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    Cotton Spot Prices In India Are Up &Nbsp, And Export Quotas Are Hard To Increase.

    2011/1/27 10:41:00 52

    India Cotton Export Cap

    In January 25th, with ICE cotton futures reaching its highest level, the A index reached a record high of 190.70 cents / pound.

    Driven by this, cotton prices in the world's major spot markets, such as Pakistan, China and the United States, have risen sharply.

    According to the tracking results of the 13 cotton spot prices in India, the price of all varieties on the day rose to a record.

    Among them, the Shankar-6 paction price rose 2300 rupees, to 47100 rupees / candle's highest record.


    Although this year

    India

    The new flower market is expected to set a record. But last weekend, India textile Ministry said that the government would not allow this year to stabilize domestic cotton prices.

    Cotton export cap

    More than 935 thousand tons.

    Data show that this year's India government's restrictive measures have not played a significant role.

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    Read the next article

    Domestic Cotton Picking Basically Ended &Nbsp; Total Production Is Expected To Be 6 Million 650 Thousand Tons.

    China Cotton Association data survey shows that in December, cotton picking in China basically ended and output was not adjusted. The total output of the country was 6 million 650 thousand tons, compared with that of the previous year, a decrease of 2.1% compared with the previous year.

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