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

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COTTON-Case for New Approach to Exports

THE 1989-90 cotton season has less than three months more to go. But the market's overall behaviour provides little indication of the proximity of the lean period ahead. Cotton prices have no doubt been displaying a hardening tendency since about the end of April and have moved up by Rs 100 to Rs 650 per candy (1 percent to 14.7 per cent) depending on the variety. But all prices are slill well below their half-way marks between the season's highs and subsequent lows. And compared with the prices which prevailed a year ago (on June 4, 1989) they are much lower. Bengal Deshi is cheaper by 20 per cent, DCH-32 (Karnataka) by 20.4 per cent, J-34 (SO) by 17.6 per cent, H-777 (SG) by 16.6 per cent, Sankar-6 by 9.5 per cent and H-4(MP)by 1.4 percent.

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