Tag «Cotton»

Weak rupee leads Indian trade body to lift cotton export estimate

Weak rupee leads Indian trade body to lift cotton export estimate

By Administrator_India Capital Sands India’s cotton exports could rise to 4.7 million bales in 2019/20, up 12% from the previous estimate, as a fall in the value of the rupee to a record low made shipments competitive, a trade body forecast. Higher exports by the world’s biggest cotton producer could put pressure on global prices, which are trading …