The government extended the exemption of import duty on raw cotton (HS 5201) until December 31, 2025, aimed at supporting the domestic textile sector and exporters.
The duty waiver, first introduced on Aug 19, 2025, was earlier set to expire on Sep 30, 2025.
Imports normally attract an 11% duty, including agriculture cess.
The extension ensures adequate cotton availability, easing supply constraints and giving Indian mills access to globally competitive raw material.
A formal notification will be issued shortly.
Technical Bullish Projection
Trigger: Daily close above 457 (ChoCh) confirms reversal.
Targets:
497.70 – Premium Price (Target 1)
539.90 – Major Supply Zone (Target 2)
Supports: 445 – 450 (near-term), 399 – 383 (discount re-entry).
Bias: Bullish only if daily close > 457; else risk of retest 445–430.
Disclaimer: lnkd.in/gJJDnvn2
The duty waiver, first introduced on Aug 19, 2025, was earlier set to expire on Sep 30, 2025.
Imports normally attract an 11% duty, including agriculture cess.
The extension ensures adequate cotton availability, easing supply constraints and giving Indian mills access to globally competitive raw material.
A formal notification will be issued shortly.
Technical Bullish Projection
Trigger: Daily close above 457 (ChoCh) confirms reversal.
Targets:
497.70 – Premium Price (Target 1)
539.90 – Major Supply Zone (Target 2)
Supports: 445 – 450 (near-term), 399 – 383 (discount re-entry).
Bias: Bullish only if daily close > 457; else risk of retest 445–430.
Disclaimer: lnkd.in/gJJDnvn2
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