Related Keywords: domestic supplies dwindle. Cotton imports this season, GST, highest so far having crossed the thirty to thrity five lakh bale mark, Indian mills began importing in January, limited supplies, local market trends, local prices jumped, settled by mills in South India, some of the contracts cancelled, usually done in second half of crop year
Indian mills has began importing in January as local prices jumped due to limited supplies which is usually done in the second half of the crop year as domestic supplies dwindle. Cotton imports this season have been the highest so far having crossed the 30-35 lakh bale mark. However, according to market reports, some of the contracts are now being cancelled or settled by mills in South India due to local market trends and GST.
