India Bans Cotton Exports; Global Prices Jump

05/03/2012 at 11:20 am Leave a comment

(Reuters) – India banned cotton exports with immediate effect on Monday to ensure supplies for domestic mills, boosting global prices some 4.5 percent as the absence of shipments from the world’s second-largest producer might tighten a market facing weak demand. Read the full story here.

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Entry filed under: Agriculture, Cotton, Economy, Farming, Textiles. Tags: , , , , , , .

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