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Textiles

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  • *Traders estimate India has about 2.8 mln bales of stocks. But that picture could change after India said on Wednesday the state-run Cotton Corp of India would offload stocks in the open market.

  • *China seen as not increasing yarn import duty. SINGAPORE, March 21- Chinese cotton industry officials downplayed the impact of the country's ballooning reserves on Thursday, a day after prices in New York fell more than 2 percent on plans by China and fellow Asian giant India to sell down stockpiles of the fiber.

  • *China seen as not increasing yarn import duty. SINGAPORE, March 21- Chinese cotton industry officials downplayed the impact of the country's ballooning reserves on Thursday, a day after prices in New York fell more than 2 percent on plans by China and fellow Asian giant India to sell down stockpiles of the fiber.