By admin       2017-09-18

Expert Cotton industry has a better future: It is tarnishing the image of Indian cotton in the international market, said Kotak.Central as well as state governments should now frame regulations to prevent cotton contamination and mixing of cotton waste in the cotton. Kotak said that in the international market the cotton prices may range from 68 cents/lb to 75 cents/lb. The market price of cotton the coming season may range from Rs36500 to 42500 per candy (two units of 170kg each).It also means that the cotton price could reach 5000-5200 per quintal. It is a malpractice which needs to be ended to prevent the cotton economy from dwindling further, he added. "The prices also will depend on the political factors which have a bearing on the pricing of cotton," he said

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