The benefit of five per cent incentive on exports of cotton given effect retrospectively from April 1, 2008, would not reach the intended beneficiaries, a top industry official has said. With the cotton season already over and most farmers having sold their produce, the aim of the government to provide relief ...

Cotton futures rose for the first time in five sessions on signs that demand in China, the world’s biggest consumer of the fiber, may be steady amid the global economy’s slump. The China Cotton Index delivered mill price has gained 4.2 percent this year as the country increased reserves, while futures ...