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In the year
2015-2016, the prices of cotton have risen unexpectedly and this has caught the
Cotton Spinning Industry, completely off guard. So much so, that the cotton
stocks with the manufacturers and suppliers were fairly low, which in turn,
will lead to the overall decline in domestic output by double digits. As of
now, the industry is expecting a heavy crush of profit margins, due to the
increasing imbalance between the supply and demand. To make things worse, the
new arrival of the crop will also be delayed this year due to the late sowing
of cotton.
