India cotton arrivals drop 24.3pct to 10.1mln bales
1/5/2012 12:43:29 PM
MUMBAI: Cotton arrivals in India until Dec. 31 in the current season fell 24.3 percent to 10.13 million bales of 170 kg each, Cotton Corporation of India Ltd said on Wednesday, as farmers in the key Maharashtra state were holding back their produce.
Cotton arrivals were 13.39 million bales a year earlier, the state-run agency said in a statement. The Indian cotton year runs from October to September.
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