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Rising price drive textile mills to imports cotton from W African countries

Related Keywords: arrivals continue to be high, depending on requirement, import cotton, Indian Texpreneurs Federation, individual import contracts, monitor the domestic and international prices regularly, price of cotton, prices gone up, Textile mills, this new cotton season, viable price level, west African countries

The price of cotton generally shoots up when the industry needs cotton and when the arrivals have come down in the market. But this year, just two months since new cotton season began and the prices of cotton have already gone up though arrivals continue to be high in the market.

This situation has driven as many as 43 textile mills in the State have come together and plan to import cotton from West African countries, depending on the requirement.

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