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India exports market demand downturn cotton prices continue to cut - Textile information - Textile net - Textile integrated service provider
Over the past seven days ( 2 - in August 8) , India's domestic cotton prices fell slightly, while the yarn price remains the same, the yuan against the rupee stable, export prices have rebounded. According to statistics, India's domestic cotton prices S - over the past seven days 6 down 200 rupees to 48100 rupees/candesartan, fell by 0. 41%. Domestic 30 s pure cotton knitting yarn price remain unchanged at 221 rupees ($/ kg, local spinning profit margins up. In recent months, the yuan against the Indian rupee and the dollar exchange rate has dropped, the Chinese import prices, cotton, cotton imports were down. In order to guarantee market competitiveness in China, India's exports to China cotton, cotton prices have been cut. According to statistics, over the past seven days India 32 s cotton yarn exports CNF prices slightly down 3 cents to $3 / kg, the same level of Vietnam yarn export price to 3. $16 / kg, uzbekistan to 2. $98 / kg, Indonesia is 3. 19 $/ kg. It is understood that India cotton again pink bollworm, caused a great loss to farmers, is expected in the next period of time India cotton prices rose gradually by the support.