| 03.12.2009 - Global cotton prices may rise in 2009-10 due to lower supply |
| From Indiatimes.com: Global cotton prices are likely to rise by nine per cent to 67 cents per pound in the 2009-10 season due to shrinking global stocks and increasing consumption, the International Cotton Advisory Committee (ICAC) said today. Increase in global cotton rates will add to the woes of the domestic garment industry, reeling under falling demand from importers and high domestic cotton prices................................Full Article: Source |