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Spinning mills likely to revive with trending lower cotton prices

Related Keywords: after a long-drawn struggle, big concern for cotton growers, both domestic and global conditions, cotton prices in india, likely to remain low, recent months, Sankar-6 grade cotton is selling far lower, spinners finding going good, supporting a downtrend in cotton prices., trending lower

Cotton prices in India have been trending lower in recent months and it is likely to remain low for a while for several reasons which is a big concern for cotton growers, but spinners are finding the going good after a long-drawn struggle endured over many quarters. Sankar-6 grade cotton is selling at Rs107 per kg, far lower than the high of Rs130-140 per kg touched in August.

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