Tag: agri commodity news
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India’s cotton import bill swells to USD 17.9 billion in April-January
Duty relief and tight domestic supply push mills towards overseas cotton Rising imports may pressure domestic prices but support spinning margins India’s cotton import bill touched about USD 17.9 billion during April-January of the current financial year, as reported. This sharp rise signals a major shift in India’s cotton trade balance. Traditionally a net exporter,…