Does anybody know how to track historical cotton candy prices in India?
This link provides current prices and a short history only – Cotton Rate, Today’s Cotton Price in India: Cotton News on Economic Times
All the hosiery players are having a very tough year due to incessantly falling cotton prices. They have been holding higher inventories while the sales price realizations have dropped in line with cotton prices. This has squeezed their margins significantly and also caused a volume stress due to distributors not wanting to take on additional stocks.
The reverse of this will happen when cotton candy prices start going up.
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