Interviews
Gujarat ginners welcome lifting of cotton export ban
10 May '12
1 min read
Ginners in western Indian state of Gujarat have welcomed the Union Government's decision to completely lift the ban on cotton exports.
The lifting of the ban on cotton exports from India has driven the prices of cotton upwards in the domestic markets, Anand Popat, Secretary of Saurashtra Ginners Association (SGA), said.
In the next two to three months time, the price of raw cotton in Gujarat would touch Rs. 4,500 per quintal, Mr. Popat said.
India had imposed a ban on cotton exports in March this year over concerns about shortfalls in supply for the domestic textile industry during the latter part of the season.
However, after a review of the situation, the Government reversed the ban allowing companies and traders to resume their cotton shipments abroad.
The lifting of the ban on cotton exports from India has driven the prices of cotton upwards in the domestic markets, Anand Popat, Secretary of Saurashtra Ginners Association (SGA), said.
In the next two to three months time, the price of raw cotton in Gujarat would touch Rs. 4,500 per quintal, Mr. Popat said.
India had imposed a ban on cotton exports in March this year over concerns about shortfalls in supply for the domestic textile industry during the latter part of the season.
However, after a review of the situation, the Government reversed the ban allowing companies and traders to resume their cotton shipments abroad.
Fibre2fashion News Desk - India
Popular News
Leave your Comments
Yohan Lawrence
Joint Apparel Association Forum (JAAFSL)
Dr. Michael Duetsch & Man Woo Lee
UPM Biochemicals and Dongsung Chemical
Salvatore Piccione
Label - Salvatore Piccione
Esteemed Clients
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Telangana State Industrial Infrastructure Corporation Limited (TSllC Ltd)")
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Taiwan Textile Federation (TTF)")
