Symbol: COTTON| Contract: Feb, 2015| Category: Fiber
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Cotton's Latest News
India's cotton and apparel exports are set to climb by around 10 per cent this year as higher wages, political instability and concerns about workplace conditions in other producing markets steer international buyers toward Indian exporters, industry...
A sharp drop in cotton prices overseas and a weak monsoon have raised India's imports in recent weeks, which could lift shipments more than 25 per cent above the official forecast for this season ending September and help support cotton futures.
Like 27-year old Patil, millions of Indian farmers are hoping rains will strengthen in the next two weeks so they can grow rice, soybean, cotton, pulses and some vegetables - summer crops that account for 7.5 per cent of the country's economy.
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|BRENT CRUDE OIL||11-02-2015||8.46%|
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