Posted on September 7, 2022

Importers in China, who account for 80 per cent of Indian hair exports, are asking exporters to ship hair at a discount of 40 per cent.

Beijing has not released a due payment of Rs 300 crore against their exports.

The 40 per cent discount being asked by China will put pressure on the profit margins of Indian exporters, who sell hair at an average price of $150-$200 per kg.

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