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11-1 month 17, India cotton export prices - a week Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-07-13
11-1 month 17 week India domestic cotton prices stop rising with cotton prices. 5 - cotton export prices over the past week the rise 10 cents, including JC30SFOB export prices rose 5 cents, up 25 cents in the past two weeks. Although India's recent cotton market began to speed up, but this week the cotton market is still less than two weeks ago, in a relatively low level this year. The cotton output in this year's state of maharashtra and gujarat or affected by pests production, India cotton output will be lower than expected. According to statistics, over the past decade, India's cotton output growth of 22%, while cotton consumption growth of 33%. Over the past weeks cotton import demand stimulus cotton prices continue to soar, China FangQi to reduce costs is turning to the use of domestic cotton, reduce factory in Vietnam. India cotton traders to cancel part of the cotton export contracts, lead to yarn price surge in Bangladesh.
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