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Related Keywords: domestic cotton industry, good quality cotton, Merchants Chamber of Commerce and Industry, Shankar 6, Suvin cotton, Textile Industry, Textile Ministry, Union Textile Minister

According to Sanjay K Jain, Chairman of Confederation of Indian Textile Industry and board member, Cotton Association of India, the matter is currently under deliberation. “The Suvin cotton produced in Tamil Nadu and Shankar 6 produced in Gujarat are both good quality cotton and can be projected as a global brand. The matter is in the deliberation stage,” he told at the session.

The proposal, once ready, would be placed before the Textile Ministry as well as the Commerce Ministry, Jain said. He however was unable to give a timeline for the same.

Related Keywords: booked imported cotton, cotton bales, current crop, decreasing supplies remaining with ginner, domestic textile industry, good quality cotton, increase in domestic cotton prices, kapas, lint price, needy mills, Punjab cotton market, ready cotton market, seedcotton, Sindh market

With decreasing supplies of good quality cotton from the current corp (August 2014/July 2015) remaining with the ginners, a further increase was seen in domestic cotton prices on Thursday. In fact, the price for the very meager seedcotton (kapas / phutti) remaining in the market in Sindh reportedly ranged from Rs 1,800 to Rs 2,400 per 40 kgs, while in the Punjab the seedcotton rates were said to have extended from Rs 2,000 to 2,700 per 40 kilogrammes, as per the quality.