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Farmers worried as cotton prices plunge amid cuts in import duty
Hindustan Times Navi Mumbai
|October 20, 2025
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.
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.
Farmer organisations have alleged that imports have quickened in view of the exemption and a flood of cheap imported fibre is poised to cause heavy losses in a year of good monsoon.
Denne historien er fra October 20, 2025-utgaven av Hindustan Times Navi Mumbai.
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FLERE HISTORIER FRA Hindustan Times Navi Mumbai
Hindustan Times Navi Mumbai
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