In past three months, Cotton prices has risen more than 30% in major markets of the country. In such situation, Cotton imports are expected to double this year and India may import cotton from Pakistan, West Africa, Brazil and Australia. The NCDEX price of 29 mm cotton ex-warehouse in Rajkot increased 32% to Rs 20,727 per bale in July from Rs. 15,704 per bale on April 2016.
