India's cotton exports are likely to rebound in 2009-10 with 1.4 million tonnes of the fibre projected to be sold in the overseas market, the International Cotton Advisory Committee (ICAC) said in a statement. The fibre export from India, the world's second largest cotton producer, declined substantially last year as Indian prices remained uncompetitive amid global economic slowdown that hit demand badly. The shipments are estimated to be below one million tonnes in 2008-09.

According to ICAC, the global cotton demand is expected to recover slightly this year depending on an improvement in the world economic growth. The demand is forecast to recover marginally to 23.5 million tonnes in 2009-10.