MCX Cotton futures fell by over Rs 700 to fall below 35,800. Cotton prices plunged to 6-month low in the domestic market. Cotton prices fell by more than 26% in a month. Get more Markets News and Business News on Zee Business.
International cotton prices have significantly fallen but brought little cheer to local spinners and garment manufacturers suffering from a drop in work orders from international retailers and brands.
Get latest articles and stories on India at LatestLY. Prime Minister Narendra Modi will tour Gujarat on Saturday during which he will visit a newly-built hospital, address a seminar of leaders of various cooperative institutions and inaugurate a Nano Urea (liquid) plant, his office said. India News | PM Will Visit Gujarat Saturday, to Address Seminar of Leaders of Cooperative Institutions.
The workers of spinning mills in western Tamil Nadu are in distress and facing difficulties as the mills in these areas are closed down for the past several days in protest to the rising cotton prices. 🇮🇳 Tamil Nadu Spinning Mill Workers in Distress Amid Strikes Due to Cotton Price Hike.