By admin       2018-10-22

COIMBATORE, OCTOBER 21 While advising the textile mills against panicking over purported reports of tight cotton stock position during the current season, Indian Cotton Federation (ICF) has appealed to the traders against speculating on the production of cotton and increasing the price of the white fibre. “During the last cotton season, the trade had projected a very tight closing stock, but in reality the stock was comfortable, which in turn helped in a downward correction of the price by ₹2,000- ₹46,500 during the end of season,” ICF President J Thulasidharan said.

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