He continues: trade restrictions

As per the new policy should be made applicable from 1 April, the Chinese government has lowered the bids of cotton to 17,250 trade restrictions yuan per ton, down 4.2 percent from the current floor price of 18,000 yuan per ton, a move that can only hinder China's demand for Indian raw cotton.
The new policy also requires that Chinese buyers who buy four bales of cotton from the reserve of the State, shall be allowed to import only one bale of raw cotton trade restrictions to reduced rates. In politics came out last year, the ratio was 3:1.
"In anticipation of the new policy, cotton Chinese buyers had already trade restrictions reduced purchases in the last two months. However, the impact will be felt primarily by other countries in the export of cotton rather than in India, "Mr. Vishwanathan, Secretary of the Federation of Indian cotton fibre2fashion said.
He continues: trade restrictions "Since India alone consumes a good volume trade restrictions of cotton, so even if the Chinese shot down on their imports, there will be a large impact on the cotton sector in India. Nor do I see any impact on the prices of Indian cotton. "
"China has also imported cotton added to its reserves and if buyers do not have to pay import duty on imported trade restrictions cotton this could mean lower demand for Indian cotton," Mr. Anand Popat, Secretary of Saurashtra ginners Association informs.
He adds: "At the same time, if the Chinese importers do not have to pay duty on a bale that they are allowed to be imported, the four bales they buy from the reserves, then do not anticipate trade restrictions any reduction in demand trade restrictions for Indian cotton."
According to a recent USDA estimates, China will hold 60% of global cotton stocks trade restrictions at the end of the 2013-14 cotton season, which is equivalent to 163% of its annual consumption. Correspondingly, trade restrictions India's second-largest consumer of cotton will hold only 11% of the world's cotton, the report added.
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