Pursuits
Cotton Exports From India May Fall Short of Quota, Olam Says
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Cotton shipments from India, the biggest grower after China, may not fill the quota set by the government as some exporters fail to secure supplies amid lower arrivals and record prices, according to Olam International Ltd.
Exports may be 2 million bales, 62 percent less than 5.24 million bales permitted to be shipped by Dec. 15, said Unupom Kausik, head of the cotton business at Olam Agro India Ltd., a unit of one of the world’s three largest suppliers.