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The India Government Meeting Will Decide To Abolish The Cotton Export Ban.

2011/6/8 11:14:00 54

India Government Cotton Export Ban Cotton Price

Ahmed Patel, political secretary of India's senior leader and congressional chairman Sonia Gandhi, said today that the India ministerial group will hold a meeting in June 7th, and the meeting will be decided to cancel.

Cotton export ban

This is the Gujarat farmers.

Cotton ginning factory

The requirements put forward.


Patel said, "last night, I discussed this issue with the finance minister of the alliance, Mukherjee, and the farmers and ginning merchants in Gujarat said that because the export volume was limited to 5 million 500 thousand bags, they had caused a lot of difficulties."


Patel said he supported the farmers' request and agreed to export 1 million 500 thousand bags in Gujarat as a special case.

cotton

Because the state's cotton production accounts for 1/3 of India's total output.

This year, Gujarat produces 10 million 455 thousand bales of cotton (170 kg / bag).


Cotton prices have fallen sharply in the domestic market in recent months, and farmers have been hit hard. They do not have any mechanical devices to store cotton and can only be forced to sell cotton at a low price.

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