Policy Shift Balances Resin Imports, Cotton Demands, and Sugar Stocks

Published

To protect domestic manufacturing, the Directorate General of Foreign Trade (DGFT) imposed a Minimum Import Price (MIP) of $0.766 per kg on Suspension Grade Polyvinyl Chloride (S-PVC) resin imports to curb low-cost inflows, affecting downstream MSMEs as India relies on imports for nearly 64% of its domestic S-PVC consumption. Simultaneously, the Cotton Association of India (CAI) revised its cotton import estimates upward to a record 60 lakh bales for the 2025–26 season to fulfill expanding textile industry demands while lowering export estimates. Further stabilizing essential commodities, the Food Ministry curbed sugarcane juice diversion for ethanol production and initiated physical inventory audits across sugar mills to secure domestic stocks and prevent price inflation ahead of the festive season.

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