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

China's lack of demand weakness - India and Pakistan cotton yarn exports Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-07-02
Although the latest week India cotton prices stabilised, but cotton prices accelerated decline, mills lower profits. S - the week to India 0 6 spot prices rise. 9%. Nearly 30 around India's combed yarn has fallen by 4%. India downstream demand is still weak at present, China's import enterprises have not fully return to the market, for Indian yarn imports fell 73% year on year in April. Though countries blockade is a factor, but actually from India yarn exports have been falling since last summer. Retail spending recovery and China's import demand recovery in Europe and the former, Indian cotton prices will continue to fall. In the latest week, with the eid and the end of the block, Pakistan textile mills to resume production, strong or slightly cotton prices, each type concrete was mixed. Cotton yarn exports remain weak, the reason is the decline of Chinese clothing exports to Europe and the United States cotton import demand.
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