EICA has over 400 members representing all segments of the cotton and textile industry of the country including mill buyers, growers & growers co-operatives, ginners & pressers, importers, exporters and many more.
The committee of the association fixes upcountry spot rates for major descriptions of cotton and these are used for claiming differences in invoicing back or in closing cotton contracts. These rates are also used for compiling index for raw cotton.
EICA recently released its upcountry spot rates for cotton. To view details of the list, click here
East India Cotton Association