News > India's cotton exports stall as farmers delay sales for higher prices
India's cotton exports stall as farmers delay sales for higher prices
Business Standard | 24/11/2022 08:07 AM | Click to read full article
"Harvesting of the new crop started last month, but many farmers are not willing to sell. They are holding crop hoping prices would rise like the last season," said Atul Ganatra, president of the Cotton Association of India (CAI). Cotton prices hit a record high of rupees 52,410 rupees per 170 kg in June, tracking a rally in global prices and as production fell.