ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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Diversified but Not Big...

growing. Cotton production has still to reach the target of 65 lakh bales originally set for the Second Plan. Market-wise, there is very little to report this week, There have been no important net changes in prices over the week. Turnover has been poor. Quality cottons continue to be in demand, and business seems to be restricted only by the volume of offerings. Both industry and the trade continue to complain about financial stringency due to credit curbs. But oddly enough, cloth and cotton prices have continued to hold firm. Despite the shortage of cotton, one comes across reports about the accumulation of cotton stocks in upcountry centres

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