Putting off cotton buying only solution to foresee price lower in near future by textile mills

Related Keywords: cotton buying, cotton export, cotton price, cotton season, cotton yarn export, ICAC report, new crop arrive, Oswal, spinner, textile mill

Mumbai
Putting off cotton buying only solution to foresee price lower in near future by
Summary: 
Textiles mills and spinners has decided put off buying cotton and has taken to wait-and-watch approach to stocking the commodity, as they feel that when new crop arrives in a couple of month, supply will improve and prices will drop.

Textiles mills and spinners has decided put off buying cotton and has taken to wait-and-watch approach to stocking the commodity, as they feel that when new crop arrives in a couple of month, supply will improve and prices will drop.
 

http://www.business-standard.com/article/markets/textile-mills-spinners-postpone-cotton-buying-as-prices-are-expected-to-fall-114080601083_1.html
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