Showing posts with label Cotton Textile India. Show all posts
Showing posts with label Cotton Textile India. Show all posts

Monday 15 August 2016

Excessive Surge in Pricing in Cotton Affecting the Indian Textile Exports

Cotton Textile India


In the year 2015-2016, the prices of cotton have risen unexpectedly and this has caught the Cotton Spinning Industry, completely off guard. So much so, that the cotton stocks with the manufacturers and suppliers were fairly low, which in turn, will lead to the overall decline in domestic output by double digits. As of now, the industry is expecting a heavy crush of profit margins, due to the increasing imbalance between the supply and demand. To make things worse, the new arrival of the crop will also be delayed this year due to the late sowing of cotton.