Defer cotton exports till January: Textile industry

The textile industry has asked the government to defer raw cotton exports till January 2011 to ensure availability for the domestic market, following reports of less than adequate carry-over stock in 2010-11.

The demand comes at a time when estimates suggest that cotton production will be 10.17 per cent higher at 32.5 million bales, while domestic demand is pegged at 26.6 million bales. A group of ministers is expected to meet this week to decide on cotton export.

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