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Cotton, yarn, rajma trade with China comes to a halt

Cotton, yarn, rajma trade with China comes to a halt

Tuesday, February 11, 2020, 1:15 PM

Cotton and yarn prices have fallen by 4% while rajma prices have increased by 8% in the past 10 days due to market uncertainty after the outbreak of coronavirus in China. Prices are expected to remain volatile in the short-term before a clear picture emerges, industry bodies and traders said. As per industry estimates, India annually imports 50% of its rajma requirement from China.
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