2023.04.20 09:31Its total imports are expected to rise Its total imports are expected to rise 38 per cent to 80-90 lakh bales in 2018-19 as it needs to shore up depleting domestic reserves.During the current 2017-18 year, China is scheduled to import 25 lakh bales of cotton from the US."China’s move to impose duty on US cotton shipments will help us," Atul Ganatra, president of the...
2023.04.20 09:22The discount will be available for bulkThe industry is also concerned about the quality of the cotton as the CCI has offered discount on what it procured in 2018-19.Chennai: Stuck with expensive stocks, Cotton Corporation of India has started offering a discount on bulk purchases by yarn mills. As the prices started falling due to sluggish demand, especially from cor...