Marking Time

January 20, 1968 the issue of hedge trading soon after the announcement of decontrol from the beginning of the season. But quite apparently, the Association had been looking for a more suitable opportunity. This has now been provided by the recent fall in prices. Cotton prices have come down by Rs 75 to Rs 200 per candy from the record high levels reached during the last few months of 1967. Prices are expected to ease further with the progress of the marketing season, The movement of Gujarat cotton will be getting into full swing very soon. Foreign cottons have also started arriving and there have been reports of US short staple cotton being sold at a considerable loss.