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CCI to complete major export order to Bangladesh by December

  

As per the Cotton Corporation of India (CCI), a large cotton export order between India and the Bangladesh is expected to be completed in December. The total size of this export order is 1.5 million bales. In 2019/20, CCI acquired 10.5 million cotton bales, of which 4.5 million bales remain unsold. Since 2020/21, CCI has acquired 1.1 million bales.

As per a report in the China Textile Magazine, Bangladesh currently imports 2.5-3 million bales (170 kg/bag) of cotton from India every year. In June this year, India began discussing its cotton exports with Bangladesh, China, Vietnam and Indonesia. The discussions revealed that Vietnam currently has sufficient stocks to last until December. The country imports 400-500,000 bales from India each year.

 
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