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With over 19 years of experience in the yarn and textile industry.

China needs to reduce cotton yarn prices - India Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-07-10
In the latest week, India cotton prices began to fall, this is the first 3 months, the reason is China's demand for new crown pneumonia outbreak. In the week, India's domestic 30 combed yarn fell 1%. From a record low since last November 5, Indian cotton prices rose 7 - in the following three months 8% year-on-year, cotton prices fell 2%, so the cotton mill profits began to improve. In addition mills open lower likelihood also support the yarn price.
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