The Government Of India Announced That All Cotton Export Restrictions Should Be Lifted From October 1, 2010.
The government of India announced that all cotton export restrictions should be abolished from October 1, 2010, including export volume and 3% of export tariffs.
June 19th, according to India government officials, the India government announced that it would cancel all cotton export restrictions from October 1, 2010, including export volume and 3% of export tariffs.
India's cotton output is expected to reach a record high of 5 million 440 thousand tons in the year 2010/11, which is basically the same as the data released by the US Department of agriculture in June 11th, which will greatly increase the export supply of 2010/11 in the country.
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