Related Keywords: cotton export, cotton prices, cotton production, dull deman, ICF, new cotton arrival, reduced imports from China, Shankar-6 variety, SIMA, staple cotton, zero forward deals
Almost zero forward deals with exporters seen this season as China reduced its imports from India, record-high acreage as well as cotton production, along with dull demand from mills has resulted in fall in cotton prices and it will be the lowest in last one year.
Cotton prices have fallen to the lowest levels in the current cotton year (October 2013-September 2014), at Rs 33,000-34,000 a candy (356 kg). Demand for cotton in terms of exports will also be low.
