Related Keywords: falling cotton prices on 4-April-2018, influenced by sudden decline in New York cotton market, the Indian cotton market also suddenly came under pressure and closed Rs300 lower per candy (356kg)
As the trade war between US and China continues, the entire world trade parameters are also fast changing. According to reports China has imposed 25 pc duty on all imports including cotton from the United States. Soon after the announcement New York cotton prices came under pressure and closed lower in the range of US 2 to 3 cents per lb. The Indian cotton market also suddenly came under pressure and closed Rs300 lower per candy (356kg).Many world leading markets came under pressure after China imposed the import duty.
