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Did you know the price of cotton is at a 15-year high?
If you find yourself wondering why, or what impact India's recent cotton export ban will have on the country's fair trade and organic cotton farmers, check out EcoSalon's post on the economics of cotton.
Here's a sampler from the post—the two thorny sides of the issue:
Some experts contend...that by restricting exports, cotton farmers (particularly organic and fair-trade growers) are not seeing any of the benefits enjoyed by the cotton traders. The organic and fair-trade cotton growers in India rely heavily on its export, and some believe that when times are good, these communities should be supported rather than punished.
On the other hand, some organizations support the banning of raw cotton export from India...
Read on to learn more!
