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India'S Proactive Policy Can Bring Stability To Cotton And Yarn Prices.

2011/5/25 10:06:00 27

India Policy Stability

Media reports say India

Spin

The factory shut down in May 23, 2011 to protest the cancellation of incentives and cuts.

Cotton yarn

Exit.

Of the more than 3300 textile factories registered, 1998 factories reported that they had been involved in the stoppage.


The export of cotton yarn has been implemented since April 1, 2011, and the export of yarn has not been cut.


Last year, the supply line was interrupted by cotton and cotton yarn.

Price

In the context of a sharp rise, the government of India took the initiative to take measures to ensure the textile industry.

Raw material

Safety.

Under such circumstances, it is necessary to balance the interests of all the stakeholders in the entire value chain, and adopt a variety of methods, including limiting the export of cotton in the 2010-11 cotton season to 5 million 500 thousand packs, and allowing the export of 720 million kilograms of yarn in the 2010-11 cotton season.

The yarn is exported throughout the year.


In order to ensure that the handloom weaving machines, power looms and cotton producers are responsible for the supply of cotton yarn at high cotton prices, the government of India restricted the export of cotton yarn in the 2010-11 cotton season to 720 million kilograms, taking into account domestic consumption.


With the implementation of the proactive policy, results have already been made, and the price of cotton and yarn has been stabilized to a certain extent.

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