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Price Soars for India’s Cotton Yarn; Spinners Suffer As Orders Decline

In the wake of India’s costlier cotton yarns, bargain-hunting end users have gone elsewhere for sources, notably, Bangladesh, Cambodia, Pakistan, China, and Indonesia.

More orders will be lost to these countries if costs are not controlled, according to Mr. Mathivanan. Oddly, there is no relation between the price of cotton and cotton yarn….

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