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India'S Ban On Cotton Exports Has Led To Different Reactions.

2012/3/9 9:28:00 20

Cotton Price Of Textile And Clothing

The decision of the India government to ban cotton exports has led to different reactions from various textile and clothing organizations.


The government of India banned cotton exports until the time it was notified again, because it was worried that the domestic market might be short of cotton and India's exports.

market

Worried about cotton stored in warehouses.


The India Textile Industry Federation (CITI) said the government's ban on cotton exports was surprising.

Nair, Secretary General of the Federation, said that there is enough cotton supply to meet current demand, and demand is falling both locally and internationally.


On the other hand, the India government's action to ban cotton exports has been welcomed by the AEPC.

Mr. Sachs Weil, President of the India garment export promotion association, said that the ban on cotton exports helped promote value-added projects, such as clothing exports and exports.

Raw cotton

Projects, export value-added projects can bring more revenue.


Mr. Sachs Weil added that the policy attack will ensure that textile factories have enough raw materials to supply, so that clothing exports can be promoted in the future.

The ban on raw cotton exports can guarantee India's competition in garment exports with other countries, such as Bangladesh.


The Rupp Exporters Association (TEA) welcomes the decision of the Ministry of Commerce to ban cotton exports.


The Rupp Exporters Association believes that the government's decision is a positive step to help restore the textile industry, and cotton is the main raw material for the textile industry.

Cotton export ban will be banned.

Cut down

Cotton prices and reasonable cotton prices will soon appear in the local market.


In addition, agricultural steps Paavo strongly opposed the government's decision to ban cotton exports. He said cotton growers in Gujarat, central, and Ande Laban were greatly affected because traders in these States had stopped purchasing cotton.


Paavo sent a letter to Premier Singer, seeking Prime Minister Singer's intervention in this matter and demanding immediate lifting of the decision to ban cotton exports.


According to the estimation of the Ministry of agriculture, the export of cotton in India in the current cotton season (10-2012 2011 September) is about 34 million packages (1 =170 kg), which is lower than the 34 million 500 thousand package forecast previously.


By February 2012, India exported 9 million 100 thousand bales of cotton, and the estimated export volume of cotton was 8 million 400 thousand bales throughout the whole season, according to the Ministry of textiles.

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