Cotton Association of India (CAI) has increased its consumption estimate for the current crop year by 5 lakh bales to 330 lakh bales of 170 kgs each from its previous estimate of 325 lakh bales of 170 kgs each.
Browsing: Cotton Association of India
Cotton Association of India (CAI) has increased its consumption estimate for the current crop year by 5 lakh bales to 330 lakh bales of 170 kgs each from its previous estimate of 325 lakh bales of 170 kgs each.
The government has asked the textile and apparel industry to make use of the excessive local cotton in order to support the farmers who have been hit by a surge in imports.
The government has asked the textile and apparel industry to make use of the excessive local cotton in order to support the farmers who have been hit by a surge in imports.
The Cotton Association of India (CAI) has written a letter to the Union Finance Minister Nirmala Sitharaman for the withdrawal of 10% customs duty imposed on cotton imports on February 2, 2021.
Even after the disruptions caused due to the lockdown, cotton prices are trading at all-time highs. This is because the demand for cotton has been strong and the Indian mills are holding more than 100 days of inventory.
Even after the disruptions caused due to the lockdown, cotton prices are trading at all-time highs. This is because the demand for cotton has been strong and the Indian mills are holding more than 100 days of inventory.