quality, it said.

The USDA further said it has retained its export forecast for India at eight million bales of 170 kg each in 2011-12, as against 6.6 million bales of cotton last year.

Exports are seen higher as the country's cotton output is estimated at a record 35 million bales in 2011-12, as against 33 million bales last year, it said.

The report mentioned that the harvest in major northern and eastern growing areas has been delayed due to late rains.

Domestic buyers are currently expected to restrict cotton purchases to quantities sufficient to cover short-term needs, rather than enter into longer term buying arrangements that could increase exportable cotton supplies once harvesting gets under way, it observed.

Source : economictimes.indiatimes.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
9
+
2


What is New?

Date: 19-07-2025
Notification No. 34/2025-Customs
Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to omit serial number 10A.

Date: 18-07-2025
Notification No. 33/2025-Customs
Seeks to amend notification No. 146/94-Customs, dated the 13th July, 1994 to provide exemption on import of Horses for Polo (HS 0101 29 10) under specified condition.

Date: 16-07-2025
Notification No. 47/2025-Customs (N.T.)
Appointment of Common Adjudicating Authority for the purpose of finalization of Provisional Assessment in SVB case w.r.t. M/s. Ammega Belting India Pvt. Ltd. -reg

Date: 15-07-2025
Notification No. 46/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 30-06-2025
Notification No. 44/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 30-06-2025
Notification No. 32/2025-Customs
Seeks to amend Notification No.130/2010- Customs dated 23.12.2010 to extend the exemption benefits to Air Canada.

Date: 13-06-2025
Notification No. 43/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 11-06-2025
Notification No. 42/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver

Date: 06-06-2025
Notification No. 13/2025-Customs (ADD)
Seeks to impose Anti Dumping Duty on imports of ‘Insoluble Sulphur’ originating in or exported from China PR and Japan.

Date: 30-05-2025
Notification No. 38/2025-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver



Exim Guru Copyright © 1999-2025 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001