Cotton purchase suspended till November 22 - ECAS Punjab

Cotton purchase suspended till November 22

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Abohar, November 17

The Cotton Corporation of India (CCI) has suspended the purchase of cotton till November 22.

The decision was taken after 2,500 cotton bales and unprocessed cotton worth Rs 5 crore were gutted on Sunday. It is learnt that firecrackers hit the stacks in the uncovered area in Bansal Industries on the old Fazilka road here. Sources in the CCI said about 30,000 bales of ginned and pressed cotton and 15,000 quintal of unprocessed cotton produce were kept in 11 cotton factories, adding that arrangements for shifting the bales to covered godowns were yet to be made. — OC

from The Tribune

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