India and Pakistan full closure price stability - the cotton yarn exports
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As the Indian countries from three weeks to mid-april, textile industry to stop completely, the entire textile supply chain is destroyed, textile mills were forced to close, inventories remained stable.
Due to traffic, it emerges, Ma Bang outward transport of cotton, migrant workers return to the origin.
Due to western demand has dropped to freezing point, cancelled a large number of orders, lead to stop production, so the textile inventory temporarily won't rise significantly.
Due to the trade activities will be stopped, cotton yarn price basic did not change.
Pakistan countries, trade activities section last week delay.
Although the downstream demand, but the price of cotton affected by reduced production rose.
Prices of textile machine has fallen sharply to cotton.
Largest mills spot to stop production, now only a handful of quotation, recently tend to guarantee in stock to sell, 30's, combed yarn rose 6.