More Than 5000 Cotton Merchants In India Hold A Two Day Strike.
More than 5000 cotton gimers from the India plan to hold a two day strike on Tuesday to protest the decline in the lowest supporting prices and export distribution. A former Minister of Gujarat in India said that any adjustment in the minimum supporting price of cotton will fight cotton growers' confidence in planting cotton. The appropriate minimum supporting price is very important for stabilizing cotton growers.
The cotton mill has called for a two day strike starting today to protest against the government's raising the minimum price of cotton support by more than 40% and the decline in export distribution. The minimum supporting price of cotton is 575 rupees /20 kg. Exports are expected to drop to 150 thousand packages, with exports of 1 million 300 thousand packages in the same period last year, as a result of the global market downturn. Industry insiders say cotton prices have dropped to about 22000 rupees / bags in the international market, and the production cost of cotton has risen to about 240000 rupees / bags, which is due to the higher cotton minimum supporting price.
- Related reading
- I want to break the news. | Wang Junhong: Younger, Only A Ticket For The Times.
- Industry Overview | New Process Of Converting Carpet Into Functional Clothing Fiber
- Industry Overview | Finland Launches Infrared Sensor Technology To Classify Waste Textiles
- Industry Overview | 江蘇減稅降費(fèi)助力紡織產(chǎn)業(yè)加快轉(zhuǎn)型
- Industry Overview | Innovation In Traditional Textile Industry: Advancing Towards Fashion And Creative Industry
- Industry Overview | International Olympic Committee Sports Apparel Supplier Anta Sports Rose 2.42% High
- Industry Overview | 國(guó)產(chǎn)運(yùn)動(dòng)服裝品牌要念好“時(shí)尚經(jīng)”
- Industry Overview | 韓國(guó)放棄開(kāi)發(fā)中國(guó)家地位 學(xué)者：可能掀放棄潮
- Industry Overview | The Korean Government'S Position And Direction In Identifying The Status Of WTO In Developing China
- Industry Overview | Lanmei Six Textile And Garment Industry Capacity Cooperation Officially Set Sail
- Textile Raw Materials: Australian Wool Market Closed Up 2.3%
- Global Cotton Market Continues To Fall And Market Psychology Has Recovered
- Relying On Regional Brand Three Healthy Development Of Bird Towel
- Anhui East To Seed Cotton Market Active Seed Cotton Prices Remain Stable
- Dislocation Of Downstream Polyurethane Industry Upgrading
- Bayer Polyurethane Joint Venture Moved To Dubai
- Argentina Formulating Detailed Plans To Save Leather Processing Industry
- Zhuhai Is Forbidden To Develop High Pollution Projects Such As Tanning.
- Shoe Enterprises Focus On The Extension And Integration Of The Industrial Chain
- Sharp Reduction In Overseas Orders And Demand For Layoffs In Perak Shoe Enterprises