Related Keywords: bales, China, cotton, export, import, India, trade, United States, USDA
Having inked contracts at much higher rates earlier, importers here are staring at a loss.
The continued stand-off between the US and China over trade tariffs has created uncertainty in the Indian cotton market. After international cotton prices slipped by over 16 per cent over the past month, Indian cotton importers are staring at a loss and are looking to rework import contracts.