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Cotton Advisory Board News

Cotton exports cap issue gets complicated
The contentious issue of lifting the cap on cotton exports, which has been hanging fire for long, has got further entangled. The Cotton Advisory Board (CAB) has lowered its 2010-11 crop estimate to 31.2 million bales (1 bale = 170 kilogram), from 32.9 million bales estimated in February. The issue hangs in balance since the agriculture ministry wants the cap on cotton exports, fixed at 5.5 million