Saturday, 2 April 2011
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Cotton Drops on India's Yarn-Export Plan; Orange Juice Rises
Cotton declined for the fifth time in six sessions after India, the world's second-biggest producer, lifted restrictions on yarn exports. Orange juice gained. The trade ministry yesterday said overseas yarn shipments no longer needed government permission. On Dec. 1, India said it was capping such exports at 720,000 metric tons in the year ending Sept. 30 to bolster domestic supplies. "This
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