Cotton prices - India
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Textile net -
Textile integrated service provider
Nearly a week, India cotton prices continue to fall, polyester/cotton yarn and polyester yarn around nearly fell sharply.
The week of terylene yarn down 2.
Around 6%, nearly dropped 6%.
100% pure polyester yarn has fallen more than 10%, tatting yarn or smaller.
Nearly all round the viscose yarn down 7.
3%, 100% pure cotton yarn only down 2.
Knitted polyester yarn fell 8.
6%, terylene yarn fell 6%.
India's domestic demand is relatively weak at present, mills were forced to cut price.
In early June in polyester staple fiber prices cause chemical fiber prices fell sharply.
Cotton prices also fell, S -
6 fell 1.
Spot supply nervous, but international cotton prices dragged down by lower prices for domestic cotton.
Traders and turned to imports of cotton textile mill, flowers and ICE period cotton yarn price movements.
India suffered Pakistan cotton yarn cotton yarn exports competition, Pakistani rupee fell so that it is very competitive.
Pakistan cotton import prices also with the rupee falling and offset the adverse effects of cotton export prices fall.