India to Allow Unrestricted Cotton Exports after October 1.

Starting on September 1, the Indian government will once again begin registering cotton export contracts for the next marketing year, which begins October 1. Earlier this year, a US$53.56 per ton duty was levied on shipments, and exports were banned completely from May through September. The restrictions were imposed when the domestic price of cotton skyrocketed and there were fears that local textile manufacturers would not have enough raw material to meet demand.

Source: www.cotton247.com