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India and Pakistan yarn export strength - quotation Textile information - Textile net - Textile integrated service provider
In the latest week, India spun yarn prices are falling, down 1 - most products 2 r/kg, it is associated with a polyester short reduced demand and prices. At present, China's market demand and the yarn of competitiveness, The rupee) , the influence of India's domestic yarn price is falling, as the demand for cotton yarn, cotton mill was forced to cut price, 30 combed yarn down 2 rupees per kilogram, or 0. 9%, 40 combed yarn down 2 rupees. 30's, combed yarn fell 1 r, nearly all round down four rupees, or 1. 9%. 100% polyester yarn in polyester short fall under the drag of lower, 1. 4 d polyester short from 102. 50 rupees/kg down to 96. 50 rupees per kilogram, down 6 rupees, or 5. 8%. The domestic market demand is still flat after Pakistan eid al-fitr, cotton prices fell, the yarn is 30 down 0. 97%, the domestic spot market transaction insipid, market parties continue to wait for the new federal budget details. The future for a period of time, the rupee may continue to fall, is expected to boost cotton yarn exports. However, cotton demand is likely to remain weak, so domestic cotton prices will remain under pressure. By contrast, led by rising demand in China, the yarn export quotation is very strong. At the same time, Pakistan cotton prices strong, the reason is that domestic cotton supply tension and the rupee weakness. In the coming weeks, cotton textile mills will continue to be imported.