Sample of cotton consignments from India put on hold by Pakistan have been sent for tests. The decision will help other cotton suppliers such as Brazil and the United States to increase exports to Pakistan. “Officially there is nothing on the record, but on the ground, there is an unannounced ban on cotton imports from India,” said Ihsan ul Haq, chairman of Pakistan Cotton Ginners Forum. Last year, Pakistan bought 2.7 million bales from India and supported Indian cotton prices at a time when China was cutting imports, traders said. Along with Pakistan, India mostly exports cotton to Bangladesh, China, Vietnam and Indonesia.
Source: Mint November 30, 2016 10:56 UTC