Agri Business

SISPA appeals to Cotton Corporation to ensure quality cotton supply

L N Revathy Coimbatore | Updated on March 23, 2013

The South India Spinners Association (SISPA) has appealed to the Cotton Corporation of India (CCI) to ensure adequate supply of quality cotton at a stable price to the domestic industry throughout the year.

SISPA President K Thirunavukarasu has in a communication to the Chairman of CCI explained the precarious position of the mill sector in the aftermath of the spiralling price of cotton.

‘Cotton prices have soared to unbelievable levels in the last fortnight. Since the member mills under SISPA come under the SME sector, we have been severely affected as the traders and MNCs are not offering cotton to this sector and quality cotton is not available at reasonable rates to the domestic spinning sector.’

He appealed to the CCI Chairman to release adequate quantity of cotton in the domestic market, both to stabilise the price as also ensure adequate supply.

Published on March 23, 2013

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