ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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PETROLEUM PRODUCTS-Growing Deficit

of cotton and the unsold stock with the Maharashtra federation was 2.98 lakh bales, the balance of the cotton was held by the trade and mills. Market-wise, the distribution of stocks has important implications with trade in a strong position to dictate prices. If despite the relatively small carryover stock and shortage of quality cotton, cotton prices at the fag-end of the season are keeping below their season's highest levels recorded in January/February, it is mainly because of general expectations of a bumper crop in 1983-89.

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