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The Indian government raised the maximum sale price of cottonseed by 5 percent for the first time since the 2015 Cotton Seed Price (Control) Order, setting Bollgard-II packets at ₹767 per 450 gm. Farmers' groups opposed the increase, while seed companies welcomed it.
Higher seed prices raise cotton production costs for Indian farmers, which may affect planting decisions and cottonseed supply, though the effect on feed-grade cottonseed meal prices is likely small.
thehindubusinessline.comKV KurmanathMar 31, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
