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As the world's second biggest exporter of cotton behind the U.S., India has quite a grip on the world market for that commodity and it has certainly proved it in the last several days. On March 5, India announced that it was banning all cotton
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Raw cotton prices have been at an all time high for a while now. While the rise in raw material prices is being passed on to the end customers, untimely rains, rumours over export policy and weak cotton futures has led to a great amount of
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Penney, Gap and other retailers may have to pay Chinese suppliers as much as 30 percent more for clothes as surging cotton prices boost costs...Penney, Gap and other retailers may have to pay Chinese suppliers as much as 30 percent more for clothes
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