| CCI may ramp up raw cotton purchase in north India, may support prices
06 Dec 23 2 min read
Insights
- CCI considers increasing raw cotton purchases in north India to stabilise prices.
- The suspension of cotton procurement led to protests in Punjab.
- Poor cotton quality in Punjab and Rajasthan, with up to 70 per cent sub-standard cotton in some areas, resulted from late rains and pink bollworm.
- Government-set MSPs range from ₹6,620 to ₹6,920 per quintal.
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