Monday, 16 May 2011
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Indian Cotton Traders Call for More Exports
NEW DELHI � Indian traders are demanding more cotton exports after local prices tumbled more than 25% in the past month, with cash-strapped textile mills slowing purchases, senior trade and industry officials said Monday. Domestic cotton prices fell to 44,000 rupees ($980.76) per 356 kilograms as of May 13 from 58,800 rupees a month ago. India, the world's second-largest cotton supplier, has
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