Faced with a huge rise in cotton prices, the South India Small Spinners Association has urged the Centre to ban export of raw cotton.
Sisspa president R Kuppusamy said in a statement that cotton export decisions were being made without assessing the availability of cotton stocks in the country. Moreover, the differences in projected cotton crop and actual arrivals in the market are not being considered before cotton export is cleared. Middlemen were creating an 'artificial' scarcity to push up prices, the
statement said.