403
Sorry!!
Error! We're sorry, but the page you were looking for doesn't exist.
Govt Weighs Export Floor Price For Cotton Yarn To Ensure Domestic Supplies
(MENAFN- Live Mint) New Delhi: In a first, the government is vetting a proposal to levy a minimum export price (MEP) on cotton yarn to ensure local availability and protect domestic textile manufacturers from a sharp rise in raw-material costs, two people aware of the matter said.
The move comes against the backdrop of a surge in cotton yarn prices following US restrictions on cotton originating from China's Xinjiang region, where Washington alleges that Uyghurs and other ethnic minorities are subjected to forced labour.
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept any
responsibility or liability for the accuracy, content, images, videos,
licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright issues
related to this article, kindly contact the provider above.
Comments
No comment