Declining exports affect India's cotton yarn prices continue to fall

From the end of September to the beginning of October, Indian cotton yarn prices continued to fall under the influence of falling exports (especially to China), and cotton prices were supported by increased imports from Pakistan.　　 At present, the price of cotton yarn in India continues to be under pressure from weak demand. China's tax exemption to Pakistan has caused continuous complaints from Indian yarn mills. In fact, the fundamental reason for the decrease in Indian cotton yarn exports to China is that the US's additional tariffs on Chinese clothing have led to a decline in Chinese cotton yarn import demand. The rebound in the Indian rupee exchange rate also led to an increase in yarn dollar quotations, and cotton yarn exports have fallen sharply in recent months.　　 At the same time, Indian cotton prices remain stable. As Pakistan's cotton production is much lower than expected, Pakistan's demand for Indian cotton imports may increase substantially. At the same time, the Indian Cotton Company may start a large-scale MSP acquisition after the start of the new year on October 1. Article Keywords: 　India Cotton Yarn Polyester Cotton Yarn Yarn Cotton Chemical Fiber Polyester Staple Price Overseas Textile