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Cotton Corpn. Purchases fibre at market rates for supply to industrial consumers

Even as the impact of the currency crunch has hit regular arrivals of cotton, the Cotton Corporation of India (CCI) has begun purchasing the fibre at market rates from various parts of the country to ensure adequate supplies for its customers in the textiles industry. The Cotton Advisory Board has pegged the output at 351 lakh bales for the 2016-17 season starting October. The Cotton Advisory Board has pegged the output at 351 lakh bales for the 2016-17 season starting October. Similarly, the International Cotton Advisory Committee expects the cotton output in India this year to remain unchanged from 2015-16, at 5.8 million tonnes.

The Cotton Association of India, the apex cotton trade body, expects the output to be around 336 lakh bales, marginally lower than last year’s 337.75 lakh bales. Even as cotton trades firm on lower arrivals due to the impact of the currency crunch, the Cotton Corporation of India (CCI) has begun purchasing the fibre at market rates from various parts of the country to ensure supplies for its customers in the textiles industry.

Similarly, the International Cotton Advisory Committee expects the cotton output in India this year to remain unchanged from 2015-16, at 5.8 million tonnes. The Cotton Advisory Board has pegged the output at 351 lakh bales for the 2016-17 season starting October. Similarly, the International Cotton Advisory Committee expects the cotton output in India this year to remain unchanged from 2015-16, at 5.8 million tonnes. The Cotton Association of India, the apex cotton trade body, expects the output to be around 336 lakh bales, marginally lower than last year’s 337.75 lakh bales. Even as cotton trades firm on lower arrivals due to the impact of the currency crunch, the Cotton Corporation of India (CCI) has begun purchasing the fibre at market rates from various parts of the country to ensure supplies for its customers in the textiles industry.

 
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