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Cotton: Winter of Discontent?
Chinas change in cotton policy kicked up dust in India and elsewhere, and though no sea change in global cotton scenario is expected, it triggered off a ripple effect in cotton circles
No drop in yarn export likely
India exported 1,082 million kgs of cotton yarn, valued at $3.75 billion in the first 10 months (April-January) of fiscal year 2013-14. It is estimated that cotton yarn export for the full fiscal year 2013-14 would be around 1,350 million kgs valued at $4.70 billion.
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