Related Keywords: buyers look to other markets, CCI, cotton bales, driven up prices higher, ICAC, lack of demand in apparels industry Cotton prices across India, ruling high on subdued arrivals, Supply crunch, Textile Industry, than international prices, traders unable to meet obligations
The supply crunch in the textile industry had driven up prices higher than international prices and since the traders are unable to meet obligations, buyers could look to other markets. Cotton prices across the country are ruling high on subdued arrivals.
The lack of demand in the apparels industry has also impacted arrivals and although farmers are getting high prices, they prefer to hold back because of the currency shortage in the market.
