Oct 11 (Reuters) - India has suspended the online process of registering cotton exports after receiving applications equal to the stipulated exportable surplus of 5.5 million cotton bales, said a statement on the Textile Commissioner's website on Monday.
The government has allowed exports of 5.5 million bales in 2010/11.The registration for 2010/11 season began on Oct. 1.
The statement further said export registration process may be resumed if exportable surplus quantity becomes available. See (here)
Cotton output in India is likely to jump to a record 35 million bales in 2010/11, higher than prior estimates of 32.5 million bales on better yields, a leading exporter said.