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