Related Keywords: bales, CCI, cotton, cotton grower, cotton season, cotton trading, fibre, ginning, harvesting, mandis, medium-staple fibre cotton, National Agriculture Market
The CCI has started arrangements for ginning and storage of cotton for the ensuing harvesting season. The central government had newly lifted the MSP on medium-staple fibre cotton by 28% to Rs 5,150 per quintal and long-staple by 26% to Rs 5,450. Traders expect that the hike would help firm up prices in India compared to the last season, when those were lower compared with the global market.
