FAS Mumbai (Post) forecasts marketing year (MY) 2021/2022 cotton production at 28 million 480 lb. bales on an area of 12.4 million hectares. Planted area fell by nearly 5 percent compared to last year, but yields are expected to improve to 492 kilograms per hectare. MY 2021/22 mill consumption is forecast to increase to 26 million 480 lb. bales thanks to strong export demand for cotton yarn and textile products. Demand for raw cotton exports remains firm as Indian fiber prices are very competitive in global markets.