India curbs may fuel cotton rally

6 September 2010, 11:00 am

MUMBAI: Global cotton prices are likely to continue their rally as India, the world's second biggest exporter, restricts exports to soften local prices even though the country is expecting a record crop, industry officials said. The south Asian country will only allow cotton exports of up to 5.5 million bales (1 Indian bale = 170 kg) in 2010/11 starting October 1, Trade Secretary Rahul Khullar ...... Read More »

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