The Governor Of Gujarat In India Asked The Government To Cancel The Cotton Export Ban Immediately.
Narendra Modi, governor of Gujarat, India (Mr. Narendra Modi) said that the export policy of the federal government of India was anti peasant policy, and he had written to India's prime minister, Mr. (Mr. Manmohan).
Gujarat is the largest cotton producing country in India.
Mr. Modi's letter insisted that the India government should cancel immediately.
Cotton export
Prohibition.
The governor of Gujarat also asked the country to export 1 million bales of cotton, 170 kilos per pack.
He said international cotton prices are rising, but India is opposed to exports, causing prices to continue to decline.
In his letter, he pointed out that cotton producers did not.
Cotton storage
Therefore, they were forced to sell cotton at a lower price.
He said that the price of BT cotton San card 6 has dropped from 62500 rupees / candy earlier to 44000 rupees / candy, while the staple V797 cotton price has dropped to 25000 rupees from 50000 rupees earlier.
BT raw cotton
The price was 7250 rupees, but now it is down 40%.
The governor also pointed out that although the output was 29 million 500 thousand bales last year, the number of approved exports was 8 million 500 thousand packages, and this year's output reached 33 million packs, while the approved export quota was only 5 million 500 thousand packages.
According to the latest estimates from the Cotton Advisory Committee of India, Gujarat is expected to produce 10 million 200 thousand bales (10 million 200 thousand bales) of cotton, weighing 170 kilos a packet, which is 1/3 of India's 31 million 200 thousand package total and 170 kg per pack.
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