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Cotton yarn prices remain strong - India Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-06-16
In the latest week ( On February 14 - 20) Cotton and cotton yarn prices remain strong, India cotton production is expected to significantly lower than expected, polyester short and short price increases slightly. Because of the reduced landings of the crop, ICE cotton futures rebound, February 20 domestic cotton prices rose slightly, but still lower than a week ago, S - 6 spot prices fell 300 rupees, or 0. 75%. Although cotton prices strong, India domestic cotton prices began to fall, the mills to maintain has been dwindling profits. Polyester short and short price up 0 respectively within one week. 8% and 0. 6%. Polyester/cotton blended yarn and polyester viscose blended yarn price stability. Indian cotton export prices, 30 combed yarn up to 3. $35 / kg ( FOB) , close to 3. Almost a year highs of $40. Polyester/cotton blended yarn prices rose 5 cents to 2. $80 / kg, it is the highest since June last year. In the coming weeks, the influence of the market of the crop to reduce, India cotton and cotton yarn price is expected to remain strong. This year India's cotton output is expected to lower than expected.
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