Hi Anil,
IMHO the link below can provide us insight that supply is not a concern yet as stock exists after taking into account local supply and exports.
http://www.supima.com/view-reports/supply-and-use/
The winds are favouring the Indian Textile industry and also factories in China are lowering their production due to high overhead costs and hence demand for raw material would decrease in China. The excess raw material can then make way to India.
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