Indian officials officially announced an end to the cotton export ban on April 30, but the fallout from the government's decision will last for some time. While the long-term implications are unclear at this point, the decision did prompt a number ofevents and reactions around the world: International cotton prices immediately dropped, with cotton for July delivery falling almost 2 cents. The Southern India Mills Association - considered by many to be the driving force that pressured the governmentinto the export ban in the first place - has said that allowing exports will cripple the domestic textile industry. Cotton professionals and industry analysts admit that they have lost the ability to predict what India will do in the future.
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