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Farmers worried as cotton prices plunge amid cuts in import duty

October 20, 2025

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Hindustan Times Amritsar

India's decision to suspend a duty on cotton imports to allow for cheaper inbound shipments has caused prices to crash in a year of anticipated robust output, farmers and growers' unions have said.

- Zia Haq

Farmers worried as cotton prices plunge amid cuts in import duty

Farmers with their crop at a grain market in Bathinda. On August 19, the Centre had suspended 11% customs duties on raw cotton import to help cushion a textile industry battered by losses.

(HT FILE)

In several states, including Maharashtra and Punjab, cotton is selling between ₹6,700-7,000 on average against a federally fixed floor rate of ₹8,110 (long staple variety) per quintal, data compiled at mandi (market yards) for the week ending on Saturday showed.

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