Chinese demand has fallen sharply depressed - Indian cotton yarn exports
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Media news, last week, India cotton and cotton yarn prices remain strong momentum, chemical fiber yarn price is lower, spinning mill fibre yarn and blended yarn production profits fell.
It is reported that the Indian cotton exports over the past few weeks back support, domestic cotton prices began to rise, domestic cotton prices rise.
Polyester staple fiber prices push by China, India's domestic polyester staple fiber prices rise, polyester yarn and polyester/cotton yarn price remains the same, result in spinning mill production profits is lower.
At present, the India viscose yarn price in a frozen state, but China viscose prices have started to drop, in the next few weeks, India domestic viscose fiber will then cut price.
According to statistics, since 2018 the Indian cotton yarn exports have been very depressed, in January in Bangladesh export growth of only 15%, far not enough to offset to the Chinese sales fell sharply.