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Duty-free cotton imports have been extended to December, adding pressure on India's domestic market. Cotton prices fell by Rs 500 to 600 per quintal as a result.
Cheaper duty-free imports weigh on domestic cotton prices and farmer margins in India. Cotton is not a tracked feed commodity here, so the direct feed price effect is limited.
Not 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.