India extends QCO on cotton bales for 3 months, respite to industry


India extends QCO on cotton bales for 3 months, respite to industry

Pic: Shutterstock.com


The Indian government has extended the QCO for cotton bales by 3 months to November 27, 2023.
The decision responds to concerns from ginning mills and industry organisations like the CAI over the stringent standards required, preparation, and the potential disruption to cotton arrival.
Indian ginners, mostly in the MSME category, welcomed the extension.



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