Most possible scenario is cotton plantings to be 25% less in the new season. Combining several serious sources we can make an early estimate of about 260,000 hectares that will at least be seriously cultivated by growers. Under favorable weather conditions this figure may result to max 265,000 tons of lint.
Lastly, price wise today all ginners are reluctant to offer in anticipation of the new S&D report. They need to evaluate the report and today's session and consider their strategy for the future.
Thrakika Ekkokistiria S.A.
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.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
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