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Indian cottonseed companies threatened a supply halt after New Delhi moved to lower the price of genetically modified cotton seed by 7.5 percent to 740 rupees per 450 grams. Seed makers said fuel, labour and chemical costs have risen sharply, squeezing margins.
The dispute over seed pricing could disrupt cotton seed supply and planting decisions, with only a limited direct effect on cottonseed meal prices.
reuters.comMayank BhardwajMar 8, 2018Not 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.
