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Falling exports - Indian cotton prices continue to fall Textile information - Textile net - Textile integrated service provider

by:Chengyi     2020-07-01
At the end of September to early October, cotton prices fall in exports (India Especially in China) Continue to fall under the influence, cotton prices are supported by increase import in Pakistan. At present, India cotton prices continue to pressure by weak demand, China implements tax exemption for Pakistan to India mills complaints. In fact India cotton yarn exports to China to reduce the root cause is the United States impose tariffs on Chinese clothing to lower cotton import demand in China. The Indian rupee rebound has also led to the yarn dollars bid up, cotton yarn exports have fallen sharply in recent months. Meanwhile, India cotton prices remained stable. Because Pakistan cotton output was well below expectations, Pakistan to India cotton import demand could rise sharply. After the New Year begins October 1 India cotton may be starting to large-scale MSP acquisition.
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