
India’s Cotton Stocks Jump 47% on Higher Imports
India’s cotton closing stocks are expected to rise 47% to 57.59 lakh bales for 2024-25, largely due to a surge in imports. The Cotton Association of India (CAI) predicts that imports will more than double to 39 lakh bales from last year’s 15.20 lakh bales. Domestic consumption is expected to rise to 314 lakh bales,…